Words From The Efficiency Experts

REGISTER NOW: Does Your Loan Review Process Drain Your Resources?

Posted by Teslar Software on Tue, Jun 30, 2020

Don't miss Teslar Software's next webinar about how YOU can streamline your loan review process by automating the identifying, grouping, and assigning of loans! Join us for this short 30-minute webinar to learn how you can simplify your loan review workflow and give your team more time to focus on the narratives themselves instead of gathering data and pushing paper.

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UPCOMING WEBINAR: Do You Have Visibility Into Your Form Requests and Workflows?

Posted by Teslar Software on Thu, Jun 25, 2020

Teslar Software has a webinar coming up that you will not want to miss! Sign up today to learn how you can create visibility within your form requests and workflows, all while spending more time focusing on your customers' needs!

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Lessons Learned From a Pandemic

Posted by Bethany Wood on Tue, Jun 23, 2020

The COVID-19 pandemic has radically changed nearly every facet of American day-to-day life to where most citizens do not see our daily routines ever returning to what we once considered “normal.” When we say every facet, we mean every facet. Mental, physical, familial, financial, personal, and professional. A lot of the effects we’ve felt from the pandemic have been less than savory, but this pandemic is also changing some things for the better. Below are just a few life lessons many Americans have learned from this pandemic (so far) regarding banking and finances.

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The Push Against Cashless Stores

Posted by Bethany Wood on Thu, Jun 18, 2020

Prior the coronavirus outbreak, there was a growing rate of stores and businesses no longer accepting cash. While this may seem like a natural progression as technology and digital banking grow, this cashless model was actually met with a lot of backlash. Just six months ago in January 2020 (which may feel like years to many of us), New York passed a bill banning businesses from rejecting cash payments nearly unanimously.

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REGISTER TODAY: Are You Still Using Excel to Manage Deposit Exceptions?

Posted by Teslar Software on Wed, Jun 17, 2020

Join us for a quick 30-minute webinar to learn how to increase visibility into deposit exceptions on a regional, branch, and individual level and to empower your FSR's or CSR's. 

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Why Aren't We Seeing More Bankruptcies?

Posted by Bethany Wood on Wed, Jun 10, 2020

Big bankruptcies have been trickling in this year as the US continues to navigate through the coronavirus pandemic. Many of these companies filing for bankruptcy have been, unsurprisingly, airline and travel companies, and now we are seeing more and more big names like J. Crew and J.C. Penney added the list. “In May alone, some 27 companies reporting at least $50 million in liabilities sought court protection from creditors -- the highest number since the Great Recession,” reports Bloomberg.

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UPCOMING WEBINAR: How Are You Managing Your Deposit Portfolio?

Posted by Teslar Software on Tue, Jun 9, 2020

Teslar Software has an upcoming webinar you do not want to miss! Join our quick 30-minute webinar to learn how your deposit portfolio management and maintenance request processes can be streamlined to allow you to focus more on your customers, not paperwork!

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Collaboration to Help All Small Businesses with PPP Forgiveness

Posted by Teslar Software on Mon, Jun 1, 2020

Mark Cuban, Citizens Bank of Edmond and Teslar Software Team Up to

Help All Small Businesses with PPP Forgiveness

Group collaborates to launch free website that simplifies and streamlines PPP forgiveness for small businesses, regardless of lender

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Teslar PPP Forgiveness Solution

Posted by Teslar Software on Thu, May 28, 2020

Community Banks Manage PPP Loan Forgiveness with Teslar Software

Embedded solution available to streamline and automate loan forgiveness;

helps small businesses calculate their options today  

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The Problem with Big Banks’ Recent Deposit Growth

Posted by Bethany Wood on Wed, May 27, 2020

The largest banks in the United States have recently reported exceptional growth in the past months. The ten largest U.S. banks grew in asset size by more than $1.2 trillion in Q1 of 2020. 20 percent of this growth alone ($273 billion in new deposits) came from JPMorgan, placing it as the first bank in the U.S. with $3 trillion in assets.1 

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