Our client is part of a global company known for making commercial and premium passenger vehicles. They produce and sell trucks, buses, and construction equipment worldwide. They also offer financial services, helping individuals and businesses with truck loans, equipment financing, and vehicle insurance. A Need for Change The client’s sales and credit teams manually managed auto loans, performing tasks such as KYC, credit bureau checks, and pre-underwriting. This resulted in inefficiencies like duplicated efforts, slow paper-based processes, delays in credit analysis, increased risk of errors, and poor collaboration between the sales and credit teams
Softude’s Role Softude developed a loan origination portal to automate loan processing, KYC, credit evaluation, and underwriting. The solution enables seamless collection of customer information and documents, consent-based data sharing, document verification through KYC and credit checks, and secure storage of information in formats such as PDFs and HTML reports.
Cost Savings Faster Loan Processing Less Turnaround Time Verification time was reduced from one week to well under 24 hours.
The self-service portal eliminated manual involvement.
Increased capacity to reach out and generate more business. Enhanced insights on leads and cases for better decision-making. The story of constructing a local advertising platform with a 1000+ monthly visitor base. A case study for a Real Estate client on how Softude transformed the operations of Real Estate clients with a... An e-wallet app for open banking payments and saving money on transactions. Let's work together to bring your ideas to life and make a positive impact on your customers.
Know Our Client
30-40%
70%
50%
Benefits in a Nutshell
01.
Efficient KYC Verification
02.
Zero Human Intervention
03.
More Loan Inquiries
04.
Decision Intelligence
Client Testimonial
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