FISCAL Tracking

FISCAL Tracking is a loan exception tracking software that aims to streamline the loan exception tracking process for banks and credit unions. It is designed to be suitable for institutions of all sizes, from small community banks to large financial organizations. The software is intended to assist loan officers, credit analysts, back office personnel, chief credit officers, and senior business managers in the banking and credit union industries with efficient tracking and management of exceptions related to loan documents and borrower information.

Key Features

Exception & Tickler Tracking: FISCAL Tracking provides a standardized tickler system and a flexible process to streamline the loan exception tracking for banks and credit unions. The software offers built-in checklists, letters, and reports to facilitate an efficient and intuitive process for tracking loan exceptions. The system is designed to handle the potential complexities of related parties, ensuring clear visibility of all information in a relationship.

Standardized System: FISCAL Tracking offers a built-in system with checklists, letters, and reports, aiming to provide an efficient and intuitive loan exception tracking process. The system allows for easy setup of even the largest relationships and loan management workflows. Connections in the Related Parties table are intended to ensure clear visibility of all information in a relationship.

Consistent Communication: FISCAL Tracking aims to facilitate consistent communication across departments through focused reports and notifications. The software provides a dashboard view of the entire loan exception tracking process, offering real-time insight. Officer reports and customer letters are intended to enable proactive communication and keep everyone informed.

Flexible Process: FISCAL Tracking offers an efficient and intuitive tickler tracking process that can be easily adjusted to fit the specific needs of each borrower. The system includes built-in templates for checklists, letters, and reports, which can be easily modified to accommodate unique requirements. Changes to checklists, letters, and reports can be saved as new templates, allowing for extensive ad-hoc adjustments.

Ease of Reporting: The software offers ease of reporting and the ability to generate letters to request financial information. Reporting capabilities and the ability to generate letters for requesting financial information are included.

Real-time Insight: FISCAL Tracking provides a dashboard view of the entire loan exception tracking process, aiming to offer real-time insight. The system is designed to help prevent surprises by notifying customers and officers of upcoming due dates, ensuring smooth lending and portfolio management.

Compliance Demonstration: The vendor claims that compliance is easily demonstrated with the software, earning high marks from examiners.

Adaptable Templates: The software recognizes that small business lending is not one-size-fits-all and aims to provide flexibility to handle multiple guarantors and varying financial quality.

Smooth Operations: According to the vendor, with a clean portfolio and efficient operations, FISCAL Tracking aims to ensure a smooth and satisfactory experience for users.