Georgia-based Pinnacle Bank has implemented nCino company SimpleNexus’ Nexus Vision to support optimization of the bank’s mortgage operations with turnkey business intelligence (BI).
Founded in 1934, Pinnacle is a community bank with $2 billion in total assets and a loan portfolio of $1.18 billion.
“Nexus Vision provides tactical, up-to-date reporting that helps our mortgage sales and operations managers run the business more efficiently and spot bottlenecks sooner,” states Bill Corbet, president of Triple Crossing Consulting and the managing director of Pinnacle’s mortgage division. “These data insights are informing a top-to-bottom process re-engineering that has already reduced mortgage cycle times by over 50 percent and significantly improved net mortgage income.”
Nexus Vision is enterprise-grade BI software for mortgage lenders. Its intuitive dashboards provide executives, branch managers and individual contributors with actionable insights into mission-critical business operations from production and pipeline metrics to employee, branch and partner performance scorecards.
“Decisions are the currency of any modern business,” says Lori Brewer, SimpleNexus’ EVP and general manager. “Nexus Vision provides the foundational data and insights lenders need to make better-informed decisions for a healthier bottom line. We are proud to be working with Pinnacle Bank to help transform mortgage lending into a line of business that serves shareholders just as well as it does customers.”