Loan activity
Automated
finance & accounting
Mage connects your loan origination, accounting and banking systems, builds reusable domain knowledge, and applies your accounting, allocation and close rules to automate finance and accounting
Bank settlements
General ledger
Budget drivers
Book loan activity
Allocate costs
Reconcile balances
Update forecast
Complete close
Financial statements
Planning workbook
Close package
From loan activity to financial statements
Loan fees receivable$1.12M
Production expense$960K
Fee income$1.12M
Cash / payables$960K
✓Debits = credits
Loan accounting
Get loan revenue and costs into the right accounts, with a traceable record behind every posting.
✓Loan ledgerMatched
✓Bank balancesReconciled
✓Fee postingPosted
✓Financial statementsDelivered
✓Financial statementsDelivered
Financial close & reporting
Close with reconciled balances, clear exceptions and financial statements that tie back to the loan detail.
RevenueCosts
$1.2M
$1M
Margin$200K
$1.12M
$960K
Margin$160K
$1.28M
$1.06M
Margin$220K
Budgeting & forecasting
Keep your financial outlook aligned with production, staffing and cost assumptions as the business changes.
Keep up with growth without adding overhead
56% less
manual work
Mage handles repetitive accounting, reconciliation and reporting so your team can focus on planning and profitability.
2.3× the
accounting capacity
Keep pace with more loan accounting, reconciliation and reporting with the team you already have.
Traceable
totals
Tie financial statements back to loan events, ledger entries and reconciliation evidence.
How Mage fits
Connect your loan origination, accounting and banking systems
Connect your loan origination, accounting and banking systems around the same operating records.
Your systems
Loan activity
General ledger
Bank settlements
- 1Loan accounting
- 2Financial close & reporting
- 3Budgeting & forecasting
Connected outputs
Financial statements
Planning workbook
Close package
Bring loan activity through financial close
Connect loan accounting, reconciliation and financial planning in one working solution.
Back to industry overviewICE Encompass loan events
Sage Intacct general ledger
Chase bank settlements
Budget drivers
Operating rules
Debit$2.08MCredit$2.08M
✓Balanced entries
Bank settlement$3.25M
Recognized revenue$1.12M
Direct and allocated costs−$960K
Margin per funded loan$1,000
Learn
Set close rules
Map event, ledger and bank files. Set posting rules and tie checks.
Design
Trace cash
Apply approved fee mappings and tie settlement cash to loan-sale proceeds.
Automate
Build close pack
Connect feeds, test mappings and build the monthly close pack.
Plan your finance and accounting workflow
Tell us which accounting, reconciliation or close review you want to connect. Where are the inputs stored, what makes the close pack ready for review, and where should it go?