Commercial, Consumer, and Mortgage Lending Performance Optimization
Transform your commercial, small lending consumer, and mortgage lending operations to provide an enhanced borrower experience, improve efficiencies and increase profitability.
Cornerstone Provides Proprietary Commercial Lending Consulting Strategies
Traditional lending is facing challenges from both external and internal forces. Fintech and non-bank lenders are changing borrowers’ behaviors and expectations while inefficient processes and outdated technology are eroding profitability from the inside. Cornerstone Advisors is uniquely positioned to provide our clients with valuable insights and direction on how to optimize both their traditional and commercial lending operations.
Transform Your Commercial Lending Performance for Future Readiness
Commercial Loan Performance Improvement - Assessment
Cornerstone takes a holistic approach to performance improvement, ensuring alignment between an organization’s long-term goals and the unique intricacies of its lending processes, people, and technology. We will delve into operational processes and workflows to discover the key drivers of performance metrics. After a complete analysis of an organization’s performance metrics, we compare this data against industry best practices and proprietary benchmark data in our Performance Vault™ to create a comprehensive Performance Assessment and Opportunity Roadmap to drive higher performance, ROI, and revenue opportunities.
Commercial Loan Performance Improvement - Execution
Cornerstone works with FIs to execute and implement the recommendations identified in the Performance Assessment. We manage the project, timelines, and resources to achieve the goals and objectives that will ultimately improve performance and profitability. Our proven methodology encompasses the necessary project oversight and design maps to ensure the organization’s desired future state is achieved.
Vendor Management Systems
The right technology lays the groundwork for a future-ready, high-performing lending business. Cornerstone’s hands-on experience and proven approach help establish key criteria for vendor RFPs and provide an objective framework to guide the vendor evaluation and selection process. Using Contract Vault™ and financial models, we work to negotiate the best contract terms and pricing. Upon selection, Cornerstone provides guidance and oversight to ensure the implementation stays on track and projected efficiencies and other goals are achieved.
Commercial Lending Systems
Cornerstone’s expertise and work go far beyond a simple system conversion. We ensure that the project’s scope includes evaluation and re-engineering of current processes and workflows to improve efficiencies and performance. We identify and mitigate conversion risk, and ensure the capabilities and functionality of the new system are fully maximized, minimizing the risk to customers and end-users. Our seasoned industry veterans ensure all processes are optimized, creating an improved customer experience and enhanced revenue generation opportunities.
Why Commercial Lending Banks Trust Cornerstone
Backed by inside knowledge, insights, and proprietary benchmark data, our leading industry veterans evaluate an institution’s workflows and technology to create a robust plan that optimizes the institution’s commercial lending operations for maximum impact and profitability.