Bestborn Business Solutions, a provider of accounting and financial management solutions to the mortgage industry, has introduced a new version of its fast-growing accounting software package for mortgage banking called Loan Vision Lite.
This new version of the company’s loan-level accounting software for mortgage banking is geared for smaller institutions and can readily scale up to the full-featured version of Loan Vision.
Loan Vision Lite comes preconfigured and ready to use with a convenient migration tool to pull previous accounting information from QuickBooks and connections to all industry loan origination systems, the company says in a press release.
It offers roles-based permissions with dashboards and a reporting package sufficient to support smaller mortgage lenders.
Unlike QuickBooks, Loan Vision offers eight cost centers that can be used to manage branches, regions of branches or even individual loan officers. Customers can import their data, become familiar with the software and be ready to run reports in a matter of hours.
“Loan Vision Lite gives smaller mortgage lenders access to powerful software that was designed specifically for their industry,” says Martin Kerr, president of Bestborn, in a release. “The days of relying on spreadsheets to fill gaps in QuickBooks and other non-industry accounting tools are now over. The lite version of Loan Vision is a powerful alternative to generic accounting tools and provides a convenient and smooth migration path to even more powerful industry software as they grow.”