Name: Exec-Amort Loan Amortizer Plus
Author: Electrosonics

Help Desk

Web and Video Conferencing

Customer Support

AI Code Generation

Accessibility Testing

Development

Classroom Management

Virtual Classroom

Education

Business Intelligence (BI)

Collaboration

Data Extraction

Emissions Management

Integrated Workplace Management (IWMS)

Intellectual Property (IP) Management

Risk Management

Enterprise

Accounting

Digital Banking

Nonprofit Accounting

Treasury Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

3D Printing

Authorization

Cloud Storage

Configuration Management

Data Collaboration

Fraud Detection

Game Engine

IP Address Management (IPAM)

Integration Platform as a Service (iPaaS)

IoT Security

LAN Switches

License Management

Network Performance Monitoring

Network Security

Open-Source Database

Operating Systems

SOA Governance

Service Desk Outsourcing

Single Sign-On

Vendor Risk Management

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Appointment Scheduling

Audience Intelligence

Content Experience

Content Management

Customer Journey Mapping

Email Marketing

Influencer Marketing

Market Research

Marketing Automation

Social Media Management

Survey & Forms Building

Text to Speech

Video

Video Marketing

Web Analytics

Marketing

Meeting Room Booking

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Performance Management

Social Commerce

Sales

Virtualization Security

Security

Agriculture

Banking

Donor Management

Equipment Rental

Rental Property Management

Vertical-Specific

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The Exec-Amort Loan Amortizer Plus, developed by Electrosonics, Inc., is a software solution designed to meet the needs of financial institutions, public accountants, attorneys, real estate professionals, and government agencies. According to the vendor, this tool offers adjustable scheduling and supports a wide range of loans, including balloon and mini-balloon loans, equity draws, negative amortizations, judgments, and end-of-month loans.

Exec-Amort utilizes a built-in Julian calendar to ensure accuracy in loan calculations. The vendor claims that the software supports future value calculations, allowing users to determine the value of an investment or loan at a specific point in the future.

With extensive reporting options, Exec-Amort provides detailed loan amortization reports, APR reports, and annual summary total reports. The vendor states that users can customize report titles and layouts, add multi-line comments, and include a company watermark backdrop.

The software offers flexible payment calculation methods, including automatic fixed, user-specified amount, deferred, interest-only payments, automatic fixed principal plus interest, and user-specified fixed principal plus interest. Users can schedule payments on a monthly, bimonthly, quarterly, tri-annually, semiannually, or annual basis, as well as on weekly, biweekly, every 4 weeks, every 13 weeks, and every 26 weeks schedules.

Exec-Amort supports fixed or adjustable interest rates up to 1000% and calculates interest based on various day year conventions. The software handles interest compounding, automatic and manual prepaid interest calculations, and accommodates negative amortizations and reverse mortgages.

Users can make post individual or recurring extra payments or fees, which can be principal only, principal & interest, or non-affecting principal/interest balances. The vendor claims that users have the option to show extra payments on their own line or add them to regularly scheduled payments, and that the software supports balloon payments.

Exec-Amort offers user-configurable default settings, allowing organizations to tailor the program to match their business practices. Users can customize interest, APR, IRR, rounding, interest accrual method, payment scheduling, fiscal/calendar year settings, future value treatment, short/long period interest and payment methods, report calculations, titles, layout, and format.

Exec-Amort Loan Amortizer Plus

Loan Servicing Software automates the loan lifecycle from origination, credit decisioning, payment processing and collections, to accounting and reporting.

Loan Servicing

Electrosonics

Loan Workflow

Tools used by loan origination and servicing and servicing agents to streamline their workflows.

Loan Document Management

This feature allows users to store, manage, and track all loan-related documents, ensuring compliance and efficient processing.

Loan Workflow Automation

This feature helps to automate various stages of the loan process, improving efficiency and reducing manual errors.

Loan Software Integrations

This feature allows lenders to access credit reports and scores from major credit bureaus, aiding in the credit assessment process, and integrate with CRM tools and third-party databases to manage borrower relationships.

Loan Reporting and Analytics

Allows users to generate various reports and analyze data related to loan origination and servicing, helping to make informed decisions.

Financial Reporting and Compliance

Financial statements and regulatory filings

Management Reporting

Tools facilitating creation of internal ad hoc or standard reports.

XBRL support for regulatory filing

Support for the XBRL standard reporting format for exchanging financial data.

Excel-based Reporting

Ad hoc or formatted reports using MS Excel.

Data Security

Tools and features that help keep data secure from unauthorized access or internal exposure.

At-Rest Data Encryption

Data at rest is encrypted, requiring decryption to read the underlying data.

In-Transit Data Encryption

Data is transmitted in an encrypted state, preventing interception of raw in-flight data.

In-Use Data Encryption

Data remains encrypted even when stored in non-persistent storage (RAM, CPU caches, and CPU registers). This prevents access to data through malware on an individual device.

Data Redaction

The product's capability to return redacted data in place of actual data when queried. For instance, a redacted query for the phone number 555-5555 could return ***-**55.

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Loan Servicing Software

Exec-Amort Loan Amortizer Plus

Overview

What is Exec-Amort Loan Amortizer Plus?