Fusion CRS is a Windows MS-SQL based, CONSOLIDATED software solution for Special Assets and Watch List Accounts, designed to streamline your recovery operations, improve effeciency, and increase recoveries. Fusion CRS is designed to handle any type of Special Asset or Watch List Account in any state...including OREO's and Commercial Loans. Fusion CRS is a comprehensive solution with advanced tracking and reporting capabilities needed to manage foreclosures, bankruptcies, and charge-offs. The solution also includes standard Watch List and Board Reporting.
Fusion CRS also includes a FAS 114 componenet used to manage and track the information needed for regulatory reporting for impaired accounts. Using Fusion CRS for Special Assets and Watch List Accounts eliminates the use of multiple systems, disparate databases, and spreadsheets, along with the cumbersome task of exporting and importing incomplete history from one system or database to another.
Additional featurures include scanned in document attachments function (reduces papaer files!), complete financial management module for payment workout schedules, recovery payment processing, and expense tracking; a flexible user report building tool; and a powerful Workflow Engine for establishing your desired account management procedures.
Fusion CRS™ is a Windows™ (XP, Vista, and 7.0) and MS-SQL™ based solution that was designed under the latest “best practices” technology development methodologies.