ABLE Monitoring vs. Encompass from ICE Mortgage Technology

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ABLE Monitoring
Score 8.1 out of 10
N/A
ABLE Monitoring solution provides business users with a variety of loan monitoring capabilities over retail, corporate, and SME portfolios to enable lenders to manage customer and account relationships more profitably. ABLE Monitoring Capabilities Boost revenue Boost average customer profitability by pre-approved loans, event-based personalized offers with geo-tagging, and regular adjustments of credit rates and limits. Foster…N/A
Encompass from ICE Mortgage Technology
Score 7.2 out of 10
N/A
Encompass from ICE Mortgage Technolgoy (formerly Ellie Mae) is an all-in-one mortgage management solution for lenders.N/A
Pricing
ABLE MonitoringEncompass from ICE Mortgage Technology
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
ABLE MonitoringEncompass from ICE Mortgage Technology
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
ABLE MonitoringEncompass from ICE Mortgage Technology
Top Pros
Top Cons
User Ratings
ABLE MonitoringEncompass from ICE Mortgage Technology
Likelihood to Recommend
-
(0 ratings)
6.6
(69 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(5 ratings)
Usability
-
(0 ratings)
8.2
(2 ratings)
Support Rating
-
(0 ratings)
9.1
(1 ratings)
Implementation Rating
-
(0 ratings)
5.5
(1 ratings)
User Testimonials
ABLE MonitoringEncompass from ICE Mortgage Technology
Likelihood to Recommend
RNDPOINT LTD
No answers on this topic
ICE Mortgage Technology (Ellie Mae + Simplifile + MERS)
The system is great for loan origination and downline processing. The thing about Encompass is that it's only as good as its user so I can see where new loan originators or folks who are new to the system can have a huge disadvantage over somebody who is experienced with it. Of course, if you have experience with it it's the perfect tool. Compliance is also a big factor that Encompass does take advantage of. It communicates with various 3rd parties like Blend, appraisal management systems, Loanbeam, etc to help gather data where needed and keep files in compliance as needed. I don't know of any other case use for Encompass outside of loan origination.
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Pros
RNDPOINT LTD
No answers on this topic
ICE Mortgage Technology (Ellie Mae + Simplifile + MERS)
  • The Web Center allows us to compete in our market and also allows us to continue to originate loans in markets where we don't have a physical originator.
  • The software is easy to use so it allows us to train staff very quickly so they can start producing mortgages.
  • I appreciate receiving information on upcoming updates well before they take place so that I can review the updates and inform the staff of changes they need to be aware of.
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Cons
RNDPOINT LTD
No answers on this topic
ICE Mortgage Technology (Ellie Mae + Simplifile + MERS)
  • Encompass is a powerful tool that is flexible and can be set up to meet your business needs. However, a guide of best practices in designing a workflow process would be a huge resource.
  • A feature that would be helpful is the ability to easily create pop up boxes that could allow users to identify errors in data being entered in to fields and direct them to a solution to easily correct the error.
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Likelihood to Renew
RNDPOINT LTD
No answers on this topic
ICE Mortgage Technology (Ellie Mae + Simplifile + MERS)
Invested and believe the system will be able to meet our needs for years to come, plus we have confidence in the company, Ellie Mae.
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Usability
RNDPOINT LTD
No answers on this topic
ICE Mortgage Technology (Ellie Mae + Simplifile + MERS)
some minor improvements would make a huge difference to me
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Support Rating
RNDPOINT LTD
No answers on this topic
ICE Mortgage Technology (Ellie Mae + Simplifile + MERS)
No better support around
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Implementation Rating
RNDPOINT LTD
No answers on this topic
ICE Mortgage Technology (Ellie Mae + Simplifile + MERS)
Should have sent someone to become an admin prior to implementation.
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Alternatives Considered
RNDPOINT LTD
No answers on this topic
ICE Mortgage Technology (Ellie Mae + Simplifile + MERS)
I am a long time user of Calyx software. I have loved using Calyx for most of my career. Early on, I did experience Encompass once and I felt it was too "management centric" at the time. After coming back to it now, I realize that my original feelings were more about distrust of my own management than the software itself.
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Return on Investment
RNDPOINT LTD
No answers on this topic
ICE Mortgage Technology (Ellie Mae + Simplifile + MERS)
  • Ellie Mae prepared itself well for TRID. We have been able to manage all of the changes using the configurable workflow to help all users understand the nuances of TRID.
  • We have gone paperless saving us time in transporting files between users and allowing us to reduce time to close.
  • Electronic signature of documents has allowed us to reach more borrowers.
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ScreenShots

ABLE Monitoring Screenshots

Screenshot of Loan Monitoring and Early Warning SoftwareScreenshot of Extendable set of positive and negative signalsScreenshot of Automatic and manual event processingScreenshot of Multi Channel interaction with customersScreenshot of Integration with 3rd party data and service providersScreenshot of Document management system