Wolters Kluwer’s CASH Workflow solution has been named Commercial Loan Origination Solution of the Year by US Business News, as part of its Technology Elite awards series.
The award is intended to recognize the superior technology and user functionality of CASH Workflow, according to a press release. The solution is a Software-as-a-Service (SaaS)-based commercial lending workflow solution designed to help lenders more efficiently originate loans by converting back office paper processes into a digital workflow. Through CASH Workflow users can create custom workflows that match their existing commercial loan origination process or begin anew.
“On behalf of Wolters Kluwer I would like to thank the judges for this award recognizing CASH Workflow’s technology and user functionality,” said Steven Meirink, executive vice president and general manager of Wolters Kluwer’s Compliance Solutions business. “Independent recognition of our market leading analytics that enable more successful lender outcomes is always very welcome news. Lenders that implement a workflow solution will find themselves at a significant advantage to better serve their clients and grow their business. Wolters Kluwer’s experts continue to deliver excellence and innovation through CASH Workflow, with the solution simplifying and driving efficiency across the origination process through its responsive design and SaaS-based connectivity.”
CASH Workflow makes it easy for lenders to build a mirror of their commercial lending workflow or setup a new process with its drag-and-drop configuration tool. The tool uses an easy to understand visual interface to chart the process and facilitate the build out from application to close. Once configured, CASH Workflow provides a consolidated workspace and delivers automated activity alerts to loan officers to take action, as needed.