for Loan Approval
Reduces running costs and errors simultaneously.
Description of Problem
The Client has grown rapidly and the demand for their loans has been increasing. The time for borrowers to get loans approved has been growing longer, given the larger numbers of applications, legacy systems, and limited manual processing capacities.
The primary reasons for the delay are usually application errors, manual time-consuming processes, and the involvement of various stakeholders in the approval process.
The client is a large regional bank, located in Singapore. They specialize in customer-focused personal banking, credit cards, personal and home loans, and more.
How Gleematic Helps
Degree of Robotization: 75% Effort Automated
ROI: 3 Months
Human Error Rate Reduced
Manual Effort Reduction to 75%
Faster Processing Time: Reduction of 65%
No More Repetitive Administration
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What is it and how to implement it successfully