Realize real Return on Investment (ROI).
WebEquity® helps streamline every step in your lending process from origination, credit analysis, decisioning and portfolio risk assessment. The time savings and reduction in paper costs alone can deliver bottom-line impact.
Read a real customer ROI example.
Citizens Bank
$13.3 Billion Bank Realizes Over $95,500 Annual Savings with WebEquity
Citizens Bank streamlined their lending processes utilizing WebEquity on-demand software. Julie
Wuthrich, Vice President conducted a detailed ROI assessment after their WebEquity implementation,
quantifying the return on their software investment.
ROI Highlights*
| Time savings per loan: | 2 hours, 18 minutes |
| Cost savings per loan: | $63.68 |
| Annual savings: | $95,520 |
Lending Process Improvements:
- Automated/consolidated processes between departments
- Eliminated redundant data entry in multiple software programs
- Minimized staff training by moving to a single system
- Improved ability to track and monitor loan requests and identify potential pitfalls in the loan process
- Use of eNotices to expedite the decision and approval process
Get a ROI review for your institution.
*Note: These figures do not include the savings realized in processing larger loans. Citizens estimates that the time to process their larger loans has been reduced from 2 to 3 days to less than a day.
