Bank speeds loan disbursement process
 

IBM Business Automation Workflow Speeds Up Loan Disbursement Process

 

Industry

  • Banking

Solutions Highlights

  • IBM business automation workflow
  • An intuitive interface for handheld devices

A rapidly growing bank in India

The bank, with more than 1.4 million customers, faced problems related to the group loan disbursement process in rural areas. The manual and decentralized loan disbursement process caused issues associated with turnaround time, document collection, and approvals, thereby affecting the efficiency of the loan department.

The Nividous team developed a solution using the IBM business automation workflow. The team also integrated an interface for handheld devices for remote bank staff to capture customer’s data and documents offline and synchronize it later with a centralized server.

Download Full Case Study
parallax background
 

We have been able to reduce the turnaround time for group business loan process from 14 days to 3 days with an increase in the overall business of the group loan department by 20%. We have won the IDBRT Banking Technology Excellence award and Finnovati award for Innovation in Banking, Financial Services, and Insurance Sector using the BPM solution deployed by Nividous.

Chief Executive Officer

A Rapidly Growing Bank in India

 

Guaranteed Production Roll-out of a Trained RPA Bot in 3-4 Weeks

Guaranteed Production Roll-out of a Trained RPA Bot in 3-4 Weeks

Latest Blogs

October 12, 2021
How To Automate Your Business In Any Industry | Nividous

How To Automate Your Business In Any Industry

Convinced automation is the key to growth? Find out how to automate your business. Here’s an introduction that applies to every industry.
September 6, 2021
Workflow Automation: A Practical Introduction

Workflow Automation: A Practical Introduction

What could you accomplish if you weren't busy assigning tasks, checking on progress, and tracking completion? Workflow automation has the answer.
July 22, 2021
5 Surprising Intelligent Automation Benefits

5 Surprising Intelligent Automation Benefits

You know the major intelligent automation benefits. But did you know it can also reveal hidden bottlenecks? Learn this tech’s surprising advantages.