A Wisconsin bank recently contacted Peak Consulting for assistance with a number of projects including a Loan Core Optimization with an Opportunities Project Plan.
The Loan Core Optimization consisted of a 4-day on-site comprehensive review of the banks Loan Accounting System General, Miscellaneous, and Product Specifications. They also took a deep dive into Shadow Loan Accounting, Escrow Specifications, Transaction Processing, Credit Bureau Codes and Reporting, PMI Processing and Collateral Reporting.
During the 4-day Loan Core Optimization several opportunities for efficiency improvement were identified and outlined in an Opportunities Project Plan. The Opportunities Project Plan was delivered to the client at the conclusion of the engagement in an organized, shareable format in SmartSheet®. The Opportunities Project Plan includes a description of each opportunity covered throughout the review along with an established priority that will set the bank up for success long after the Peak team departs.
An Opportunities Project Plan can be added to any and all Peak services. If you would like more information on Peak Consulting’s Opportunities Project Plan, contact Brandy Nielson at Brandy@peakconsultingllc.com.
