Take Control of Borrower Reporting
Covarity provides the foundation to automatically send reminder and late notification emails, provide a secure document repository, and display real-time bank wide late reporting.
Highlights of the borrower reporting module include:
- Create up to 10 recurring reporting schedules per borrower.
- Utilize any of the 12 built-in frequencies which include daily, weekly, monthly, quarterly, semi-annually, annually, and biennially.
- Specify any type of reports or documents that are required from your clients.
- Send customized email communications to remind clients of upcoming deadlines, or to advise clients when they are late.
- Report on and manage exceptions in real-time.
- Monitor your internal SLA and turnaround times.
- Forecast expected work up to 12 months in advance at the bank, employee, or borrower level.