Orion First unveiled Delinquency Manager, its latest business analytics product. Delinquency Manager is a customizable dashboard that clarifies trends and factors affecting delinquencies in equipment loan and lease portfolios. It will allow Orion First’s clients to view and filter data by state, originator, industry and other criteria to better understand what’s happening within their portfolios.
“It’s become a requirement for small business lenders to embrace analytics in order to remain competitive,” David Trost, vice president of product and analytics at Orion First, said. “Our technology lets us combine data that our clients are already collecting with Orion First’s proprietary data to develop these amazing new tools for visualizing and reporting, not just on portfolio performance, but also insights into market trends and potential pitfalls.”
Orion First designed Delinquency Manager with an aim of helping executives simplify their data compilation, trend analysis and pricing. It also was designed to help portfolio managers identify problem areas and communicate performance to a range of stakeholders.
The product is the latest in a string of recent releases from Orion First, including its customer portal and client portal. Orion First is also folding these technologies into a new program, Insights, which will offer both à la carte and client-only business analytics tools.
Delinquency Manager Features
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!