User:Murthyaug17

From Wikipedia, the free encyclopedia

LAPS- Lending Automation Processing System

LAPSĀ® is the most powerful, complete and comprehensive Lending Solution in the market. It provides easy to use lending tools to originate loans, underwrite and evaluate loan packages based on customizable lending policies. LAPSĀ® reduces lending risk, Optimizes your loan processing time, Reduces loan processing cost, provides better management control and increases customer satisfaction. LAPS has separate modules for Commercial, Consumer, Construction and Real Estate Loans which work together as one integrated solution.

LAPS have few major functionality- they are

Loan Origination Risk management Decision management Management Reporting Follow Up Renewal management Loan Participation


LAPS is a Copy write product of Salem Associates Inc & SysArc Infomatix Pvt Ltd

Salem Associates Inc. is a leading IT consulting firm in Atlanta, GA, US, which has amassed a number of fortune 500 clients. We help our clients to analyze, design, develop, test and install applications under a wide variety of leading technologies. We work with our clients to translate business processes and ideas into tangible technology solutions. Our consulting professionals are authentic technology specialists who have expertise in the architecture of leading development tools.

SysArc Infomatix Pvt Ltd located in Chennai, India, is a Development Center and SBU of Salem Associates Inc.

For more information about LAPS, visit www.lendperfect.com and www.salemassociates.com