 "Functional process planning and simulation")
Efficient business process management is a requirement for low unit costs
In the lending business, decision-making processes are instrumental to the success or failure of operations which highlights the importance of networking among managers with high-quality information. Professional process management leads users through their complex lending operations and relieves their workload by automating routine work prone to errors as well as business performance management (BPM). The FlexFinance Lending solution is geared to accommodate processes involving all information that culminates in a clearly defined outcome, such as a lending contract.
Process optimisation and standardisation – Swift and simple
The lending operations in a bank are modelled by FlexFinance Lending in the business process management tool (BPM tool) and linked to the information in the IT systems. The long-term partnerships with TIBCO, IBM and Software AG enable direct access to the leading Process Engines FileNet and WebMethods. The automated processing of information, for example from rating and/or scoring systems results in shorter decision-making processes and more accurate decisions.
- Workflow-based processing of loans with accurate recording and traceability of data in accordance with regulatory requirements.
- Automation of all lending processes, ranging from preparation to conclusion after repayment with consistent straight-through processing.
- Reducing time-to-market efforts for new credit products and customer segments.
- Continuous process with multi-company capability for all sales channels including commission deals.
- Fully customisable through integration of the rule engine and the workflow management system.
