How Credit Teams are Reducing Costs while Improving Speed and Accuracy
67% Faster Customer Onboarding: How Credit Teams are Reducing Costs while Improving Speed and Accuracy
About the Video:
Credit leaders have identified paper-intensive application processes as the major bottleneck in onboarding new customers. Paper applications are error prone and involve manual tasks which delay onboarding. But with delays caused by a multitude of clerical tasks including credit scoring, cross-team communication and auditing of application data, is an electronic credit application enough to speed this up?
Join us as we discuss how credit leaders have leveraged automation of manual, clerical tasks to move beyond the paper-based and manual process in as little as a two days. This has enabled them to drastically speed up customer onboarding by more than 67% while re-focusing their effort on high-value credit management tasks.
Jay Tchakarov, VP, Product Management & Marketing, HighRadius