Smart Loan Activation (RPA)

Solution Description:

End-to End Loan application designed using Kofax Robotic Process Automation to activate/ hold loans to reduce human interaction

Benefits:

  • Cost effective, time saving and easily scalable application that reduces workload required to process loans
  • Checks various conditions including fields such as document signatures, matching information with Finance system and loan agencies assigned.
  • Automated workforce with inbuilt error handling that can adapt, improve and overcome any problems in the loan activation procedure
  • Improved Employee Engagement with Better Customer Experience
  • Faster service and does not require new IT infrastructure

Architecture

Sample deliverables:  Custom emails for activated/on hold loans with conditions checked