Card Down Software and Business Vitals, 2010 Palmetto Pillar Technology Award Winner
COLUMBIA, S.C., September 21, 2010 – Each year, the Greater Columbia Chamber of Commerce’s Information Technology Council recognizes professionals and companies for their innovative use of technology. On August 31, 2010, Card Down Software and Business Vitals were awarded the 2010 Pillar of Cloud Services award. As partners, Card Down Software, a developer of niche application software solutions for under-served markets, and Business Vitals, a premier IT security and managed services provider, have successfully provided an “in-the-Cloud” software and managed service IT solution for the consumer lending market.
The Pillar of Cloud Services award gives recognition to a company that has shown measurable results in providing cutting edge solutions to their customers resulting in improved efficiency, lower costs, and consumer satisfaction. Lend on Demand, a web-based software as a service product developed by Card Down Software and delivered via the Internet “Cloud” by Business Vitals, was the winner of this year’s award.
Lend on Demand (LOD) is a comprehensive consumer lending solution. Every aspect of the solution is delivered securely “via the Cloud” (Internet). The solution is designed to facilitate the full life cycle of a consumer loan to include loan application processing and credit scoring; loan origination and servicing; collections and reporting. LOD reduces IT security and technology risk for the user and is offered at a predictable, low monthly recurring cost, with little or no upfront capital. The LOD software complies with state by state regulatory requirements and helps ensure compliance on virtually every level including software licensing usage, fraud mitigation, and business policy and procedures.