Seasoned SBA lender standardizing loan, CRM processes to support M&A
nCino’s platform will be critical to the bank’s active M&A activity by creating consistent loan delivery across merging institutions that encourages additional scalability. VantageSouth’s manual workflows will be completely automated and enable deeper clarity into loan production and portfolio performance. More than a LOS, the Bank Operating System brings rich CRM functionality, business process management and instant reporting under a single platform. The bank can track key metrics that allow for more effective goal setting and cross sells, and, via its SaaS configuration, can give stakeholders across the institution secure, real-time access to meaningful data between devices.
nCino customers experience a 22 percent average increase in staff efficiency and 17 percent average reduction in operation costs after implementing the Bank Operating System. Partnering with nCino will enable VantageSouth to focus more time on revenue-generating activities as a result.
“nCino can help banks involved in merger and acquisition activity have greater transparency and clarity across institutions,” said Pierre NaudÉ, CEO of nCino. “VantageSouth is a marquee example of how this will ultimately drive faster synergy and results following the acquisition or merger.”
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Source: nCino, Inc.