Consumer Lending Software

The Provenir Consumer Lending Software Platform enables financial institutions to condense and streamline consumer lending processes for reduced risk-exposure, decrease processing times, and improve customer satisfaction/retention.

Our consumer lending software platform is uniquely positioned to enable financial institutions to quickly configure a solution that provides complete end-to-end loan origination processing for all types of consumer lending applications, including direct loans, home equity loans, revolving line of credit, credit cards and auto loans. Our software can help you can improve the efficiency of your consumer lending operations by accepting applications electronically from any channel, automatically decisioning the applications and even suggest additional pre-approved products to the customer. Provenir's consumer lending software platform will enable you to reduce operational cost and complexity, improve customer service, and increase customer loyalty/retention.

Our Platform enables financial institutions to overcome the key challenges faced by consumer lending operations:

• Eliminate manual processes and fully automate the entire loan origination process
• Quickly implement flexible workflow strategy changes and additions
• Ensure consistent treatment of customers across all channels/touch points
• Effectively use data gathered during the origination process for cross-sell/up-sell

Benefits of Provenir's Consumer Lending Software
Using the Provenir Platform to configure a consumer lending solution allows financial institutions to increase their loan volume without adding employees. Processes can be streamlined to improve IT-business collaboration, decrease processing times, and grow margins while reducing operating costs.

Increase consumer lending productivity and reduce operational costs via

• Reuse of business rules, strategies, and scorecards throughout the customer lifecycle to ensure consistent treatment at all touch points
• Improved collaboration between Business and IT
• Access to granular credit bureau data
• Lowered compliance costs by ensuring that all lending business rules are consistently applied
• Automatic aggregation of customer relationship data
• Automatic creation and maintenance of documentation within the Provenir Platform and the ability to export to Word for external review
• Visually configuring business rules, matrices, scorecards, strategies and workflows by non-programmers
• Execution of the lending processes on any number of operating systems including Windows, Unix, Linux, z/OS and i5/OS allowing maximum flexibility in any institution’s operating environment

Improve customer service by

• Decreasing decision time to just seconds
• Accepting applications over multiple channels including the Internet
• Tailoring communication to accommodate customer preferences
• Instant access to credit, exposure, customer data, and other types of required information

For more details on the Platform’s benefits please email info@provenir.com