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<classification authority="sudocs">GA 1.13:AIMD-99-165</classification>
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 <subject>Loan accounting systems</subject>
 <subject>Comparative analysis</subject>
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<titleInfo>
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<abstract>Pursuant to a congressional request, GAO reviewed a benchmark study
conducted by a contractor comparing the Small Business Administration&apos;s
(SBA) loan monitoring business processes to those of selected public and
private sector organizations.

GAO noted that: (1) the benchmark study was an important first step in
SBA&apos;s efforts to develop a loan monitoring system; (2) it identified
wide gaps between SBA&apos;s practices and its benchmark partners; (3)
however, the study would be more useful if it included a better
definition of processes associated with best practices, addressed
monitoring processes for important activities delegated to lenders,
collected measurement data on SBA&apos;s and the benchmark partners&apos;
processes, identified goals for reengineering, and identified potential
outsourcing and candidate systems for purchase; and (4) SBA agreed with
this analysis and stated that it plans to act on each of these items.</abstract>
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<note>Letter Report</note>
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 <topic>Comparative analysis</topic>
 <topic>Small business loans</topic>
 <topic>Private sector practices</topic>
 <topic>Reengineering (management)</topic>
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