New SCEX and WinLoan-32 Updates

Sherman and Associates offers new releases of our software on a regular quarterly basis, targeting the early part of January, April, July, and October. Occasionally, a partner will request new functionality to be delivered as quickly as possible between quarterly releases. In these situations, we then bundle the requested new functionality with already completed development work into an interim release. Here are some of the latest additions delivered last month in interim release 2010-01-1.

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You May Notice A Few Changes...

Details on our new website and company logo.
Judy, hugging one of General Sherman's cousins.

Welcome to Sherman and Associates' new web site! The new architecture underlying our site will allow us to provide our customers and partners a more efficient way to interact with us, while still providing the information necessary for prospective customers to find out what it is exactly that we do.

We are also introducing our new company logo, which is next to our name at the top of each page on our website, and is featured prominently in our introduction. Many logos relate to a company's name or products, and our logo is joining that crowded group. The Giant Sequoia is unique to Calfornia, our home state, and is known by all to be the largest tree, as well as a truly magnificent and long lived entity – characteristics to which Sherman & Associates aspires. The largest of all is the General Sherman tree, in Sequoia National Park. Our company principals, John and Judy Sherman, travel frequently to the park to pay homage.

If you are currently a WinLoan-32 or eWinLoan customer, or if you are an SCEX partner, then we highly recommend that you contact us so that you will have access to the latest versions of our products. Furthermore, only registered users are allowed to comment on the various stories and documents throughout the site.

So, come on in and kick the tires to see what we have to offer you! We would appreciate your comments.

New SCEX Commercial Loan Module

The SCEX (Sherman Calculation Engine with XML Interface) now supports commercial loan calculations with multiple advances, overlapping payment streams, and interest rate and accrual method changes.The SCEX is the calculation engine that not only is the preferred choice of the major Loan Origination Software (LOS) companies in the consumer / commercial lending space, but is also the foundation of our desktop and internet loan calculation products, WinLoan-32 and eWinLoan. Enhancements start with the SCEX and then flow into WinLoan-32 and eWinLoan as we adapt their user interfaces to accept the changes. Most enhancements are subtle and unnoticed by all but a few, but every so often, we make an enhancement that moves the SCEX significantly forward. Our new Commercial Loan module is such an enhancement.

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Announcing a New Partnership with FIS

FIS has chosen Sherman & Associates as their exclusive partner for the loan and insurance calculations in their FIS Loan Origination (FLO) service.We are pleased to announce that Fidelity Information Services, now FIS, has chosen Sherman & Associates as their exclusive partner for the loan and insurance calculations in their FIS Loan Origination (FLO) service. FIS will be using the Sherman Calculation Engine with XML Interface (SCEX) to drive the calculations in FLO.

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New Menu Selling Features

The WinLoan-32 and eWinLoan feature menu selling which guarantees that all of the protection plans are presented every time a loan is quoted.Sherman's WinLoan-32 loan quotation software, already recognized as the best sales tool for increasing payment protection (credit insurance/debt protection) income, is constantly enriched by our clients' great ideas. Our two latest innovations are perfect examples of this relationship.

A major frustration among payment protection managers has been the tendency of some loan officers to simply request a payment without protection. We now offer a setup file option to make the menu screen mandatory. Clicking [Calculate] takes you directly to the Menu Screen, with all the protection plans presented, and the no protection plan at the bottom. The Entry Screen for this setup option is below:

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