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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Abrigo ALLL

    Score9 out of 10
    Mid-Size Companies (51-1,000 employees)
    Abrigo ALLL (formerly Sageworks ALLL) is a solution for loan allowance and lease loss calculation and is targeted for banks and credit unions. It is designed to help streamline the reserve calculation while providing a consistent analysis that is defensible to auditors, examiners & the board. According to the vendor, this solution enables users to do the following: Spend 80% less time on the ALLL Reduce manual errors & examiner…N/A

    Calyx Point

    Score6.1 out of 10
    N/ACalyx Software offers Point for mortgage officers, software supporting the loan lifecycle from prequalification to processing.N/A
    Pricing
    Abrigo ALLLCalyx Point
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Abrigo ALLLCalyx Point
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeRequiredNo setup fee
    Additional Details
    More Pricing Information
    User Ratings
    Abrigo ALLLCalyx Point
    Likelihood to Recommend
    -
    (0 ratings)
    2.5
    (2 ratings)
    User Testimonials
    Abrigo ALLLCalyx Point
    Likelihood to Recommend
    Abrigo
    No answers on this topic
    Calyx Software
    It gets the job done for initiating loans. I can't say anything about the marketing tools as I haven't used them but as a de facto technical support person in the company, I have helped many of the loan officers resolve issues (or inform them they are not resolvable yet). One limitation I ran into was property and loan matching. The system allows one property to be matched with multiple liabilities but not the converse. For an investor with a portfolio loan, it was not possible to show one liability relating to multiple properties. This required workarounds. The field for entering properties is very small in list form making review difficult when there are more than a few properties. The interface could be more adjustable. Overall, the program is not well-liked by the loan officers who would prefer a more modern platform, though all surely have some drawbacks. The program appears to have many functions we do not use and it would be preferred if the ones we use worked better.
    Incentivized
    Read full review
    Pros
    Abrigo
    No answers on this topic
    Calyx Software
    • I can’t say
    • I don’t have any examples
    • The suite is a constant thorn in my side
    Incentivized
    Read full review
    Cons
    Abrigo
    No answers on this topic
    Calyx Software
    • There is lots of room for improvement as there have been many bugs in the implementation of the new format. Responsiveness to customer needs was inexcusably slow for a change that was years in the planning.
    • Many of the calculations seem inconsistent on Fees Worksheet and other pages, including differences in how the information appears when printed vs onscreen.
    • The menus are not intuitive and could be much better.
    • The user interface is archaic.
    • Field links do not work correctly and take a long time to be corrected.
    Incentivized
    Read full review
    Alternatives Considered
    Abrigo
    No answers on this topic
    Calyx Software
    There are several other products available that we will consider when we are able to upgrade from Calyx.
    Incentivized
    Read full review
    Return on Investment
    Abrigo
    No answers on this topic
    Calyx Software
    • The learning curve to proficiency is steep
    • My goals of developing a smooth workflow [are] hindered by the lack of Point’s intuitiveness
    Incentivized
    Read full review
    ScreenShots

    Abrigo ALLL Screenshots

    Screenshot of Flexible model and segmentation to fit the bank's methodologyScreenshot of Comprehensive reporting for examiners, auditors