Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The Execamort Loan Amortizer Plus is designed for user-friendliness, enabling you to quickly generate precise and visually appealing loan amortization reports. It calculates the annual percentage rate (APR) with remarkable accuracy, down to the fourth decimal point, for both fixed-rate and adjustable-rate loans, taking into account points, fees, prepaid interest, additional payments, and balloon payments. The software offers the flexibility to customize default settings according to your organization’s specific practices, enhancing its versatility. You can also make additional payments that can apply solely to the principal, combine principal and interest, or consist of extra payments that do not impact either the principal or interest balances, such as PMI or escrow fees. Furthermore, it features an automatic function to determine interest rates on graduated payment loans over a specified fixed period, making it a comprehensive tool for financial management. With its array of features, Execamort ensures that all your loan amortization needs are met efficiently and accurately.
Description
Precision in the processes of accrual, accretion, and amortization must align with the existing Generally Accepted Accounting Principles (GAAP) regarding concessions related to debt, fees, premiums, discounts, and accrued interest, which are computed using a variety of day count methodologies, alongside adherence to the International Financial Reporting Standards (IFRS). Furthermore, meticulous management, monitoring, and forecasting of the financial aspects tied to fixed-income securities, including but not limited to principal and interest disbursements, coupon rates, interest rate resets, call dates, and factors pertaining to Mortgage-Backed Securities (MBS) and Collateralized Mortgage Obligations (CMO), as well as Conditional Prepayment Rates (CPR) and Prepayment Speed Assumptions (PSA), and maturities, are essential. Interest rates can be derived from mathematical formulas that incorporate embedded indexes, along with caps and floors where applicable. Additionally, implementing automated back-office operations such as seamless data entry, maintenance of business calendars, calculations for principal and interest payments, and thorough reconciliation processes enhances overall efficiency and accuracy. The integration of these automated systems not only streamlines operations but also significantly reduces the potential for human error in financial reporting.
API Access
Has API
No
API Access
Has API
No
Integrations
8am CPACharge
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Electrosonics
Website
www.electrosonics.net
Vendor Details
Company Name
TPG Software
Founded
1991
Country
United States
Website
www.tpgsoftware.com
Product Features
Loan Servicing
Accounting Management
No
Amortization Schedule
Yes
Application Management
No
Auto Loans
Yes
Automatic Funds Distribution
No
Business Loans
Yes
Collateral Tracking
No
Collections Management
No
Compliance Management
No
Construction Loans
Yes
Customer Database
No
Fee Management
No
Investor Management
No
Loan Processing
No
Student Loans
Yes
Mortgage and Loans
Amortization Schedule
Yes
Client Database
No
Closing Documents
No
Commercial Mortgages
No
Contact Management
No
Credit Reporting
No
Customer Statements
No
Document Management
No
Electronic Applications
No
Government Loans
No
Loan Origination
No
Loan Servicing
No
Pipeline Management
No
Pre-Qualification
No
Refinance Management
No
Residential Mortgages
No
Product Features
Financial Risk Management
Compliance Management
Yes
Credit Risk Management
Yes
For Hedge Funds
Yes
Liquidity Analysis
No
Loan Portfolio Management
No
Market Risk Management
No
Operational Risk Management
Yes
Portfolio Management
Yes
Portfolio Modeling
Yes
Risk Analytics Benchmarks
No
Stress Tests
Yes
Value At Risk Calculation
No
Hedge Fund
Compliance Management
Yes
Contact Management
No
Investor Accounting
No
Investor Reporting
No
P&L Calculation
Yes
Partnership Accounting
No
Performance Analysis
No
Portfolio Analysis
Yes
Portfolio Management
Yes
Investment Management
Accounting Management
Yes
Benchmarking
No
Bonds / Stocks
Yes
Client Management
Yes
Commodities
No
Compliance Reporting
Yes
Data Import / Export
Yes
For Investment Advisors
Yes
For Investors & Traders
Yes
Fund Management
No
Modeling & Simulation
Yes
Payroll & Commissions
No
Performance Metrics
No
Portfolio Management
No
Risk Management
Yes