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Lendisoft
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Data Mining Based on Cumulative Net Loss (CNL)—the Lending Executive’s Dream Tool
Ask 10 different managers for their “go to” variable when assessing borrower risk, and you’re likely to get 10 different answers. Having...

Rick Haskell
May 16, 20232 min read


The Collections Manager’s Duty, & Opportunity
Perhaps you started your career as a front-line collector—most likely working early-stage delinquent accounts, and driven with a natural...

Rick Haskell
Apr 27, 20233 min read


Middle Management Disrupters!
For those of you sitting in a manager’s or director’s role, this article is for you. First of all, congratulations for the work that you...

Rick Haskell
Apr 17, 20233 min read


When the Going Gets Tough, the Tough Get Going!
Unless you’ve been living under a rock, you’re undoubtedly aware of where we are in “the cycle”. Loan origination is slowing down,...

Rick Haskell
Apr 13, 20232 min read


Not Your Typical Reporting Package
When it comes to most lending software, out-of-the-box dashboards and reports are mostly useless, at least that’s been my experience....

Rick Haskell
Apr 8, 20232 min read


Skills Based Assignments in Collections
Collections Brief #1 What is Skill-based Assignment and How can you make it work? Background The performance of your collections...
Lendisoft
Apr 3, 20234 min read


Lendisoft LMS Feature: A/B Testing
In some circles, this is called champion/challenger, in others it’s known as A/B testing—whatever you call it, if you aren’t doing it,...

Rick Haskell
Mar 29, 20232 min read


The buy vs build dilemma
When it comes to software, all lenders are faced with the “buy vs. build” dilemma at some point. In truth, buy vs. build only exists...

Rick Haskell
Mar 20, 20231 min read


Lendisoft LMS Feature: Potential DQ
This method has been around for a while, but surprisingly it isn’t supported in most modern LMS systems—mainly because most modern LMS...

Rick Haskell
Mar 8, 20232 min read


Lendisoft LMS Feature: LTV Timeline
LTV stands for Loan-To-Value, perhaps one of the most important measures of risk in asset-based lending products like auto and mortgage....

Rick Haskell
Mar 1, 20232 min read


Lendisoft LMS Feature: Smart Queues
Thought I’d share some thoughts about collection queues. I know, a pretty boring topic for a LinkedIn article! But it’s NOT, I promise...

Rick Haskell
Feb 22, 20232 min read


Risk Management Matters
I came across these results recently and thought I’d share. Back in early 2018 I introduced several risk management tools and strategies...

Rick Haskell
Feb 13, 20232 min read


Lendisoft LMS Feature: Risk Grades
Predictive models deliver precise estimates of, well, pretty much whatever you want to predict. In active collections, we like to predict...

Rick Haskell
Feb 8, 20231 min read


Lendisoft LMS Feature: Odds of Roll
Those familiar with call-center collections are probably accustomed with the concept of Delinquency Buckets. When an account ends the...

Rick Haskell
Jan 31, 20232 min read


Lendisoft LMS Feature: Activity Notes
Activity is what it’s all about of course—generating activity… capturing activity… and presenting activity in a meaningful way to your...

Rick Haskell
Jan 25, 20231 min read


Lendisoft LMS Feature: Widgets
Widgets are how you access our comprehensive texting and calling services through our 3rd party integration partners. Take our SMS widget...

Rick Haskell
Jan 18, 20231 min read


Lendisoft LMS Feature: Form Builder
Have you ever heard the term, WYSIWYG? It stands for what you see is what you get, and with Lendisoft’s Form Builder, the forms you...

Rick Haskell
Jan 16, 20231 min read


Loan management software doesn’t have to be complicated
Have you ever wished you had more control of settings and customization in your current software? At Lendisoft, we understand that...

Rick Haskell
Jan 11, 20232 min read


Optimize Collections with Skill-Based Assignment
With most LMS software, accounts are evenly distributed across your team of available agents. We’ve even seen software that provides a...

Rick Haskell
Jan 10, 20231 min read


Streamlining Compliance: The Lendisoft Approach
Compliance is a really big deal these days. And despite a lender’s genuine desire to comply, it’s often difficult getting every agent to...

Rick Haskell
Jan 3, 20231 min read
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