It is a one kind of software which calculates the accuracy of loan amount and other things

1. BBE (Browser Based Editing)
Introduction:
In USA after granting the loan, financial institutions are discovering high error
rates, elevated costs, and a compliance department that bears the brunt of others
mistakes.
For analyzing data, different company uses Browser Based Editing (BBE).
CRAWiz Data:
Community Reinvestment Act is a United States federal law designed to encourage
commercial banks and savings associations to help meet the needs of borrowers in
all segments of their communities, including low- and moderate-income
neighborhoods. CRA data indicate the lending information such as number and
dollar amounts of lending, cross-tabulated by loan, applicant, and geographic
characteristics.
Browser-Based Editing
BBE makes data accountable for it’s quality and readiness for submission by
automating the existing manual data process. It significantly improves the accuracy
and time to completion with the CRAWiz data collection process by allowing
direct access to CRAWiz data via an Internet Browser.
Browser-Based Editing provides the following features
 Rapid set up for instant access — with no client-side installation required,
the browser-based editor immediately installs on any Windows
environment with Internet Explorer. Users can instantly access the most
up-to-date format for CRAWiz data.
 Secure remote administration — the powerful editor enables lenders to
permit any number of staff to manage the compliance process safely and

2. securely from their web browsers.
 Increase productivity — by leveraging the power of the Internet,
compliance officers and staff can share information to investigate, resolve
and update specific data issues.
 Customized views — lenders can control and manage individual access to
data. Browser based tools can designate permission for detailed summary
reports and specific LAR databases - to record level detail.
Browser-Based Auditing
This module ensures that what is in a loan file is actually correct or not. some user
prepare the data and some user audit the data which is prepared and audit user
don't modify the data. They can only review the data. Users can mark it if verified
or ship it out if it needs further corrections. The auditing functionality can be
tailored to internal requirements for auditing of loan applications. It is the perfect
complement to the Data Auditing module.
Conclusion: In brief, BBE is very much essential for those business people who
can’t afford of buying CRAWiz because of its high cost rate but want to measure
the accuracy of their transaction. In that case, BBE is very helpful for that people
with low cost.