Global Banking

Industry

Banking

Sector

Consumer/ Personal Banking

Solution

Cross-Industry Consumer Loan Processing

Problem

  • The manual process associated with loan
    approvals prevents banks from answering in competitive timeframes.
  • Document quality is inconsistent even with
    current strictness to stick to a process.

Solution

  • Automate loan financing to offer a faster
    end-to-end application process.
  • Automation ensures document processing
    remains the same, no matter the type of loan being processed.
  • Removes complexity of applications and ensures all required data is provided.
  • Process agility with quick and safe adaptability
    to changing documents, data, workflows, etc., with scalability to handle peak volumes.
  • Streamline and consolidate business processes
    and systems.

Outcome

  • Expedited loan process allows for faster inquiry responses.
  • Reduced risk as files and forms have passed
    all business rules, checks and processes.
  • Dramatic ROI with reduced processing time,
    going from days to mere minutes.