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Ultimus Case Study: BPM for Efficient Loan Management
A full member of the Barclay’s Group, UK-based FIRSTPLUS Financial Group specializes in personal loans and loan refinancing. As with all businesses that experience rapid growth from the outset, its critical processes had evolved without much structured planning. That’s why FIRSTPLUS needed a strategic business process management (BPM) solution for structural process implementation and automation across different areas and functions.

loan  Study: BPM for Efficient Loan Management Ultimus Case Study: BPM for Efficient Loan Management Source: Ultimus Document Type: Case Study Description: A full member of the Barclay’s Group, UK-based FIRSTPLUS Financial Group specializes in personal loans and loan refinancing. As with all businesses that experience rapid growth from the outset, its critical processes had evolved without much structured planning. That’s why FIRSTPLUS needed a strategic business process management (BPM) solution for struct Read More...
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » loan


Case Study: Bank of Choice Cuts Loan Processing Days to Hours with Document Management Solution
With its recent rapid growth, Bank of Choice found that paper-based loan approval processes were standing in the way of providing the fastest and most effective customer service. The bank decided to adopt a document management system (DMS) based on software from a Microsoft® Gold Certified Partner. Find out how the bank improved customer service, reduced the costs associated with meeting regulatory compliance, and more.

loan   Bank of Choice Cuts Loan Processing Days to Hours with Document Management Solution Case Study: Bank of Choice Cuts Loan Processing Days to Hours with Document Management Solution Source: Microsoft Document Type: Case Study Description: With its recent rapid growth, Bank of Choice found that paper-based loan approval processes were standing in the way of providing the fastest and most effective customer service. The bank decided to adopt a document management system (DMS) based on software from a Read More...
5 Simple Steps to Choosing a BRMS for a Loan Origination System
Today, 70 to 80 percent of costs for processing loan applications are people-related. From a mortgage company’s perspective, this results in increased costs and decreased revenues. With ever-changing loan products, enterprises are forced to build or buy new loan origination systems periodically. And to meet these challenges, they’re choosing technology that focuses on solving business problems, not technical problems.

loan  a BRMS for a Loan Origination System 5 Simple Steps to Choosing a BRMS for a Loan Origination System Source: YASU Technologies Document Type: White Paper Description: Today, 70 to 80 percent of costs for processing loan applications are people-related. From a mortgage company’s perspective, this results in increased costs and decreased revenues. With ever-changing loan products, enterprises are forced to build or buy new loan origination systems periodically. And to meet these challenges, they’re choo Read More...
How Can You Top 95 Percent Automation Levels in Processing Loan Applications?
At any given time, one in four mortgage providers is looking to upgrade its loan origination system. The reason: its current system provides low rates of automation—including some processing functions that are not automated at all. Using people to process loan applications decreases profitability of a company in several ways, but by automating more processes, profitability can be improved—and the hidden costs eliminated.

loan  Automation Levels in Processing Loan Applications? How Can You Top 95 Percent Automation Levels in Processing Loan Applications? Source: YASU Technologies Document Type: White Paper Description: At any given time, one in four mortgage providers is looking to upgrade its loan origination system. The reason: its current system provides low rates of automation—including some processing functions that are not automated at all. Using people to process loan applications decreases profitability of a company in Read More...
CDC Software Wins at the Pivotal Auction. Now What? Part One: Event Summary
While Pivotal might have temporarily mitigated its protracted troubles by having the privilege to choose between three potential suitors, the time for some decisive moves is now, given that competitive pressures will not go away, but rather will intensify.

loan  a $2 million (USD) loan from chinadotcom bearing interest at the US prime rate to be used to pay $1.5 million (USD) to break from its Talisma agreement, fund working capital requirements, and for general corporate purposes. The parties anticipate that an application will be made to the Supreme Court of British Columbia to call an extraordinary meeting of Pivotal s shareholders to consider and approve the plan of arrangement in early January of 2004 and a proxy circular, in respect of such meeting, will Read More...
Banking Industry's Fair Value Accounting (FVA) Conundrum
Every company and almost every individual holds fixed assets. Over time, these assets change in value. For example, real estate tends to increase in value, while vehicle values decrease. <!--more--> In the US, as in most countries, the global crisis has resulted in declines in the real-estate market and employment sectors. These declines result in housing and business property holdings dropping

