Industry-first move allows seamless use of loan tool, faster lodgements
LMG has become the first aggregator in the industry to integrate its MyCRM platform and policy and calculations tool Quickli, which it says will speed up lodgement times and increase submission quality for brokers.
Australia and New Zealand’s largest aggregator group, which supports more than 6,000 residential, commercial and asset finance brokers, unveiled the major change on Wednesday, July 31.
LMG said the latest platform integration would push more than 200 data points from MyCRM to Quickli, including income, assets, liabilities and expenses data, and eliminate a double-up in processing when building an initial scenario.
Quickli is a highly popular loan calculations and serviceability tool, used by many brokers in the industry.
More than 1,200 LMG members have already connected their Quickli accounts with MyCRM, allowing seamless use of its serviceability calculator and policy engine in the modelling phase. Quickli includes more than 30 lenders.
Brokers can now with just a single click in My CRM export the data collected from an Online Fact Find to Quickli.
LMG group executive - customer experience Jason Furnell (pictured above) said there had been a large uptick in Quickli usage within the network because of its reliability in comparing lender policy and real time interest rate serviceability.
“Quickli’s integration saves our brokers time by centralising research activities within MyCRM rather than having to move between platforms,” said Furnell.
“Quickli provides an industry-leading solution to serviceability and policy, which have been two of the biggest pain points for brokers in recent years.”
Furnell said the Quickli tool added to LMG’s growing ecosystem of specialist tools within MyCRM and made the loan application process easier for brokers and support staff.
During the pilot of Quickli’s integration, brokers saved an average of 15 minutes per application.
“It’s already making lodgement simpler and faster for brokers and support staff, saving hours in time every month for businesses,” Furnell said.
Quickli’s integration with MyCRM is the latest time-saving tool unveiled by LMG in 2024, following the introduction of its proprietary SmartData automated client data collection tool in May.
LMG said SmartData had improved client engagement within the data-sharing process, pre-populating identification data including drivers’ licences, passports and Medicare, securely connecting bank accounts and grouping expenses.
How will Quickli’s integration with LMG’s MyCRM assist you as a broker? Comment below
