Cloudsquare, an end-to-end lending platform powered by Salesforce, released the latest upgrades to its loan management software, Cloudsquare Lend. The 3.12 release introduces a suite of new features and refinements designed to address lenders’ needs.

Key Highlights of Cloudsquare Lend 3.12:

• Expanded Federal Tax ID capabilities now include Social Security Numbers
• Streamline daily payment management around banking holidays with features that allow adjustments tailored to lender practices
• Automatically calculate lender profitability, factoring in referral source commissions for actionable insights.
• Automatic tracking of financial data changes, such as ACH updates and bank account modifications

“Our goal with every update is to listen to our customers and deliver practical solutions that make their operations more efficient,” Jeffrey Morgenstein, CEO of Cloudsquare, said.