ACES (Automated Compliance and Evaluation System) Web Audit Technology vs. FinnOne Neo

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ACES Web Audit Technology
Score 8.4 out of 10
Mid-Size Companies (51-1,000 employees)
ACES Risk Management's (ARMCO) flagship product is ACES (Automated Compliance and Evaluation System) Web Audit Technology™ which enables full understanding of mortgage loan quality, how to control it and how to convey it. According to the vendor, their web-based solution includes highly customizable technology that places audit plans, policies and procedures in motion to significantly reduce time and risk. Additionally, the vendor says ACES is a trusted solution to pre-funding QC, post-closing…N/A
FinnOne Neo
Score 7.1 out of 10
N/A
FinnOne Neo is an automated, workflow-based and technologically advanced lending solution that provides loan lifecycle management capabilities, available on-premise or from the cloud. It enables customers to digitize and automate their processes, launch tailored products, and offer services across multiple channels. FinnOne Neo helps digitize the complete loan lifecycle end to end, from initial contact with customers and helping make better credit decisions faster to loan servicing and…N/A
Pricing
ACES (Automated Compliance and Evaluation System) Web Audit TechnologyFinnOne Neo
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
ACES Web Audit TechnologyFinnOne Neo
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
ACES (Automated Compliance and Evaluation System) Web Audit TechnologyFinnOne Neo
Top Pros

No answers on this topic

Top Cons
User Ratings
ACES (Automated Compliance and Evaluation System) Web Audit TechnologyFinnOne Neo
Likelihood to Recommend
7.8
(2 ratings)
8.2
(3 ratings)
User Testimonials
ACES (Automated Compliance and Evaluation System) Web Audit TechnologyFinnOne Neo
Likelihood to Recommend
ACES Risk Management Corp (ARMCO)
The technology is very well suited for QC audits. It is also flexible enough to create audits for other purposes within the mortgage industry.
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Nucleus Software Exports Ltd.
FinnOne [Neo Cloud helped] with the complete loan lifecycle from the first time a customer contacts us all the way to the end. It helps with better loan decisions. We use it to process a lot of loans and we like the faster process and the paperless process as well. I cannot think of anything negative to say about this system.
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Pros
ACES Risk Management Corp (ARMCO)
  • Peer comparisons
  • Question filtering
  • Response resolutions
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Nucleus Software Exports Ltd.
  • Process automation across banking use cases like customer onboarding.
  • Multi dimensional reporting analytical view.
  • Open integration platform.
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Cons
ACES Risk Management Corp (ARMCO)
  • Reporting is through Business Objects, which requires someone proficient in that technology. If ACES could provide more assistance in this area it would wonderful.
  • A more detailed user guide. Not all processes are explained well.
  • Provide the ability to view updates in a PDF format so that we can review them at one time instead of one item at a time.
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Nucleus Software Exports Ltd.
  • The interface could be improved because there is some confusion in certain areas that need to be more friendly and clear.
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Alternatives Considered
ACES Risk Management Corp (ARMCO)
Similarity. It had better pricing and servicing module.
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Nucleus Software Exports Ltd.
FinnOne [Neo Cloud] is at a lower cost. it provides better efficiency and an improved workflow. It saves time and storage with its paperless function. It helps with organizing and managing customer data. Provides superb loan making decisions. It is easy to use and implement in an organization. Overall it makes things work smoothly.
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Return on Investment
ACES Risk Management Corp (ARMCO)
  • ACES has assisted in organizing, streamlining and automating our qc processes as well as other required audits.
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Nucleus Software Exports Ltd.
  • Improved business revenue.
  • Less user drops.
  • Analytical information.
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ScreenShots

ACES Web Audit Technology Screenshots

Screenshot of With Tableau software, enable any user to see or create impactful visual analysis within minutes. Provide actionable insight like never before.Screenshot of Powerfully visualize reports such as Disbursement of Loan Ratings by Fannie Mae Category and Sub-Category, Calculated Loan Rating, Disbursement of Exceptions, Calculated Loan Rating by Branch, Number of Exceptions by Assigned Loan Rating and more. Filter, sort, publish and discuss interactive data at any time. Collaboration and immediately sharing impactful findings are now easy with self-serve visual analytics.Screenshot of ARMCO’s TRIDCompare allows clients to automatically validate TRID disclosures against LOS data. Increase efficiencies and save time by matching critical documents side-by-side with a click of the mouse. Easily find discrepancies, and quickly rectify before closing a loan.Screenshot of Document indexing provides a more efficient process for the identification and organization of the multiple documents contained within a loan file. ACES makes it easy to upload data and bookmark each loan document with customized or preset categories and sub categories.Screenshot of ACES Web allows clients to reduce gross defect rates by identifying missing documents associated with a given loan file.  The set of documents needed for the loan can be customized by the client and criteria-driven.  Documents identifed as missing are then automatically requested from thje responsible party via ARMCO’s Communication Portal.Screenshot of Advanced extraction technology gives you the ability to examine signatures and other critical data elements within multiple documents side-by-side. Quickly and easily validate data with 100% transparency and identify discrepancies and potential fraud.