Loan Vision's Review of 2018
Loan Vision’s 2018 Review
This past year was another great one for us at Loan Vision as we saw an additional $5.5 billion dollars being accounted for within our loan-level G/L. Overall we saw a customer adds percentage of 27.5% and signed our 100th customer, not a a bad 12 month at all.
When asked about the customers’ decisions to switch from their old softwares, President of Loan Vision, Martin Kerr, attributed it to the need for fast, automated information. “Streamlining processes, not only to reduce the cost of finance as a department but to also speed up the availability of information, is what every mortgage banker wants,” explained Kerr. “This is at the core of what we are looking to do for our customers, and what we’ve proven, time and again, we can do.”
In addition to the jump in customers, we here at Loan Vision hit several other major milestones throughout the year. Housingwire named us one of 2018’s Tech100, which recognizes leading technology & software companies for their contribution to the mortgage and housing industries. Attending multiple conferences, we again supported the efforts of the Mortgage Bankers Association and the Mortgage Collaborative for another year. Martin was even invited to speak on a panel of industry executives at the MBA Financial and Accounting Management Conference. When talking about the “Getting the Most Out of Technology Spending” panel, he said “This opportunity validates how Loan Vision has become a key technology provider for the mortgage industry and how we, as a team, provide more than just a system to our customers. This proves that we aren’t just a software, but a valuable resource, as well.”
Another area where our team excelled in 2018 was education after implementation. We hosted 3 successful in-house trainings, where 32 users from 22 companies are able to call themselves Loan Vision Super Users. The Tips and Tricks webinar series also continued with 12 successful webinars, showing users little things that can improve the efficiency of Loan Vision. “Giving customers access to education post implementation, is something we put much effort into,” said Carl Wooloff, Director of Sales and Marketing. “We want our customers to know they are part of our network and that we are here to help them to get the most out of the system.”
The second annual Loan Vision User Conference was also a success, doubling in size from the previous year. Held in Nashville, the conference spanned three days, including sessions from Jim Deitch (TVMA) and Andy Schell (MBS) for the executive track, as well as Beth Johnson and Ben Saunders for the users. We offered CPE credits and Loan Vision Labs, for those who wanted a one-on-one look into the system with a consultant.
The successes from 2018 aren’t the ceiling for us, but a just rung on the ladder we are climbing. This momentum, something that we have felt for 6 years, continues to pick up and is carrying Loan Vision into 2019. If you aren’t sure what all the buzz is about and want to learn more about what problems Loan Vision can solve for your mortgage accounting department, give Carl Wooloff a call at (724) 216-5266 today.
About the Author
Carl Wooloff is the Director of Sales and Marketing at Loan Vision, the mortgage industry’s fastest growing provider of accounting and financial management solutions. You can reach Carl at firstname.lastname@example.org.
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