Personal and business loan application, approval routing and servicing
Customer production
- Stage
- Front door and handoff
- Moves
- capture once, decide, write back
- Customers
- Banca Transilvania, Bank Leumi
Controls enforced
- Data validation, e-signature, approval routing, automated decision steps
Evidence produced
- Signed documents, completed application record, approval history
Claims
Bank Leumi digitized all loan application and servicing workflows within six months.
Bank Leumi saved more than $3M on transcription and paper storage.
Bank Leumi cut data errors by 77%.
Banca Transilvania's digital loan applications show 34% lower abandonment than its PDF process.
Banca Transilvania decides sales-led loan applications 4 days faster and cut more than $1M from SG&A.
Bank Leumi makes loan decisions more than a week faster, because manual approval steps are automated in the workflow.