In a recent poll conducted by Moody’s Analytics, the question was asked, ‘What is your biggest challenge in initiating the loan process?’, to which 66% of bankers surveyed answered the manual collection of financial documents and information and subsequent back and forth with the loan applicant. In the same survey, Moody’s Analytics asked, ‘What percentage of your sales cycle do you spend waiting for an applicant’s financial documents and information?’, to which bankers answered 30% to 50%. This means that 40% of the sales cycle is waiting on a frustrated customer to provide financial documents.
Keeping track of emails and documents for loan applications is a nightmare. Be it residential, commercial, SBA, insurance or financial advisory, efficient document collection is crucial to maintaining sales velocity and closing more business. Now, Pipedrive users can gather all the supporting financial documents, e-signatures, files and the data required for a loan in record time with Fileinvite.
Today’s highest performing business lenders are automating the collection and management of client financial documents and other information with Fileinvite and receiving the following benefits:
AN IMPROVED USER-EXPERIENCE
Get More Done
Save 35% of your time
Be More Secure
Get compliant with document collection
Five Star Ratings
Get your customers raving about you
Manually managing credit applications is a painful process. FileInvite removes those pains. Here are the top ways document collection software can help improve your business processes.
The right document collection can help you save hours in administrative workflows.
In fact, by using FileInvite you can boost business productivity by an average of 35%.
Getting time back allows you to work directly on your business.
Get more leads and improve the customer experience to turn those leads into full-fledged customers
Have Happier Clients
A sleek client portal makes a great first impression with clients.
Make document uploading from any device easy for your clients and send them automatic reminders on upcoming due dates.
Increase Privacy & Security
Emails are a vulnerable way to transfer and store information.
FileInvite pulls sensitive documents out of your inbox, ensuring your clients’ personal information is stored in a safe, secure place.