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Baker Hill NextGen vs. BankStride

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Baker Hill NextGen

    N/AN/ABaker Hill delivers solutions in lending, risk management and analytics for financial institutions. The Baker Hill NextGen platform allows institutions to originate commercial, small business and consumer loans and manage risk on a single platform. Their technology helps institutions address regulatory and competitive pressures while delivering a digital customer experience.N/A

    BankStride

    Score9.1 out of 10
    N/ABankStride 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…N/A
    Pricing
    Baker Hill NextGenBankStride
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Baker Hill NextGenBankStride
    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
    Baker Hill NextGenBankStride
    Likelihood to Recommend
    -
    (0 ratings)
    9.1
    (1 ratings)
    User Testimonials
    Baker Hill NextGenBankStride
    Likelihood to Recommend
    Baker Hill
    No answers on this topic
    BankStride
    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
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    Pros
    Baker Hill
    No answers on this topic
    BankStride
    • automates document collection
    • automates loan monitoring
    • automates risk reporting
    • loan portfolio management
    • construction loan monitoring
    • loan draw management
    • loan processing
    • secure document collection
    • loan exceptions management
    • vendor management
    • OCC compliance
    • Regulatory reporting
    • regulatory compliance
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    Cons
    Baker Hill
    No answers on this topic
    BankStride
    • Wish it was free
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    Alternatives Considered
    Baker Hill
    No answers on this topic
    BankStride
    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.
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    Return on Investment
    Baker Hill
    No answers on this topic
    BankStride
    • $17,400 saved per user per year on average
    • Approximately 290 hours saved per user per year
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    ScreenShots