iLumen will allow companies to electronically upload their financial data and loan compliance documents directly from any accounting system to their banker. Customers will benefit from online access to performance dashboards on their companies as well as benchmarking comparisons. Bankers will benefit from efficiencies in data collection, access to industry trends and having a more direct connection to their customers.
Barry Brinson, president of Vision Software, said: We are dedicated to providing our customers with solutions that optimize business processes, reduces costs, improve financial analysis and lower risk. Our partnership with the iLumen Financial Information Network will allow us to further that commitment by connecting bankers with their customers in a secure, interactive, online portal. The ability to custom brand the iLumen Network will be a key competitive differentiator for our customers who want a true end-to-end credit monitoring solution.