About Megasys
We provide customizable software platforms for finance companies of every size, from startup businesses to major corporations. Our clients service 2 million active accounts and have processed over 1 million applications, with $8 billion in transactions.
Streamline Your Entire Loan Process With A Loan Origination System
Loan origination is a complex process that includes application, credit analysis, loan approval, and disbursement of loan amount. To maximize efficiency and profitability, loan origination businesses need comprehensive tools to manage each stage. The best loan management software offers a unified platform to manage all these aspects, thereby simplifying operations.
When choosing a LOS, the first step is to decide what your needs are. The software should be integrated into your business process. Then, you’ll have to determine the legal compliances that will allow the software to work with your current system. Once that’s done, an acting administrator will work between you and the vendor to ensure the integration goes smoothly. It is important to choose one that complies with industry standards and current regulations. Additionally, it should be flexible enough to accommodate changes in regulations. Ultimately, your decision will depend on the needs of your business. .
Increase Efficiency, Decrease Errors & More With A Loan Origination System
Loan origination systems depend on the goals of your business. Most institutions aim to boost earnings, improve borrowers’ experience and increase portfolio growth. This is why the most suitable commercial lending software is one that can manage the entire loan lifecycle. For example, it can generate loan documents and facilitate compliance, as well as track data and make it easy to share information.
When evaluating LOS, it’s important to look for capabilities that allow it to connect with other systems and applications. This is known as an API or application programming interface. It helps other software work with the software, which is important for banks with specific reporting requirements. In addition, a good LOS should also have the capability to plug into other systems to help manage the entire corporate workflow. Improve the workflow of your business with a loan origination system. Consult a loan software expert today!
INDUSTRY SOLUTIONS
The Omega system works well with many industries. If your business type is not listed, please contact us to inquire about how Omega may work for your specific needs!
Testimonials
I am very happy to have made the move to Megasys. It has simplified my everyday routine. Being able to take care of everything from one software has made working a breeze. I love being able to just pull up my laptop and make sure that everything is running smoothly. Being able to manage my finances, post payments, run reports, track the vehicles, all from 1 place it just couldn’t get any easier than that.
The entire support team has been very responsive to our questions as a new Omega user. The loan servicing functionality is easy to use, which is the most crucial piece of our business.
During the past 17 years, both our bank auditors and state auditors have been impressed with the amount of data, which have made all the audits easy to manage.
If you are currently using some type of packaged software during your day to day business and are looking for an upgrade to that software, Megasys is the way to go. Megasys has provided us with a valuable tool for our company’s needs and has streamlined our business model.
Steve Pittler
President, Friendly Finance Corp.
Take a chance on it and you won’t be disappointed, we searched for a long time to find the right system. Megasys was like jumping 20 years from our previous system.
Megasys provides excellent service and the support team is easy to reach out to. The system is very complete and reliable!
Our conversion to Megasys was overall seamless, the installation team was always there to help with any issues we had. Overall, we are happy with choosing Megasys as our software provider.
Michelle Kerzic
Office Manager, Thrift Investment
The ability to easily add integrations is fabulous! The staff at Megasys are awesome!
Very professional staff and great customer service, they patiently answered all the questions we had. They exceeded all of our expectations.