BankStride is a digital banking solution for loan exception tracking, secure document collection, loan covenants monitoring, loan portfolio management, pipeline management, construction loan management, credit risk reporting, and loan tickler tracking. By automating and streamlining loan exceptions and loan monitoring activities, Bankstride helps commercial banks save time and money, reduce portfolio risk, and close more loans. Features: COMMERCIAL LOAN…
BankStride has saved us a tremendous amount of time and has been a key driver of growth and productivity within our company. The platform makes it easy for borrowers to submit documents, so the number of loan exceptions across our portfolio has decreased substantially. As a result, we can quickly identify pockets of risk within our loan portfolio and take appropriate steps to address areas of concern. It also makes regulatory audits and reporting much easier
nCino does not offer the automation features that BankStride does, which is why we went with BankStride. nCino is much more expensive (and requires Salesforce) and seems to lag a bit. It's a heavy lift for banks to implement, whereas BankStride can be implemented immediately. I believe BankStride can integrate with nCino which could be helpful, but in my opinion, BankStride is a stand alone product.