loan  are unable to make loan repayments against inventory or unsecured loans and are heading for Chapter 11 protection (bankruptcy protection). Banks are facing major unrecoverable losses. What the banks are asking of the Securities and Exchange Commission (SEC) is for relaxation of “fair value accounting,” which has to do with classifying assets. The SEC is resisting, though sympathetic to the finance industry requests. The door was left slightly ajar if companies would consider the following statements Read More...
Vendors Jostle and Profess Economic Stimulus Readiness - Part I
<!--StartFragment--> At Deltek’s Insight 2009 user conference last May, the host software vendor did a notable thing. Namely, besides merely putting on an all-too-common multi-day conference chock full of product announcements, functional breakout sessions, and industry best-practice discussions, Deltek decided to fill a market need by convening a separate “track” that was dedicated to

loan  billion for  renewable energy loan guarantees There have also been incentives for manufacturers of green energy products, with the idea of creating so-called  green collar jobs . Some of the stimulus bill’s labor specifics would be $3.95 billion for training and  employment services that includes $500 million for job training in energy efficiency and $250 million toward creation of Job Corps Centers.    Where Else Will the “Dough” Flow? Approximately half of ARRA spending will flow to states Read More...
chinadotcom In The "Process" of Acquiring Ross Systems
Mid-market process ERP vendor Ross Systems is being acquired by its Chinese distributor, chinadotcom. Unlike some recent acquisitions that are based on the consumption of weaker players to pilfer a customer base, this acquisition appears to provide both parties with solid strategic benefits. This may be an acquisition made of the right reasons - to capitalize on a market growth opportunity.

loan  agreed to finance a loan facility for the holding company of up to a further $25 million. The analysis of the IMI acquisition may come up in a separate research article some time in the future. This is Part One of a two-part note. Part Two will discuss the challenges and make user recommendations. Ross Year 2003 Highlights In any case, chinadotcom believes that the acquisition of Ross Systems, a profitable company with solid margins and recurring revenue streams, represents an attractive and Read More...
Gaining Competitive Advantage through Global Product Development
Product development is a mission-critical process. And it can also be very expensive. But thanks to modern computer-aided design (CAD), computer-aided engineering (CAE), computer-aided manufacturing (CAM), and product lifecycle management (PLM) systems, many manufacturing companies now have the tools that allow better alignment of cost and value-add. This is what’s referred to as “global product development.” Learn more.

loan  and value-add. Claims processing, loan processing, help-desk support, and many similar functions that were performed by people sitting in front of computer screens all day offered another opportunity: why not teach offshore resources to perform the very same function at a fraction of the cost? Consequently, many of the offshore IT services companies jumped into this adjacent business opportunity, while a new class of pure play business process outsourcing (BPO) firms was created as well. All of which Read More...
Vendors Jostle and Profess Economic Stimulus Readiness – Part I » The TEC Blog
Discussing Enterprise Software and Selection

loan  billion for  renewable energy loan guarantees There have also been incentives for manufacturers of green energy products, with the idea of creating so-called  green collar jobs . Some of the stimulus bill’s labor specifics would be $3.95 billion for training and  employment services that includes $500 million for job training in energy efficiency and $250 million toward creation of Job Corps Centers.    Where Else Will the “Dough” Flow? Approximately half of ARRA spending will flow to states Read More...
The Impact of IT Service on Business Process Management
There are potential benefits of operating business process management (BPM) side-by-side with business service management (BSM). BPM and BSM are emerging technologies: BPM is concerned with the orchestration and management of effective business processes, while BSM focuses on the operational effectiveness of the enabling IT services. These technologies are mutually beneficial to one another. This white paper is intended for managers interested in implementing robust BPM solutions in IT-dependent business scenarios or managers looking to lay down a basic foundation for effective on-demand utility computing. It addresses the partnership between Fuego and Proxima Technology, vendors in BPM and BSM solutions.

loan  example, in an online loan application system, a BPM system may identify application drop-outs and abnormally high application failure rates , but the IT components that are the root cause of this problem - such as poor Website response or the failure of a firewall - may not be part of the BPM picture. Addressing this problem is not as complicated as it may sound. The IT infrastructure is already well managed through tools and technologies - a discipline referred to as network and systems management Read More...
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