What is Sageworks Lending and what does Sageworks Lending do?

Sageworks Lending, by Abrigo, streamlines loan origination for mid-sized banks. It automates lending tasks, improving efficiency and reducing risk. It offers customizable workflows, reporting tools, and financial analysis features. While generally user-friendly, some users find it complex and expensive.

How does Sageworks Lending integrate with other tools?

Sageworks Lending integrates with various systems, though specific integrations aren't explicitly listed. It's designed to streamline lending workflows and improve data analysis within financial institutions, suggesting potential integrations with core banking systems and reporting tools.

What the main competitors of Sageworks Lending?

Alternatives to Sageworks Lending include CloudBankin, DecisionPro, TurnKey Lender, and Finflux. These competitors offer similar loan origination and management features, often with additional functionalities like AI-powered decision-making and digital banking integrations.

Is Sageworks Lending legit?

Yes, Sageworks Lending, now part of Abrigo, is a legitimate loan origination software. It's known for its user-friendly interface and streamlined lending process, though some users find it expensive. It's generally well-regarded for its features and customer support.

How much does Sageworks Lending cost?

I cannot find pricing details for Sageworks Lending. Contact a sales representative to discuss pricing and determine if Sageworks Lending is the right solution for your business needs.

Is Sageworks Lending customer service good?

Sageworks Lending customers generally praise the excellent customer service and responsiveness of the support team. While some experiences with support have been slower or less knowledgeable, the overall sentiment reflects positive interactions and helpful solutions.

Sageworks Lending

Website LinkedIn Twitter

Company health

Employee growth

4% increase in the last year

Web traffic

19% decrease in the last quarter

Ratings

4.6/5

(57)

Sageworks Lending description

Sageworks Lending, now part of Abrigo, is a loan origination software that helps mid-sized and growing banks in the USA streamline their lending process. The software automates tasks, allowing loan officers to process applications faster, while ensuring compliance and reducing risk. Its data analytics tools provide insights to make informed decisions, improve efficiency, and support growth. Abrigo also offers consulting services with former banking professionals to provide additional support and expertise.

Who is Sageworks Lending best for

Sageworks Lending, now Abrigo, streamlines loan origination for mid-sized US banks. Users praise its intuitive interface and comprehensive reporting, but some find it expensive and complex. It automates workflows, analyzes financial history, and offers risk assessment tools to expedite lending while ensuring compliance.

Best fit for mid-sized banks.
Ideal for financial institutions in the USA.

Sageworks Lending features

Type in the name of the feature or in your own words tell us what you need

Supported

Sageworks Lending offers customizable workflows to streamline loan applications.

Supported

Sageworks Lending supports generating reports on loan performance, payments, and other metrics.

Supported

Sageworks Credit Analysis analyzes financial history to assess creditworthiness.

Supported

Loan application status tracking is supported through workflow management and automation features.

Supported

Sageworks offers a risk rating system to assess creditworthiness, not a distinct score.

Sageworks Lending reviews

We've summarised 49 Sageworks Lending reviews (Sageworks Lending G2 reviews) and summarised the main points below.

Pros of Sageworks Lending

User-friendly and intuitive interface.
Streamlined lending process with workflow capabilities.
Excellent customer support and responsiveness.
Comprehensive reporting features for data analysis.
Continuously updated with new features and enhancements.

Cons of Sageworks Lending

Difficult to learn, many features can be overwhelming.
Limited customization and functionality.
Industry data could be more robust.
Advanced reporting has limitations.
Sluggish performance at times.
Support can be slow and not always knowledgeable.
Relationship management module is difficult to maintain.
Consumer loan system not fully functional.
Expensive, especially for smaller institutions.

Sageworks Lending alternatives

CloudBankin

Better fit for small and enterprise companies. Has grown much faster recently. Higher rated by users, who praise ease of use and integrations. However, users dislike the price and some report slow performance with limited customization. A strong Sageworks Lending competitor for institutions wanting to digitize lending.
Read more
DecisionPro

DecisionPro has significantly more website traffic momentum. It also offers more automated decision-making features for loan origination.
Read more
TurnKey Lender

Better fit for smaller or enterprise companies. More focused on finance, banking, and insurance, with AI-powered lending decisions. Has more momentum but shrinking employee base. Users praise the interface and automation but note occasional bugs and inconsistent support.
Read more
Finflux

Better fit for enterprise companies. Has a faster website traffic and employee growth. More user-friendly onboarding, but customer support response times can be slow. Finflux is a Sageworks Lending alternative and competitor.
Read more
Stampli

Better for accounts payable automation and integrates with ERPs. Suitable for mid-size and enterprise businesses. Has significantly more momentum. More positive pricing sentiment.
Read more
Taktile

Better for smaller orgs, and those needing strong customer support. Has more momentum based on employee growth. A Sageworks Lending competitor and alternative, it offers easier implementation and greater scalability.
Read more

Sageworks Lending FAQ

What is Sageworks Lending and what does Sageworks Lending do?

Sageworks Lending, by Abrigo, streamlines loan origination for mid-sized banks. It automates lending tasks, improving efficiency and reducing risk. It offers customizable workflows, reporting tools, and financial analysis features. While generally user-friendly, some users find it complex and expensive.
How does Sageworks Lending integrate with other tools?

Sageworks Lending integrates with various systems, though specific integrations aren't explicitly listed. It's designed to streamline lending workflows and improve data analysis within financial institutions, suggesting potential integrations with core banking systems and reporting tools.
What the main competitors of Sageworks Lending?

Alternatives to Sageworks Lending include CloudBankin, DecisionPro, TurnKey Lender, and Finflux. These competitors offer similar loan origination and management features, often with additional functionalities like AI-powered decision-making and digital banking integrations.
Is Sageworks Lending legit?

Yes, Sageworks Lending, now part of Abrigo, is a legitimate loan origination software. It's known for its user-friendly interface and streamlined lending process, though some users find it expensive. It's generally well-regarded for its features and customer support.
How much does Sageworks Lending cost?

I cannot find pricing details for Sageworks Lending. Contact a sales representative to discuss pricing and determine if Sageworks Lending is the right solution for your business needs.
Is Sageworks Lending customer service good?

Sageworks Lending customers generally praise the excellent customer service and responsiveness of the support team. While some experiences with support have been slower or less knowledgeable, the overall sentiment reflects positive interactions and helpful solutions.

Reviewed by

MK

Michal Kaczor

CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT

Tymon Terlikiewicz

CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.