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ACES (Automated Compliance and Evaluation System) Web Audit Technology vs. CL Loan

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ACES (Automated Compliance and Evaluation System) Web Audit Technology

24 Reviews and Ratings

CL Loan

2 Reviews and Ratings

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    ACES Web Audit Technology

    Score9 out of 10
    Mid-Size Companies (51-1,000 employees)
    		ACES Risk Management's (ARMCO) flagship product is ACES (Automated Compliance and Evaluation System) Web Audit Technology™ which enables full understanding of mortgage loan quality, how to control it and how to convey it. According to the vendor, their web-based solution includes highly customizable technology that places audit plans, policies and procedures in motion to significantly reduce time and risk. Additionally, the vendor says ACES is a trusted solution to pre-funding QC, post-closing…N/A

    CL Loan

    Score6.9 out of 10
    		N/ACL Loan is a loan servicing application for both small business commercial and individual consumer loans, from California company Cloud Lending, featuring automated payment and billing and portfolio management features.N/A
    Pricing
    ACES Web Audit TechnologyCL Loan
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    ACES Web Audit TechnologyCL Loan
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    User Ratings
    ACES Web Audit TechnologyCL Loan
    Likelihood to Recommend
    7.8
    (2 ratings)
    -
    (0 ratings)
    User Testimonials
    ACES Web Audit TechnologyCL Loan
    Likelihood to Recommend
    ACES Risk Management Corp (ARMCO)
    The technology is very well suited for QC audits. It is also flexible enough to create audits for other purposes within the mortgage industry.
    Judith Palionis
    Quality Control Analyst III
    Read full review
    Cloud Lending
    No answers on this topic
    Pros
    ACES Risk Management Corp (ARMCO)
    • Peer comparisons
    • Question filtering
    • Response resolutions
    Incentivized
    Vickie Perfecto
    Director- Loan Servicing Origination Support
    Read full review
    Cloud Lending
    No answers on this topic
    Cons
    ACES Risk Management Corp (ARMCO)
    • Reporting is through Business Objects, which requires someone proficient in that technology. If ACES could provide more assistance in this area it would wonderful.
    • A more detailed user guide. Not all processes are explained well.
    • Provide the ability to view updates in a PDF format so that we can review them at one time instead of one item at a time.
    Judith Palionis
    Quality Control Analyst III
    Read full review
    Cloud Lending
    No answers on this topic
    Alternatives Considered
    ACES Risk Management Corp (ARMCO)
    Similarity. It had better pricing and servicing module.
    Incentivized
    Vickie Perfecto
    Director- Loan Servicing Origination Support
    Read full review
    Cloud Lending
    No answers on this topic
    Return on Investment
    ACES Risk Management Corp (ARMCO)
    • ACES has assisted in organizing, streamlining and automating our qc processes as well as other required audits.
    Judith Palionis
    Quality Control Analyst III
    Read full review
    Cloud Lending
    No answers on this topic
    ScreenShots

    ACES Web Audit Technology Screenshots

    Screenshot of With Tableau software, enable any user to see or create impactful visual analysis within minutes. Provide actionable insight like never before.Screenshot of Powerfully visualize reports such as Disbursement of Loan Ratings by Fannie Mae Category and Sub-Category, Calculated Loan Rating, Disbursement of Exceptions, Calculated Loan Rating by Branch, Number of Exceptions by Assigned Loan Rating and more. Filter, sort, publish and discuss interactive data at any time. Collaboration and immediately sharing impactful findings are now easy with self-serve visual analytics.Screenshot of ARMCO’s TRIDCompare allows clients to automatically validate TRID disclosures against LOS data. Increase efficiencies and save time by matching critical documents side-by-side with a click of the mouse. Easily find discrepancies, and quickly rectify before closing a loan.Screenshot of Document indexing provides a more efficient process for the identification and organization of the multiple documents contained within a loan file. ACES makes it easy to upload data and bookmark each loan document with customized or preset categories and sub categories.Screenshot of ACES Web allows clients to reduce gross defect rates by identifying missing documents associated with a given loan file. The set of documents needed for the loan can be customized by the client and criteria-driven. Documents identifed as missing are then automatically requested from thje responsible party via ARMCO’s Communication Portal.Screenshot of Advanced extraction technology gives you the ability to examine signatures and other critical data elements within multiple documents side-by-side. Quickly and easily validate data with 100% transparency and identify discrepancies and potential fraud.