Copyright 2010, Bison Mountain Financial, Inc.
All rights reserved.
Technology

Why Should You Purchase a
Profitability System?

Your financial statements are not
designed to calculate account, customer,
product, or branch profitability. Nor are
they designed to help you reprice your
products to help you generate additional
revenue. A profitability system, on
the other hand, is designed to do these
things.
What Should a Profitability
System Do?

A profitability system should:

  • Calculate profitability at the account level,
using the actual general ledger
and reflect the actual operating
results of the bank
  • Provide a variety of reports by
product, customer, and branch to
help you understand the profitability
of your bank
  • Utilize a variety of What-If Analysis
tools to help you increase your revenue
Provide profit data for use in your
CRM or other systems
EnhancedProfit™ is a graphical web-based profit dashboard that
calculates and displays the profit for your accounts, account holders, and
products.

EnhancedProfit allows financial institutions to calculate profitability
at the account level, using your financial statements to reflect your actual
operating results. By utilizing EnhancedProfit, you will reap such
advanced benefits as:

  • Ease of Identifying Your Profitable Products
  • Better Knowledge of Your Account Holders
  • Improved Profitability for Your Institution

Products
First Close Real Estate Settlement Program
FirstClose is a single-point dashboard which aggregates nationally
recognized vendors and service providers into one easy-to-use online
solution.  
It is one of the most powerful and cost effective settlement
services tools in the mortgage lending industry.


Products available include:
  • Desktop Valuations with Site Inspection
  • Flood Determinations
  • Title Search Alternatives
  • Credit Reports
  • RE Tax Tracking
  • Doc Prep
As an alternative to a Drive-by Appraisal (2055) and the 'Tax Value + Property Condition Report'
solution, FirstClose also helps lenders comply with the Interagency Guidelines with Desktop
Valuations with Site Inspection.

Our valuation platform gathers a full set of property and market data onto a staff appraiser's
desktop. The appraiser employs tools to filter, adjust and weight the data and applies logic to
four distinct industry accepted valuation methods. The appraiser reviewed data and value
methodologies are then passed to our proprietary valuation engine. The result is an objective
value with a supported value conclusion including backup data and analytics.

Report Contents
• Full summary: subject, comps, MLS and market data
• Fraud and Risk indicators for the subject and market
• MLS photos
• Map of subject and comps
• Satellite imagery of subject and comps
• Optional Broker site inspection: photos, property condition, market conditions
• 4 distinct Value Indicators