Faster & Better Decision Making
The DLOS allows borrowers to submit their loan application online, which can include information such as personal details, income, and employment history.
Optimization of Internal Process
The DLOS can verify the borrower's identity using electronic verification methods such as e-signatures and ID scanning.
Improved Operational Efficiency
The DLOS can use the borrower's credit score, income, and employment history to determine their creditworthiness.
Improved Revenue Growth
The DLOS can use the information provided by the borrower and credit analysis to automatically underwrite the loan, this can be done by using pre-configured rules, underwriting models, and decision engines.
Identify Market Trends
The DLOS can generate loan documents such as promissory notes and loan agreements, these documents can be generated in an automated way, and borrower can sign them electronically.
Identify Spot Business Problems
Once the loan is approved, the DLOS can disburse the funds to the borrower's account.
