Paramus, 07652, NJ,
United States
Longbridge Financial Technographics
Longbridge Financial Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Longbridge Financial and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 300 Longbridge Financial employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Longbridge Financial has purchased the following applications: Microsoft Dynamics NAV for ERP Financial in 2018, ADP Workforce Now Benefits for Benefits Administration in 2019, Bestborn Business Loan Vision for Loan Management in 2018 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Longbridge Financial is running and its propensity to invest more and deepen its relationship with Microsoft , ADP , SeekOut or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Longbridge Financial revenues, which have grown to $33.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Longbridge Financial intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Longbridge Financial Tech Stack and Enterprise Applications
Longbridge Financial ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft Dynamics NAV | ERP Financial | ERP | n/a | 2018 | 2018 |
In 2018 Longbridge Financial implemented Microsoft Dynamics NAV to centralize core finance and loan servicing workflows. The Microsoft Dynamics NAV deployment functions as the firm’s ERP Financial platform supporting fund accounting and payment processing for a reverse mortgage financial institution.
The implementation configured modules for accounts payable, loan payment processing, credit card transactions, fund accounting, and reconciliations, aligning standard ERP Financial workflows with regulated loan servicing requirements. Microsoft Dynamics NAV was configured to manage vendor invoices, payment runs, automated posting to the general ledger, and structured reconciliations for loan portfolios, with functional terminology reflecting fund accounting and cash application processes.
Integrations were established between Microsoft Dynamics NAV and loan servicing systems LoanVision and HERMIT to ensure transaction flow for loan payments and servicing events into the finance ledger. Operational coverage centered on finance and loan servicing teams, consolidating transactional posting, reconciliation routines, and payment interfaces across the organization.
Governance and process changes focused on centralized financial controls and reconciliations, with configuration of approval workflows and audit-oriented posting controls typical of ERP Financial deployments. Operational documentation and process mapping supported the shift to a unified ledger and standardized reconciliations for reverse mortgage accounting.
|
Longbridge Financial HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| ADP | Legacy | ADP Workforce Now Benefits | Benefits Administration | HCM | n/a | 2019 | 2019 |
In 2019, Longbridge Financial implemented ADP Workforce Now Benefits for Benefits Administration. The deployment centralized employee benefits enrollment and administration for Longbridge Financial, covering benefits eligible employees defined as regular, full time staff scheduled to work at least 30 hours per week across the organization.
ADP Workforce Now Benefits was configured to provide online enrollment, qualifying event processing, dependent management, and beneficiary data updates, with an ADP Workforce Now employee self serve tool and a mobile employee app used for transactions. The implementation included benefits guide and plan documentation publishing on the corporate benefits website, and the enrollment workflow enforces a 30 day window for new hire elections and a 30 day submission requirement for qualifying life events, with changes effective as of the event date when submitted timely.
Operational coverage includes medical, dental, vision, ancillary benefits and EAP communications, with recorded carrier presentations for CIGNA, Kaiser and ancillary vendors hosted on the benefits site. The benefits site provides links to carrier portals, claim forms and the ADP Workforce Now enrollment platform, and governance is codified through open enrollment windows, the 30 day qualifying event rule, and broker contacts for escalations, with late qualifying event requests subject to carrier approval.
|
|
|
|
|
Core HR | HCM |
|
2019 | 2019 |
|
|
|
|
|
Employee Self Service | HCM |
|
2019 | 2019 |
|
|
|
|
|
Payroll | HCM |
|
2019 | 2019 |
|
|
|
|
|
Recruiting | HCM |
|
2020 | 2020 |
|
|
|
|
|
Recruiting, Applicant Tracking System | HCM |
|
2018 | 2018 |
|
|
|
|
|
Talent Sourcing | HCM |
|
2020 | 2020 |
|
Longbridge Financial ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Bestborn Business Solutions | Legacy | Bestborn Business Loan Vision | Loan Management | ERP Services and Operations | n/a | 2018 | 2018 |
In 2018 Longbridge Financial deployed Bestborn Business Loan Vision from Bestborn Business Solutions to address Loan Management needs. The implementation focused on the firm’s reverse mortgage accounting and loan servicing operations, centralizing loan payment workflows and financial control points into a single application instance.
Bestborn Business Loan Vision was configured to support accounts payable, loan payment processing, credit card transactions, fund accounting, and reconciliations as core functional modules. Configuration emphasized automated payment posting, batch settlement routines, fund accounting ledgers and reconciliation engines to align servicing cash flows with the general ledger.
Interfaces with Microsoft Dynamics NAV, LoanVision and HERMIT were implemented to enable data exchange and reconciliation across servicing and finance systems. These integrations covered servicing data flows into accounting, periodic ledger posting and transactional handoffs for credit card and payment processing, preserving operational continuity between loan servicing and enterprise accounting platforms.
Governance and rollout targeted accounting and loan servicing teams with phased activation of reconciliation workflows and control checkpoints. Operational changes included standardized reconciliation cadence, centralized exception handling and automated posting schedules to support ongoing loan management and financial reporting processes.
|
|
|
|
|
Loan Management | ERP Services and Operations |
|
2020 | 2020 |
|
Longbridge Financial Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Collaboration | Collaboration |
|
2016 | 2016 |
|
Longbridge Financial CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Customer Experience | CRM |
|
2021 | 2021 |
|
|
|
|
|
Customer Support | CRM |
|
2022 | 2022 |
|
|
|
|
|
Digital Advertising Platform | CRM |
|
2016 | 2016 |
|
|
|
|
|
Digital Advertising Platform | CRM |
|
2021 | 2021 |
|
|
|
|
|
Marketing Automation | CRM |
|
2020 | 2020 |
|
|
|
|
|
Sales Automation, CRM, Sales Engagement | CRM |
|
2020 | 2020 |
|
Longbridge Financial PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Transactional Email | PaaS |
|
2017 | 2017 |
|
Longbridge Financial IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2021 | 2021 |
|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2016 | 2016 |
|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2020 | 2020 |
|
|
|
|
|
Content Delivery Network | IaaS |
|
2020 | 2020 |
|
|
|
|
|
Content Delivery Network | IaaS |
|
2020 | 2020 |
|
IT Decision Makers and Key Stakeholders at Longbridge Financial
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Longbridge Financial Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||