Next Level LOS Platform Worthy Of Your Time!
Use Cases and Deployment Scope
Northridge Loan System is being used in our organization as our new solution to handle loan management as we are migrating off of an old antiquated system. By using Northridge Loan System we are able to shed some old IT infrastructure that cost us extra per year to maintain. The product spans a majority of our business and our goal is to use this platform to manage our customer's auto loans for the next several years.
Pros
- It can be deployed in the cloud making it easier to implement.
- There are many different options for implementation in our IT environment including on-prem.
- It can integrate with our Active Directory allowing for easy user management.
Cons
- In some instances, we have noticed there are some latency issues when reading and writing from SQL databases as new code bases get released.
- API library upgrades could be tested a bit better in each new release.
- Cloud implementation could be a bit more streamlined.
Likelihood to Recommend
Some areas where Northridge Loan Systems is best suited is for mid to large-sized companies who are handling thousands of loan applications on a day-to-day basis. Since this program has a sizeable IT infrastructure, this software is best suited for companies that have a mid to large-size IT team with scalable infrastructure. I would not recommend Northridge Loan System to smaller-sized companies with a low volume of loans as it can be a mid-complex to manage and maintain when there are other solutions out that cater to smaller businesses.
