Embrace the art of digital collaboration when it comes to lending with monday.com

Collaboration software is any type of platform or application that helps professionals in the lending space communicate, collaborate, achieve their goals, and contribute to the core of the business. With collaboration software, teams can:

  • brainstorming ideas
  • contribute to projects
  • share knowledge and data from a source of facts
  • communicate with groups, across departments, stakeholders, managers and clients
  • access to data and reports for better decision making
  • and much more

Another advantage of using these platforms is that they are mostly cloud-based, which means that team members can use them from anywhere. Of course, it’s not very broad – as we mentioned, there are many different types of collaboration software that are designed to build teams and help grow. But before we get to what some of them are, we must first know how they work.

How does collaboration software work in lending?

Depending on the tool, the collaboration software may work differently, but most have some common features that combine them to increase team efficiency. Here is our shortlist of features to help you show how the software works.

Based on news and tags updates

In today’s world, e-mail communication is considered obsolete and often difficult, especially when juggling multiple projects, and deadlines. Instead of reading endless e-mail strings, collaboration tools use tag-based messaging and updates for faster and faster communication.

Document sharing options

Many leading collaboration tools can share your documents, links, and files, so you don’t have to go through endless folders to find what you need. But to keep it running smoothly, other software also lets you create, collaborate, edit, and share your documents without leaving the platform.

Instead of creating a document that is different from the rest of your work and team conversations, the work OS allows you to create everything from notes, checklists, project proposals, and more.

Project planning and monitoring tools

To get the most out of collaboration tools, you can choose one that has multiple project planning and tracking features for all types of projects. Look for features such as built-in templates so you can have your entire project workflow in minutes.

It is also important that you look at your project in a way that makes sense to you. So if Excel sheets send vibrations to your back, Kanban Board or Calendar View may make more sense. The more options you have in terms of preview, the more useful the collaboration software will be for your team.

Reporting and dashboards

Part of a manager or team leader’s role is checking in on project progress, and creating monthly or quarterly reports for senior management. But these reporting and dashboard systems should be simple for anyone to understand.

Look for team collaboration tools that make gathering, collecting, and analyzing data simple. Bar charts, stacked charts, pie charts, weekly capacity displays, etc. can easily see where you stand on projects and turn around as needed.

Sign up to monday.com South Africa  – Activation or Trial Link and track time with monday.com South Africa.

Interested in uncovering CRM with monday.com then hit the link below and start your monday.com journey, partnering with Syscor all the way.

Syscor monday.com trial and activation

Signing up to monday.com in South Africa and Africa

Book a call for monday.com Pro Services in South Africa and Africa

Once you have an active account Syscor can assist with a full consulting and professional services stack, including:

  • Process design
  • Workflow design
  • Workspace builds
  • Board builds
  • Customisation
  • App integration
  • Installs
  • Training
  • Support

Syscor is a sales, installation, and support partner to monday.com, having completed many successful projects on monday.com.  Thus making us very experienced.  Syscor has clients that range from Tanzanian Banks to small manufacturing businesses in South Africa, for instance. Our reach is completely continental.

Syscor’s Consulting team are all qualified to deliver a full installation and support offering, meaning we offer turn-key services.  We will gladly share any referrals, in order to give you peace of mind. So you can embark on your monday.com journey, with confidence.

For more information check out our social pages