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How Our Client Efficiently Automated their Loan Data Processing using RPA bots
September 28, 2021
Idhaya M V
Introduction
Our client is a bank headquartered in Texas with over $969.7MM in total assets. Operating since 2008, the client provides deposits, loans, insurance, lockers, mortgage solutions, online banking, and merchant services.
Our client is listed in “2020 Best Workplaces”, and their organization is certified for positive workplace culture.
Challenge Faced
The Loan Administration team currently moves loan documents from folder to nCino system based on different document types. As a part of this manual activity, the loan documents are split into multiple files based on specific keywords and rules. Our client looks to automate this activity using RPA platform-based bot.
Solution
Loan Data Processing Bot developed as part of this automation initiative provides provisions to process loan documents from folders, split the loan document based on document types and upload the document to the nCino system.
The automation solution developed significantly reduced the manual effort and accelerated the entire data processing while minimizing data errors.
This is not All!
There is more to the story! Just fill in your details, and we will immediately mail the complete case study where you can dive deep into our tools, technologies and methodologies that helped our client transform their process.
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