The Cypress Professional Services (CPS) team assists financial institutions with strategic planning and the implementation of business, technology and organizational changes required to enhance overall credit origination operations.

Our service solutions are tailored to meet your needs. Not only will Cypress help you get more out of our own solutions, we will identify ways to cut costs and identify opportunities to improve your entire loan origination process.  As a result, you’ll see a measurable increase in the efficiency and effectiveness of your lending operations – and your ROI.

STRATEGIC CONFIGURATION ASSESSMENT (SCA)

Do I have the correct workflow processes in place to achieve desired loan decision turn around times?

Do I need to interface with my other systems?  What are the benefits of doing so?

Am I missing or not using any key components of my Cypress products?

Am I effectively managing regulatory compliance during the origination process? 

If you are not using the full potential of your Cypress products, chances are you are leaving efficiencies and savings on the table. Our Professional Services team is ready to review how you have configured your Cypress products and, as necessary, recommend changes designed to maximize your technology investment.

Our primary objective is to help your institution take complete advantage of the workflow, decisioning, pricing automation and other related process improvements and benefits that accompany our software. 

The Strategic Configuration Assessment service uses a proven consultative framework that helps you configure Cypress solutions to accurately reflect your institution’s credit policy, lending workflow, products, notification processes, pricing strategy, decisioning strategy and other business needs.

As the end-to-end origination work flow process is examined, the scope of this service can also include streamlining HMDA and CRA reporting, ensuring and measuring compliance with Red Flag rules, HOEPA, FCRA, FACTA and other regulatory issues, as well as removing bottlenecks to quick decisions where CIF information or collateral valuation is required.

The assessment includes written recommendations for administrative settings in your Cypress products as well as recommendations on how to best utilize Cypress technology to meet your institution’s operational and sales goals.  The results will be provided in a senior management-oriented presentation deck that includes cost analysis and ROI projections.

For more information, please click here to download our information sheet.