Some LOS vendors claim their software works over the
World Wide Web just like Lender's Office. Don't be misled.
There are major differences between a "Web-enabled"
and a truly "Web-based" system. Web-enabled
solutions are merely outdated client-server software
with "Web" components tacked on. They are
not specifically designed to work within an Internet
browser. Only a true Web-based solution such as Lender's
Office takes full advantage of the Internet to deliver
superior system performance and better ROI.
How do they compare in terms of Performance?
Web-enabled solutions pass back and forth large amounts
of screen graphics along with the loan information,
slowing down system performance. Web-based technology
transmits data more efficiently because it is specifically
designed to work within a browser, leading to faster
system response and better employee productivity.
How do they compare in terms of Cost?
A database license must be purchased for every Web-enabled
software license, which can quickly increase your software
costs as your company grows. Lender's Office has no additional
software or hardware requirements, and at only $180 for
each annual license*, your costs are more predictable
and easier to maintain.
* Minimum number of seats required is 10.
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