What is Banking Management Software?
- Definitions
- Banking Management Software
Banks utilize a variety of management systems to ensure smooth operations and maintain compliance. The most common types of banking management software include:
Core software – The core system database is arguably the most important type of banking management software, as it is the source for information relating to loan and deposit accounts. The core performs a variety of mission-critical tasks, such as calculating interest owed to depositors as well as indicating payments that are due or past due. Executive reports can also be produced from core software.
Document preparation software – Banks use document prep software to generate new account and loan documents. Doc prep software helps banks eliminate administrative work while providing an added sense of uniformity to the lending process. It’s also become a vital component for ensuring compliance with federal and state regulations.
Document management software – Document management software saves banks time, space, and money by simplifying the storage and retrieval of important information. Electronic files can also be purged after mandatory retention requirements are fulfilled, thereby aligning with compliance guidelines. Software companies, such as AccuSystems, offer a variety of document management solutions for frontline and back office use cases.
Underwriting software – Underwriting software simplifies the collection and analysis of an applicant’s data so the bank can make an informed lending decision.
Teller platform software – Tellers use teller software to perform their day-to-day duties: accessing client accounts, processing deposits, cashing checks, and balancing their cash drawers.
Compliance management software – A variety of compliance-related apps exist to help banks streamline data collection and report preparation, such as federal call reports and Community Reinvestment Act (CRA) reports.
Customer relationship management CRM software – The intent of a bank CRM program is to help with loan origination and application processing. CRM software can also be used to identify targeted lists of customers for digital and print advertising campaigns.
Banking Management Resources
For more information about banking management best practices, be sure to check out our extensive resource library with free spreadsheets, whitepapers, and ebooks.
Browse our banking definitions page for more terminology.
Free Downloads

Banks Audit & Exam Prep Study

TicklerTrax Exception Spreadsheet
TicklerTrax™ Exception Spreadsheet Downloaded 1,000+ Times Looking for a free spreadsheet to track your financial institution’s exceptions? TicklerTrax might be the perfect tool for you! We’ve taken some of the basic logic from our top-rated document tracking system and boiled it

eBook: Compliance & Bank Document Management
Related Articles
“No, I Don’t Have That File”
Lisa: “Hey Tony, I’d like to borrow a loan file that you checked out. The customer is here, and I need to review a few things in his file.” Tony: “What loan ...
5 Pillars of an Effective Bank Document Tracking Strategy
Document tracking is sometimes viewed as a back-office function that deserves minimal strategic thought. Banks that hold this opinion tend to struggle with inef ...
Beehive Federal Credit Union Adopts Document Imaging with AccuAccount
We’re pleased to announce that Beehive Federal Credit Union has chosen AccuAccount for the document management needs of its commercial loan portfolio. Beehive F ...
The Definitive List of Bankers’ Banks
Thanks to community banks, consumers in the U.S. have an almost unparalleled number of options when deciding who they’re going to trust with their money: some 1 ...
3 Reasons Why Imaging is a Must for Banks in the COVID-19 Era
The coronavirus pandemic has impacted almost every aspect of life—and banking is no exception. Practically overnight, bankers across the country were thrust int ...
How to Spread Financial Statements Faster with Better Data Collection
Your financial institution has made a significant investment in its financial monitoring workflow. The latest credit spread software and a well-trained credit a ...
Bankers Online: What Is It?
Bankers Online (“BOL”) is a popular website that provides helpful content, tools, and resources for professionals who work at banks, credit unions, and related ...
5 Types of Commercial Loan Software
Commercial lending is a unique aspect of the banking industry. Unlike consumer loans, which are underwritten based on a snapshot of the customer’s current cr ...