Challenge
A time-critical platform exit with little industry precedent for the pace required.
When a Midwest commercial bank’s ABL software provider announced it was sunsetting its lending software, the lender faced a hard deadline: transition nearly 100 active borrowers to a new platform before its contract expired. For a portfolio of that size, implementations can often take a year or longer.. The bank needed a partner with the expertise and infrastructure to compress that timeline — without disrupting borrower relationships or day-to-day operations. ABLSoft rose to the challenge.
Solution
ABLSoft completed the platform transition in a fraction of the typical industry timeline and equipped the bank with automation tools to operate more efficiently from day one.
| Accelerated Transition | ABLSoft onboarded 100% of the bank’s borrowers in just 3 months and completed full staff end-to-end training in just 6 weeks, reflecting the platform’s intuitiveness and the team’s rapid adoption. ABLSoft’s disciplined deployment eliminated disruption to the lender’s operations and borrower relationships. |
| Automated Ineligibles Calculations | ABLSoft’s automated ineligibles engine eliminated the double-calculation burden that required both borrowers and lenders to independently compute and cross-check figures. The bank’s team now verifies results rather than producing them, freeing staff capacity and reducing calculation errors across the portfolio. |
| Streamlined Borrower Document Submission | ABLSoft’s borrower portal replaced a cumbersome manual process with a faster, more intuitive workflow for submitting financial documents and collateral data. The result: less friction on both sides — borrowers submit more easily, and the bank’s team receives cleaner, more complete submissions. |
| Faster Review and Approval | ABLSoft’s AR and AP document parsing capabilities accelerated the bank’s borrowing base certificate review and approval cycle. Having completed all of the bank’s parsing needs, the client can now move through automated submissions quickly and efficiently. The bank continues to work with ABLSoft to extend parsing coverage and reduce manual touchpoints further. |
| Partner Stability and Longevity | Unlike providers that enter and exit without warning, ABLSoft has been a trusted ABL partner for 25 years. As a veteran industry leader with deep specialization, ABLSoft offers clients confidence that comes from proven longevity. Lenders invest knowing that ABLSoft has the experience, financial stability, and institutional commitment to support them — not just today, but well into the future. |
For this Midwest commercial bank, ABLSoft delivered more than a technology transition — it delivered the experience, speed, and stability to navigate a high-stakes deadline without disruption. ABLSoft completed in 3 months what the industry considers a year-long project, keeping nearly 100 borrowers fully supported throughout. The bank now operates on a modern, automated ABL system backed by a long tenured industry leader they can trust long into the future.
