PrecisionLender is a commercial banking software solution designed to empower bankers with actionable insights and real-time coaching during sales and negotiation processes. PrecisionLender provides banks with technology-driven tools that help bankers win better deals and build stronger, more profitable client relationships.
At the core of PrecisionLender’s offering is Andi, a virtual insights analyst. Andi leverages advanced data analytics and technology to augment bankers' skills, delivering timely recommendations and guidance as they negotiate with clients. This approach enables bankers to make more informed decisions, adapt to changing deal dynamics, and consistently achieve better outcomes for both the bank and its customers.
PrecisionLender’s platform is used by over 12,000 bankers at more than 200 financial institutions, ranging from banks with $1 billion to $1 trillion in assets. The solution is tailored for commercial banking teams seeking to modernize their approach to pricing, relationship management, and deal structuring with the help of real-time data and applied banking insights.
How was PrecisionLender started?
PrecisionLender was developed by a leadership team with extensive backgrounds in banking technology and software development. Key leaders include Hank Seale (Founder of Q2), Matt Flake (Chief Executive Officer and Chairman of the Board), Kirk Coleman (President), and other experienced executives overseeing finance, technology, product development, and operations. Their combined expertise has shaped PrecisionLender’s focus on leveraging technology to solve complex challenges in commercial banking.
Who uses PrecisionLender?
PrecisionLender primarily serves commercial banks of various sizes, from regional institutions to some of the world’s largest banks. Its platform is designed for bankers, relationship managers, and lending teams looking to enhance sales performance, negotiation outcomes, and overall client profitability. The software is trusted by more than 200 banks around the globe.
What sets PrecisionLender apart?
PrecisionLender differentiates itself by delivering actionable, in-the-moment coaching through its virtual analyst, Andi. This focus on real-time, applied insights helps banks adapt quickly to client needs and market trends, supporting data-driven decision-making at every stage of the deal lifecycle.
For more on the leadership and company background, you can visit their About page.
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