STREAMLINED, EFFECTIVE, AND SEAMLESSLY INTEGRATED
RISK MANAGEMENT AND LOAN ORIGINATION SOFTWARE
Efficiently navigate the commercial loan and credit process with BusinessBANKER. Our SaaS platform is meticulously crafted for simplicity, effectiveness, and seamless integration with existing Core Banking and CRM systems. Experience a guarantee-backed, intuitive approach unlike any other origination system.
The result for our customers:
- Increased productivity and quality of customer service by 75%
- Costs reduced by 30%
- Double the number of loans initiated with the same staff
- Error rates and re-edits slashed by 98%
END TO END SOLUTION TO GROW YOUR BANK
EFFICIENT
MORE LOANS WITH FEWER RESOURCES
RISK SCORING
BETTER LOANS WITH LESS RISK
POWER WORKFLOW
FASTER TO ISSUE WITH FEWER ERRORS AND RE-WORK
COMPLIANCE
COMPLIES WITH BANKING RULES AND REGULATIONS
HIGHLY FLEXIBLE
ADAPTS TO YOUR BANK OR CREDIT UNION
GO-LIVE FAST
EFFICIENT CONFIGURATION
ALL IN ONE SUITE TO ORIGINATE
YOUR COMMERCIAL LOANS
Track Analyse Plan Communicate
PROCESS DRIVEN
Our system does all the heavy lifting. Initiate your loan and let the system automatically initiate the next steps.
RISK SCORING
Every bank has some kind of risk scoring algorithm. We integrate your special risk scoring recipe and you can improve it over time.
1 SCREEN REVOLUTION
Competition is stiff. Being the first to approve the loan increases your chance of success in closing more deals!
THE SOLUTION THAT DOESN’T JUST STAND OUT,
IT STANDS APART
Our clients are in the driver’s seat with our solution. BusinessBANKER Commercial Loan Origination Software is not only the best way to grow your business, it’s also the simplest and fastest to implement.
- Increased operational efficiency
- Risk scoring
- Compliance and regulatory management
- Optimized flexibility that adapts to your bank
- Automated workflow
- Mobile responsive
- Document management
- Analytics and reporting
- Covenants
- Collateral management
- Risk scoring
- Auto decision and AI
- Can be up and running in a couple of weeks
- And much more!
FEATURES YOU WILL LOVE!
The Cognitive Approach to Loan origination
We offer our unique cognitive approach to process your loans with our powerful one-screen process. This revolutionary approach is easy for your team to understand, to process, and to apply. It is also the only one that can be implemented in as little as 72 hours. You will gain unbelievable efficiency and boost profitability in a matter of days
Multilingual & translatable
Our solution can be implemented anywhere. Not only is it multilingual and translatable to any language, it also complies with all the credit origination process rules and regulations in force across the globe.
Simplify Compliance Worries with a Practical Solution
Loans are typically stored in various formats and locations, including different systems and emails. Ensuring compliance across these diverse elements can be a source of concern for compliance officers. Our system offers defined processes, centralized data, and reporting to facilitate the seamless management of compliance projects.
Simplify the collection of ALL your loan origination documents
Experiencing challenges with document gaps during the loan origination process or at its conclusion? Dealing with redundant data entry issues? BusinessBANKER’s document management tool simplifies document processing and minimizes data redundancy. Our risk analysis, knowledge, and advanced technology streamline the gathering and management of documents, presenting them in an intuitive consolidated view.
Integrate to your CRM or your Core Banking interface
BusinessBANKER loan origination software lies on top of your core systems. Integrating your core banking system can be done through our connectors.
You need your loan origination to connect to your CRM? Our API is made to be tailored to most major CRMs such as Salesforce or Microsoft Dynamics.
State of the art technology
BusinessBANKER is powered by an asynchronous smart code that never slows down your process. Our private and dynamic system seamlessly pushes your loan from origination to closing the deal. Your loan process is accessible 24/7, even on your smartphone or tablet.
Eliminate Redundant Editing and Re-editing in Loan Processes
A notable 36% of complex loans undergo rework due to their intricate nature, involving approximately 50 to 100 steps, various levels of approvals, and multiple contributors. This complexity often leads to rework and unnecessary edits. Our tool incorporates a distinctive business process engine designed to circumvent these issues. The workflow management is flexible, catering to banks of varying sizes, from small start-ups to multi-billion-dollar institutions.
For sales representatives, tracking the progress of loans is crucial for expediting deals and earning commissions. Managers seek insights into team performance, identifying key contributors in the workflow. BusinessBANKER facilitates a genuine digital transformation in loan origination, enhancing market leadership and overall efficiency. The system’s unique reporting capabilities minimizes training requirements for teams and is ready for immediate use.
Easy to use interface
BusinessBANKER is a comprehensive platform facilitating the processing of commercial loans from initiation to closure. Its design incorporates a unique scientific cognitive engineering approach and AI, enhancing employee productivity. It stands out as the sole loan origination system employing these advanced techniques, resulting in a revolutionary consolidated approach to the origination process.
Eliminate Uncertainty With our Flexible and Unique Risk Scoring
Loan risk assessment is a blend of knowledge, experience, rigor, analysis and a pinch of art. Our tool helps banks and credit unions increase their capacity to reduce these uncertainties. Our tool will provide you with a risk score that will not change over time. However, you can adjust your scoring tool at any time to reflect new parameters that will reduce risk over time.
Why BusinessBANKER Loan Origination Software is Unique
BusinessBANKER was born from cognitive engineering and AI. Which means that it comes from a systematic analysis of all the tasks and decision-making processes associated with the granting of loans and credits, first for a large international bank, then optimized for adoption in all types of institutions.
How was BusinessBANKER Developed?
The BusinessBANKER loan granting system was born from a multi-year collaboration between the Royal Bank of Canada and Cognitive Group, a leader in the optimization of banking processes and machine/human interfaces. It was designed in three phases to complement and enhance existing core banking, CRM and ERP systems:
1. Process Identification
Cognitive task analysis
Capturing “thinking out loud” processes of 8-10 users
Analysis of transcripts
2. Separation Between Human Tasks and AI Tasks
Identify the decision steps
Eliminate redundancies
Give calculations and tasks that can be carried out via AI to the machine
Interface design
3. Repeat For All Processes
Including that of optimizing the development of Workflow and Configurator interfaces
“BusinessBANKER achieves a level of simplification that would only have been possible using a human-centered design approach. We engaged them initially for their capability in simplification. Results were so impressive we decided to give them our overall business processes review.”
CRAIG SMITH
VICE-PRESIDENT, ROYAL BANK OF CANADA