Accelerated Customer Onboarding by 56% & Saved 40% in FTE Costs with Automated Credit Management
Impact Achieved
50%
Reduction of Credit Approval Layers
56%
Reduction in Average Approval Time
15%
Increase in Auto Approvals
40%
Reduction in Team Size Making Savings in FTE Cost
We reduced dramatically the number of approved layers. This average to approve a credit limit dropped from nine to four, which is basically because we got rid of people that we didn’t go into having the approval flow.
Santiago Tommasi
Senior Credit Manager
The Mosaic Company
