PrecisionLender
PrecisionLender provides pricing and profitability software for commercial banks, offering a platform that includes sales and negotiation tools, data-driven decision-making capabilities, and an intelligent virtual analyst named Andi®.
Services
PrecisionLender provides pricing and profitability software tailored for commercial banks. Their platform includes features like sales and negotiation software for bankers, enabling Relationship Managers (RMs) to make data-driven decisions. With tools such as Andi®—an intelligent virtual analyst that offers hyper-focused recommendations—RMs can craft personalized scenarios for clients. The platform is designed for seamless integration with other banking systems via a modern, open, and secure API.
Products
PrecisionLender's platform comes packed with key features like Andi Skills Builder, Market Insights, and Trust & Security. The Andi Skills Manager allows banks to configure, measure, and adjust insights and coaching for RMs. Other product highlights include efficient management of pricing risks, relationship profitability analysis, a variety of deal structures, and an efficient funding process.
Client Base
PrecisionLender serves over 200 banks across the globe. Their clients benefit from outperformance in annual metrics when compared to their peers, as supported by FDIC numbers. The software gathers vital data without necessitating time-consuming and redundant data entry, making it an attractive option for financial institutions aiming to grow, compete, and innovate.
Global Presence
PrecisionLender operates from multiple global offices located in Austin, TX; Cary, NC; Charlotte, NC; Chicago, IL; Sydney, Australia; and London, UK. This geographic distribution also supports data sovereignty requirements through geographically distributed data centers. The company works closely with partners like Accenture and Microsoft Azure to enhance their services.
Educational Resources
PrecisionLender offers a variety of educational resources designed to help banks grow and innovate. These include webinars, podcasts, and other online resources. Their solution aims to drive end-user adoption using proven user experience strategies, and the company provides a comprehensive suite of security policies and procedures to ensure high data protection standards.