SociƩtƩ GƩnƩrale is a French multinational banking and financial services company headquartered in Paris.
Sales
Loan approvals
Challenge
One of its subsidiaries needed a faster and more efficient way to check consumerĀ loan requests, a process involving nearly 100 steps. The as-is process was taking on average 20 minutes and required many manual steps for operations usersĀ to complete.
Solution
eBA workflow and document management solutions were implemented to automate all the process steps involved inĀ evaluating and approving consumerĀ loan requests. Due to different SLAs in terms of response time governing various types ofĀ loans requested, different rules had to be set-up depending on theĀ type of loan requested. eBA also needed to be integrated with 7 different external databases to pullĀ relevant information for loan evaluation.
Time to Implement eBA
> 160 hours
Result
eBA saved SocieĢteĢ GeĢneĢrale significant time and money by reducing by 50%Ā theĀ loanĀ evaluation and approval processes. Operational costs decreased 60% because eBA enabled moreĀ loan processes per day with fewer operations users. And customer satisfaction doubled as a result of faster loan decisions.