DIGILOANS WORKFLOW MANAGEMENT

ABOUT THE CLIENT

With over 13 years of experience, Digi Loans provides financial aid to those in need through financial partners. Available in 29 states and partnered with 71 banks/NFBCs, they aim to make the requirements affordable to all.

WHAT WAS NEEDED

Digi loans aim to reach the unreached and assist them to achieve their financial requirements through carefully curated loan products. Here are their requirements for scaling their business with the following objectives:

  • Create an application that deals with accounts payable and receivable processes - all in one place.

  • Make the process of analysing KYC and bank statements seamless.

  • Simplify the process of tracking leads and identifying payment behaviour analyzer.

  • Find an unchallenging way for downloading reports that are being done manually.

WHAT WE DELIVERED

We have always been known for delivering beyond expectations and hence, we did the same for DigiLoans. We took the methodological approach to solve their challenges that you can find below:

  • Building life-cycle management that helps in deriving insights from the account payable and account receivable processes. Identifying outliers and detecting anomalies were also taken into consideration.

  • Deriving key pointers indicators that are specific to the connector’s payouts.

  • Executing value-added services that include KYC, bank statement analyzer, and CIBIL check.

  • Simplifying the process of downloading reports manually through the implementation of RPA.



FINAL RESULTS

The final results through our approach are as follows:

  • Help in creating a one-stop shop for payment and expenses.

  • Improvement in manual processes by more than 60%.

  • Reduction in data loss by 30%.

  • Reduction in manual work of month-end processing from 8 hours to less than 5 minutes with RPA.

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