SBA’s Paycheck Protection Program (PPP) was expedited into execution to protect millions of small business enterprises through the COVID-19 shutdown. SBA is leaning on PPP lenders to provide verification and validations for PPP funds usage.
PAYFOR is a digital AI solution created by CirrusLabs and FIRM Advisors that will:
PAYFOR provides banking and financial institutions the ability to independently document traceability, calculations, verification, and validation of “forgiveness” calculations claimed by borrowers vs. uploaded documents. `
Benefits of PAYFOR:
DESIGNED FOR BANKS AND CREDIT UNIONS
PAYFOR is specifically designed for BANKS and CREDIT UNIONS to save time and money in the verification process while providing a detailed audit register for compliance. The key aspect is that we source the data for the form and make it easily verifiable – a big win for both you as the lender and for your small business client.
PAYFOR is created in partnership with FIRM Advisors.
Combining a full-service digital transformation company with a multi-disciplinary financial services advisory firm allows us to provide cutting edge automated solutions tailored to the banking industry, improving functional efficiency while simultaneously reducing risk.
“The AI solutions are awesome! Solutions user-friendly…I am also happy that our feedback are also valued and taken into consideration in terms of improving the tool…Just a few modifications, the tool would be perfect!”
- The Business Team
“It has been a real pleasure working with the CirrusLabs team…Transparent, great communication... We got what we needed to address the audit finding and on-time...We always knew where things were at and you addressed the key issues right when they came up.”
- Leadership/Executives
“The solution has been in production for 3 months with 500 agents using it everyday…and it just works…You did a great job transitioning to our team and next to no support required…You have a great team!”
- Technology Leaders
CirrusLabs are trusted partners that focus on helping our customers attain real business results by listening, collaborating, and solving our customer issues. Customers realize tremendous value through our proprietary Continuous Business Value Delivery®, AgileGPS® and AgiLEAD® capabilities.
Many customers across multiple industries, including Fortune 500 companies, rely on CirrusLabs Assessments to successfully jumpstart their Agile Transformation journey.
Atlanta Office:
5865 North Point Pkwy,
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GA 30022
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Sales/General Inquiries: info@cirruslabs.io