ACES (Automated Compliance and Evaluation System) Web Audit Technology vs. FinnOne Neo

The technology is very well suited for QC audits. It is also flexible enough to create audits for other purposes within the mortgage industry.

FinnOne Neo Cloud is well suited for medium and small banks where budget is also medium and deployment is on cloud and not hybrid or on-premise which gets me to information security issues and takes loads of time in deployment. It's very well suited to be used in use cases like lending process automation in a bank or NBFC.

Incentivized

• Peer comparisons
• Question filtering
• Response resolutions

Incentivized

• Cloud management
• Tracking of data
• Ease of use

Incentivized

• 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.

• Different Geographies support.
• RPA and OCR capabilities.
• Process mining capabilities.
• Ott channels support seamlessly.

Incentivized

I believe ACES has a better platform for the audits that we conduct. It allows us to make changes and add questionnaires as they are needed.

FinnOne [Neo Cloud] is at a lower cost. it provides better efficiency and an improved workflow. It saves time and storage with its paperless function. It helps with organizing and managing customer data. Provides superb loan making decisions. It is easy to use and implement in an organization. Overall it makes things work smoothly.

Incentivized

• Production of quality loans to limit buybacks

Incentivized

• Our budget department has been reduced because of our licensing fee for FinnOne.
• Our ROI has increased dramatically because it had opened doors to more opportunities out there that could not have been done previously without a cloud-based platform.

Incentivized