AccuDraw Features & Benefits
AccuDraw is a construction lending - monitoring and disbursement software
system that provides a lender with the ability to process construction
disbursements (in-house) and link (at their discretion) via the Internet to
selected Builders and Inspectors. AccuDraw provides a safe, secure
and fast environment in which to process any type of construction loan
from Single Family to Commercial.
The following are some features and
benefits of the system:
- Actual and projected variance analysis for each
- Audit trail for each draw…each change
- Check writing, Voucher and DBA or Wire Transfer
capability and tracking.
Form library, 1099 tracking & printing, Excel spreadsheet export / import
- Inspectors (can) input their observations without
processor re-inputting same data.
- Lien waiver tracking and accounting feature
- Detailed "real time" portfolio of all
active and inactive construction loans - provides portfolio analysis of
pertinent loan variables.
- Centralized support; 24/7 - 365 Server
reliability Backup and 99.98-runtime assurance.
- Stand-alone (installed) application developed
solely for construction lending…no spreadsheet errors, no failed
macros or skipped cells.
- Requires only a brief training period; no huge
investment in training
- Telephone-based (and on-line) user support and
training…we are there when you need us.
- Network compatible database; no additional fees
for each new user
- Requires no additional PC hardware or software;
no huge investment in hardware
- Builder and/or Inspector (can) input budgets and
draw requests…no double entry, no additional typing…every
contact and budget is saved to the database for use in the future and many
fields have an “auto-fill” capability; saves time
- Flexible data array capability-information may be
segmented in virtually any way desired
- All information is housed on user’s server.
- Builder has access to a “real-time” portfolio
of every project and draw associated with the Lender.
- Builder is on the “same page” with
the lender…the builder module provides the same screen shots that
the processor uses: saves user’s time
- Inspector has on-line controlled access to the
line-item budget for his assigned projects.
- Inspector can input percent completed by budgeted
line item, automatically up dating the lender’s information via the
Internet: saves user’s time