Most popular features of all Finance & Accounting apps
11 reviewers had the following to say about Turnkey Lender's features:
Very fast time to market and established a market leading business very quickly thanks to Turnkey Lender.
Pros
Turnkey Lender is extremely flexible and you can launch new credit products very quickly and easily. You have the ability to credit very detailed credit products that are you can really fine tune to target particular borrowers.
Cons
The reporting can get messy if you do any live testing and you can't remove the entries due to very strict audit controls.
Rating breakdown
Time used: 6-12 months
Frequency of use: Daily
Likelihood to recommend
Cost effective software, good support and ease of transaction for users.
Pros
The other pro is the the manner in which faults are tracked and solved.
Cons
The software does not have a lot of reporting functionality or at least does not come with it as a menu item but must be paid for additionally.
Rating breakdown
Time used: 6-12 months
Frequency of use: Monthly
Likelihood to recommend
It may take longer time for you but it will save you a lot trouble in the long run. 3) Ask lots of questions during the initial phase and requirement phase.
Pros
Customizing your notifications to your borrowers is very easy. 3) Easy File Export. File export can be easily exported by stating the correct status and the dates, available in excel and csv 4) Flexible customization for your credit products.
Cons
Hope to see charging in regional currencies instead of USD.
Rating breakdown
Time used: 6-12 months
Frequency of use: Daily
Likelihood to recommend
Easy to use UI.
Pros
Support team has been amazing and ease of system use
Cons
Best to get a proper training when you first use, as I started late in my company i missed the initial onboarding and functionality training
Rating breakdown
Time used: Less than 6 months
Frequency of use: Daily
Likelihood to recommend
Overall the functionality has been a big positive. The initial set up fees were a bit steep but the ongoing rate is comparable.
Pros
I also like that it has a customer portal where customers can see their balance, update payment methods, and upload documents to us, like proof of insurance.
Cons
Some of the set up was awkward. In one area it would have you use one code and then on the help page it would be a different code for the same item. The help team set up some of my codes because I didn't know which one I was supposed to be using.
Rating breakdown
Time used: Less than 6 months
Frequency of use: Weekly
Likelihood to recommend
practicality, effectiveness and performance to administer loans in a faster and more versatile fashion
Pros
It is a very versatile tool, easy and practical to use, our clients have inclined to make it a fundamental part in their administrative environment in view of the fact that the flow processes of origin, loan and payment can be monitored in a well-disaggregated manner.
Cons
It only needs an improvement to be able to carry out credit lines online, which would make the client-supplier personal time and interaction more manageable.
Rating breakdown
Time used: 1-2 years
Frequency of use: Daily
Likelihood to recommend
Thanks Turnkey Lender for helping to improve the automation of my workflows. For me, as the owner of a start-up lending company, it was a little unusual to use this type of product for my business.
Turnkey is a great software for our business, we use it everyday to manage all loans easily in one spot.
Pros
This software is really user friendly, and great to use.
Cons
Sometimes there are bugs in the software but the team at turnkey is always alert and stay on top of things.
Rating breakdown
Time used: 1-2 years
Frequency of use: Daily
Likelihood to recommend
I respect some of the workers there, but I will never ever again have something to with them again. The management completely ignores you when you complain, they point the fingers on you and they say it´s your fault, no matter how often you document that, it´s not our fault.
This site won 20 awards worldwide, this is A easy solution for borrowing a loan online...you should try it then thank me later!
Pros
Research have shown that this app is trusted in hundreds of businesses in 50+ countries It is very easy to borrow A loan and very simple too or even banking on a whole Turnkey Lender is your best choice.
Cons
I find nothing wrong with this site and I love it
Rating breakdown
Time used: Less than 6 months
Frequency of use: Occasionally
Likelihood to recommend
My experience was dealing with the development team to make sure the software was being customized how we needed it to. The team was always very responsive and quick to deliver answers and solutions.
Pros
The software is very easy to use and our processes are now much quicker thanks to the automation that the software allows.
Cons
Because our processes are so much more automated now with the software, we cannot do as many individual changes as we used to before. This just meant that we had to slightly adjust our processes to be in line with the new software capabilities.
Rating breakdown
Time used: 6-12 months
Frequency of use: Daily
Likelihood to recommend
