Abrigo ALLL

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 criticism
• Institutionalize the ALLL so it's not dependent on a single person or spreadsheet
• Integrate with a full suite of solutions to manage the life of the loan
• Leverage an award-winning support & implementation team