A Mortgage Services Provider Modernizes its Loan Origination System Using BPMS
We have won the WorkFlow Management Coalition (WFMC) award for excellence in BPM for two years in a row with the important contribution of the Nividous team who demonstrably excelled in implementing the advanced BPM platform to address the challenges triggered by the company’s tremendous business growth.
Chief Technology Officer
A leading US-based mortgage company
Cost savings for employee onboarding
Reduction in processing time
Increase in revenues
Improvement in quality
Industry
- Finance
Solutions Highlights
- An advanced BPMS platform
- 40+ Business processes automated
- System takes care of 33 million steps automatically
A leading US-based mortgage company
The customer with over 25 years of experience in the industry needed a comprehensive solution to manage increased business volumes. The legacy loan origination system that served as a backbone for complete business operations lacked a modern user interface and caused several problems, including training and time to productivity for new employees, inability to quickly adapt to regulatory changes and lack of responsiveness.
Nividous developed an advanced enterprise-wide BPMS – Business Process Management System for automating 40+ manual processes.
Related Case Studies
Latest Blogs
The Robotic Process Automation (RPA) market is projected to soar to an impressive $50.50 billion globally by 2030. This surge […]
Data explosion is real. The amount of information we generate daily is staggering, estimated to reach 181 zettabytes by 2025 […]
The global Artificial Intelligence (AI) market in manufacturing is expected to reach $20.8 billion by 2028, with a CAGR of […]