Enhance Compliance in Municipal Loan Management System with Bryt
Leverage automation, transparent reporting and cloud efficacy with Bryt’s industry-specific expertise
Leverage automation, transparent reporting and cloud efficacy with Bryt’s industry-specific expertise
Understand market trends and data and manage debt efficiently with Bryt’s comprehensive loan management suite
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Whether regular scheduled payments or unscheduled contributions, Bryt’s Loan Wizard employs a sophisticated set of rules to allocate payments to various categories like principal, interest, and late fees. This ensures accuracy and consistency in your payment allocations.
Clear communication is vital for maintaining public trust. Bryt’s automated client notices ensure that borrowers are informed promptly about their loan status. With customizable templates and automated emails, personalized communication is a breeze with Bryt.
Bryt understands that transparency is paramount for government institutions. Bryt’s standard and custom reporting mechanisms provide clear insights into loan performance, helping you keep stakeholders informed and engaged.
Accrual methods matter. Bryt Software empowers you to choose the accrual method that suits your borrower's needs, with variations and combinations available to calculate interest over the loan term accurately.
Non-sufficient funds scenarios are well-handled in the Bryt system. Whether it's marking an NSF notice or dealing with a chargeback, our software ensures that these situations are managed effectively.
Choose the right amortization method for your loans. Whether it's full amortization or partial, fixed payments or flexible terms, our software helps you tailor loan structures to match your requirements and your borrower’s financial needs.
Opt for reliable and consistent loan management with a Business Continuity Plan
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Bryt prioritizes your data's integrity through advanced features like Azure Point-In-Time Restore, enabling us to revert a database to a previous state within 35 days. Redundancy is ingrained in our approach as all databases reside in Azure's US data center, reinforcing data security and availability.
Should an administrator inadvertently affect customer data, Azure's point-in-time restore capabilities become our safeguard. Bryt restores data to a known, error-free state, ensuring minimal disruptions.
Bryt upholds data recovery by regularly restoring cloud-hosted databases to local machines. Rigorous testing using a local copy of the Bryt Application assures data integrity.
Bryt Software's application resides within the Azure DevOps system. Our incremental code changes and development branches are meticulously stored. Updates undergo rigorous testing on staging servers before deployment to the production server, ensuring uninterrupted application functionality.
Simplify debt tracking and transparency in the entire loan lifecycle with Bryt
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Closing dates and payment frequencies don't always align perfectly. Bryt Software calculates and manages prorated payments with ease, ensuring accuracy and minimizing confusion.
Bryt’s payoff calculator simplifies the process of determining borrower obligations for a selected payoff date. Itemized breakdowns help both lenders and borrowers understand the financial landscape better.
Managing overpaid amounts or holding funds for future payments is super easy with our “Hold Account” functionality. It's like an interest reserve tailored to your needs.
Navigating complex tasks has never been easier. Bryt Software's Process Wizards simplify intricate functions by providing step-by-step guidance. Whether it's creating a loan or recording payments, these user-friendly interfaces ensure accuracy and efficiency.
Bryt’s GUIDE ME Tours is a unique feature designed to assist users in implementing new features seamlessly. Whether you're a novice or a seasoned user, the interactive walk-throughs offer hands-on guidance, enabling you to harness the full potential of Bryt Software's capabilities.
Managing funding is no longer a challenge with Draws, our integrated funding control feature. Unlike conventional systems, Bryt Software's innovative approach ensures interest is calculated only on the disbursed amount. This powerful tool lets you segment and track funding for borrower projects, mitigate risks, and ensure projects are completed within timelines.
“My experience has been great! There was no pressure from a sales team, the development folks were willing to tweak and customize the software for our needs and everything is running smooth! Most importantly, I feel like my questions and concerns were heard timely and solutions rendered in real time....I feel like the team at Bryt is an extension of my team.”
Nathan T.
“We have used BRYT for almost 2 years now. BRYT has been extremely valuable for our company. It has been an essential piece that has helped us be more efficient and scale our operation, while also delivering great value to our customers. They are helpful, easy to work with, and very responsive. BRYT continues to make great changes and we know there are even greater things ahead - we highly recommend the BRYT platform and the team behind it!”
Mike Z.
“I've been using this software for about 2 years and all of its features have allowed me to cut Loan Servicing and Document Processing portion of my job time in half. Actually more then half.”
Marsha P.
Seamless Implementation and Azure's Resilience Boosting ROI 5X
Schedule a Demo The Borrower Portal is a feature that empowers borrowers to manage their loans efficiently. It allows them to make payments, view payment history, adjust settings, and even update personal information. This feature brings convenience and control to borrowers while simplifying interactions with lenders.
Bryt Software’s funding control, known as Draws, provides a mechanism to manage cash flows and disbursements. It ensures that interest is charged only on the disbursed amount, offering precise financial management. It’s a powerful tool for those looking to track and segment project funding, mitigate risks, and meet completion deadlines.
Process Wizards are user interfaces that guide users through complex tasks step by step. They present a sequence of dialog boxes or questions that lead users through well-defined steps. From creating a loan to recording payments, Process Wizards enhance accuracy and efficiency, making intricate tasks more manageable.
Point-In-Time Restore allows databases to be restored to a previous state within a specific time frame. This feature is crucial for recovering from data-related issues caused by various factors. It ensures that data integrity is maintained by enabling a rollback to a known good state.
Bryt Software’s application is regularly updated, with changes to code and development branches stored incrementally. Updates are carefully tested on staging servers before being deployed to the production server. This approach ensures the application remains robust and reliable, enhancing the user experience.
The primary hosting operations region for Bryt Software’s products and services is the US West. Leveraging Azure’s Premium V2 App Service, we offer an industry-standard 99.95% Service Level Agreement (SLA) Uptime Guarantee, ensuring a reliable and consistent user experience.
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