Scoring Tool
Faster Approvals and Funding
Semos is creating online marketplaces where Banks can gain the ability to provide a better customer experience, increase loan and reduce their cost, making it easier for clients to apply for their offers, removing bad and avoidable interactions from the branch and contact centers, and devising a more agile operating model. The generic Loan approval process is a workflow that can provide a rich set of functionality to track and manage all tasks of the loan process starting from the moment when an application is submitted until the final decision. Since companies may have their own specific tasks and information, we propose this as generic workflow that can be tailored to the specific needs of your organization.
Improve productivity
- Track each step of workflow from submission of a request by a client through risk evaluations and to the decision. The software will help keep track and organize workload of your staff
- Customize for specifics of your business based on the provided template or defined processes
- Automating the Underwriting Process
- Utilizing Data - massive number of data points to determine how likely the borrower is to repay the loan
Online Loan Approval
- Online registration
- Log on system
- Validation
- Choose your product
- Fulfill personal and loan information
- Attach documents
- Utilizing data and calculate loan score
- Seal and verify
Revitalizing the business of banking with digital lending
- Convenience The process is as simple as applying for a personal loan from the comfort of your home
- Better customer experience Provide more loans with no additional risk or staff, and reduce cost per loan
- Better decisions Choosing the right loan by knowing there potential interest rate and the fees attached to the loan
- Improve transparency and compliance Automated approval processes will be defined and repeatable