The GL Connector™ for Accounting and GL Connector™ for Loan Operations, streamlines 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.
Benefits and Features
|What’s Included?||GL - OPS||GL - ACCOUNTING|
|Automates processes thereby reducing training time and expense|
|Increase data quality by eliminating rekeying errors|
|Ability to customize based on Fl needs and regulations|
|Multiple fees can be combined into one total GL entry|
|Adheres to GAP|
|Automated Balancing Audit|
|Ability to be run before, during or after loan funding|
|Availability for Customized Reporting|
|Allows for the automation of reverse GL transaction|
|Boarded loans, generate GL entries are automatically|
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