Independent Banker - July 2024 - 61

Guest Experts:
Lending
Improve Profitability by Streamlining
Your Loan Origination Process
Challenge: After six straight quarters of bank deposit attrition and rising cost of funds, net interest margin compression remains the top
concern for banks year-over-year, according to Jack Henry's 2024 Strategy Benchmark.
Solution: Boost your bottom line (despite interest income challenges) by using a true end-to-end digital loan origination platform that
can help you originate more profitable loans, speed up your process, and offer better service at a lower cost.
As the financial industry navigates the challenges of net interest
margin compression, community bankers already know that
finding ways to do more with less is crucial.
The question is: where to start? Your lending operations could
likely offer up a plethora of opportunities to increase efficiency
- while reducing risk and improving the borrower experience
while you're at it. When you automate and streamline your loan
origination process, you'll be able to quickly deliver the loan
options today's consumers and commercial accountholders
expect.
Efficiency at its best
Jack Henry's end-to-end digital lending technology
revolutionizes the lending process by supporting the entire
lending lifecycle with seamless interactions. With our singleplatform
technology model, you can deliver more volume,
reduce clutter, and streamline workflows - ultimately increasing
your profits.
Make consumer lending easy
When it comes to consumer lending, our integrated, fresh user
interface meets the expectations of today's on-the-go borrowers.
Automated decision-making tools provide quick loan options while
embedded documents eliminate the need for jumping between
systems.
Redefine commercial lending
In commercial lending, our digital technology offers an automated
experience for business borrowers and staff because you're
streamlining and standardizing loan analysis, underwriting, review,
and management while controlling risk. What's more is that with a
quick loan approval process and data-driven insights, you're better
positioned to serve niche markets like small businesses.
Simplify and standardize
Empower borrowers to communicate and transact at their
convenience with online applications and document submission.
Auto-decisioning tools and product-specific workflows reduce
underwriting time, creating efficiency and transparency for both
your team and your borrowers.
Start the transformation
By automating and streamlining your loan origination process with
Jack Henry's digital lending technology, you can speed up your
loan approval process - saving time on the back end and meeting
the expectations of consumers and commercial accountholders.
Transform your lending operations to increase efficiency, boost
margins, reduce risk, and improve the borrower experience.
Contact us today to learn more.
jackhenry.com
http://www.jackhenry.com
Independent Banker - July 2024

Table of Contents for the Digital Edition of Independent Banker - July 2024
