Advanced Reporting Capabilities for Effective Business Performance Monitoring
- Compassway lending solution comes with advanced reporting capabilities which make it possible for you to keep track of your business performance at all times.
- The system updates and processes the lending data whenever a new action is taken on any application.
- The data is presented in user-friendly customizable dashboards of the specialized Reports Workplace.
Generate Unique Reports to Follow Your Business Performance
- Compassway Dashboard section allows to create variety of reports to manage your loan portfolio and make informed decisions about loan origination, servicing, and risk management in customizable formats.
- Compassway Dashboard section can help you improve data quality, ensure data governance, and gain insights from data. It is easy scalabile and integrated with other companie's software.
Generate Unique Reports to Follow Your Business Performance


- Compassway Dashboard section allows to create variety of reports to manage your loan portfolio and make informed decisions about loan origination, servicing, and risk management in customizable formats.
- Compassway Dashboard section can help you improve data quality, ensure data governance, and gain insights from data. It is easy scalabile and integrated with other companie's software.
Basic Reporting Capabilities


- Application Report: This report provides details on loan applications received by the lender, including the loan amount, interest rate, and borrower information. This report helps lenders to evaluate the creditworthiness of borrowers and determine whether to approve or reject loan applications.
- Loan Servicing Report: This report provides information on the status of outstanding loans, including the loan balance, payment history, and delinquency rates. This report helps lenders to monitor loan performance and take appropriate action when necessary.
- Delinquency Report: This report shows the number of loans that are past due and the duration of the delinquency. This report helps lenders to identify potential credit risks and take appropriate action to mitigate them.
- Portfolio Performance Report: This report provides an overview of the loan portfolio performance, including the loan distribution by product type, the average interest rate, and the overall delinquency and default rates. This report helps lenders to evaluate the performance of their loan portfolio and identify areas for improvement.
WHAT
CUSTOMERS SAY
We used to have an older system that required more than a day to update or deploy a new risk model. In addition, credit decisions were slow. We estimated we were losing 15% of customers due to abandoned applications. For millennials, who are now a majority of our clients, responsiveness and convenience are key for lending services.
We implemented an end-to-end digital lending platform offered by CompassWay and it allowed to significantly improve customer retention. Up-to-date risk models also mean lower defaults rate and improved profitability. The system is easy to work with in case we need to add new clients or product types. We also received excellent customer support from CompassWay team. Overall very satisfied with the upgrade decision.
Denis BobrovCFO of CreditUP
Our key clients are SME firms that sell their products using social media platform such as Instagram and Facebook. They have magnitude of various products and various preferences in the lending options they would like to provide to their customers. Thus, we needed a powerful, yet flexible and simple system, which would allow quick onboarding of new clients and their products.
CompassWay offered a solution that not only satisfied these criteria but also was intuitive and easy for the customers of our clients. That allowed to create a seamless shopping experience, as well as improve customers’ satisfaction and rate of completed sales.
For our team, working with CompassWay was very easy. Since the system was highly customizable out of the box, we were up and running in just several weeks. We also benefitted from their business expertise and improved a weak link in our processes we did not know was a problem. Highly recommended company to work with.
Irina SenenkoHead of Customer Service at PIE CREDIT
Nowadays, the competition in online trading is stronger than ever. In order to outperform the rest and come out ahead, we needed to provide our customers with services that would keep them on the site.
Many buyers came to our online store, but there was much less talk about sales.
We reached out to the Compassway team for help because Compassway is in the business of developing and implementing advanced digital solutions, and they advised us to first consider implementing a product on credit or in installments. Indeed, most often the reason that buyers leave the site without making a purchase is banal: they do not have enough money.
We listened to advice, and now every customer who enters our website and selects a product immediately sees the "buy on credit" button with a convenient loan calculator and BNPL option in the checkout. He understands that he can afford to buy now, and pay later and in installments.
As a result, it was possible to increase profits and total sales by 30%, as the client now purchases a product of a higher price category, or increases the number of purchases.
Natalia BurkoHead of Business Development at Taksaexpress
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