Abrigo ALLL vs. TValue

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Abrigo ALLL
Score 9.0 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
TValue
Score 9.0 out of 10
N/A
TValue is a loan structuring and origination software and calculation tool from TimeValue Software headquartered in Irvine. It is available as a cloud-based software or installed.N/A
Pricing
Abrigo ALLLTValue
Editions & Modules
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Offerings
Pricing Offerings
Abrigo ALLLTValue
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeRequiredNo setup fee
Additional Details
More Pricing Information
Community Pulse
Abrigo ALLLTValue
User Ratings
Abrigo ALLLTValue
Likelihood to Recommend
-
(0 ratings)
9.0
(0 ratings)
Usability
-
(0 ratings)
8.0
(0 ratings)
User Testimonials
Abrigo ALLLTValue
Likelihood to Recommend
No answers on this topic
It's best suited for any department that needs to frequently calculate large payment schedules. If you don't need this that much, then I don't think it's worth the price. You can create a schedule on your own, it will just take more time.
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Pros
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  • Calculate large payment schedules
  • Synchronize with Excel
  • Re-calculate payment schedules whenever there is an adjustment
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Cons
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  • The layout is really outdated compared to other accounting software.
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Usability
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Pretty easy to use, easy to find options. The only complaint is the layout is too outdated.
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Alternatives Considered
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We have not tried any other interest calculation software since we started using TValue. There just doesn't seem to be the need to switch and there aren't many options out there
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Return on Investment
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  • Saves a lot of time.
  • Provides precise calculations.
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ScreenShots

Abrigo ALLL Screenshots

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