By adding an easy-to-use self-service workflow, loan applicants malaysia business email list can apply directly on your website. In fact, this type of plug-and-play workflow can work directly on an existing web page without requiring applicants to switch systems or set up multiple logins.
2. Standardize rules and requirements
A custom ProcessMaker workflow makes it easy for customers to navigate the application journey. Application forms can feature buttons, drop-down lists, and more to ensure applicants answer all the questions required for a particular loan type. You can even set up logic to quickly catch errors or fill out follow-up questions.
3. Implement workflows that fit your current capabilities
Automated workflows are designed to work alongside you and meet your changing needs. One of the benefits of the new CARES Act is that loan officers can complete SBA applications on behalf of the borrower. Is your team ready and able to handle loan applications? You can set up another parallel workflow for a member of your staff to complete the form on behalf of the end user. The system can automatically generate a portal where the borrower can log in to review the application, make any necessary adjustments, add their banking information, or approve the deposit request. This portal establishes a complete audit trail, allowing you to see the status of the application at every step of the process.
