The CCMC GL Connector™ for Accounting and GL Connector™ for Loan Operations streamline the accounting workflow by automatically generating general ledger entries from data already in the financial institution’s loan origination system. After the loan is closed, the loan fee data can easily be moved from the loan origination system to the general ledger with a few simple mouse clicks. The GL Connector simplifies the loan accounting steps and saves countless hours of rekeying data.
The GL Connector for Accounting and the GL Connector for Loan Operations complete the same functions, however, the Loan Operations version is integrated into the Mortgage Loan Connector™ screens. This allows a single person to book the loan and process general ledger transactions, saving the financial institution valuable time and money. If the financial institution’s practices dictate that a separate accounting person be responsible for general ledger transactions, the GL Connector for Accounting is a stand-alone solution that can be installed on the accounting computer and will allow you the same great functionality but, the freedom to separate the booking and general ledger processes between multiple users.
Key Benefits and Features:
- Full Time Equivalent (FTE) displacement solution allowing for a single person to seamlessly handle multiple processes
- Automates processes thereby reducing training time and expense
- Increase data quality by eliminating rekeying errors
- Two options give the financial institution the ability to customize based on business needs and regulations
Want more integration and automation?
Check out these add-on features to enhance your connector even more!
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