CASH Insight™ Helps Community Bank Deliver Loan Products Customers Need, while Balancing Risk and ROI
Wolters Kluwer’s financial spreading tool, CASH Insight, is front and center in helping MidAmerica National Bank support the businesses in the communities it serves. The nearly $420 million asset community bank, with branch locations in Canton, Cuba, Lewistown, Macomb and Henry, Illinois, serves a diverse set of retail and agricultural businesses.
MidAmerica National Bank needed a standalone tool that excelled at the fundamentals, from calculating standardized cash flow in the standard Uniform Credit Analysis (UCA) format to providing a consistent spread of customers’ financial statements.
“The module configuration of Wolters Kluwer’s CASH Suite allowed me to purchase exactly what we wanted,” said Tom Sandman, Senior Vice President of Risk Management at MidAmerica National Bank. The CASH Insight module had the core capabilities and the customization we needed, plus the flexibility and scalability to accommodate future growth.”
CASH Insight is a complete financial spreading tool that is easy to use. Its user interface is Microsoft-based providing a familiar navigation for users and a natural compatibility with Microsoft Excel and Word. This ease-of-use delivers greater efficiency for financial institutions, saving them time on training so they can spend more time serving their customers.
“CASH Insight enables us to ask better questions of our loan officers, who in turn, ask better questions of our borrowers,” said Sandman. “Our ability to provide more timely and accurate risk assessments to our lenders is not only helping us improve business performance, but keeping our commercial lending portfolio on track for continued growth.”
CASH Insight is part of Wolters Kluwer’s CASH Suite, a commercial lending software solution comprised of nine integrated modules: CASH Bridge™; CASH Opportunity™; CASH Insight™; CASH CRE™; CASH Reward™; CASH Profit™; CASH OnTrack™; CASH GlobalView™; and CASH Doc™. To learn more about CASH Suite, please go to: www.wolterskluwerfs.com/CASH.
About Wolters Kluwer Governance, Risk & Compliance
Wolters Kluwer Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer which provides legal, finance, risk and compliance professionals and small business owners with a broad spectrum of solutions, services and expertise needed to help manage myriad governance, risk and compliance needs in dynamic markets and regulatory environments.
Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.
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Wolters Kluwer Governance, Risk & Compliance