Following the onset of the second round of SBA PPP funding, increased numbers of applicants seeking relief continues to grow, lenders are struggling to keep up with many of its administrative demands. Overwhelmed with collecting and validating documents, determining eligibility criteria, and processing requests, lenders face backlogged applications and their customers can experience slow response times.
Blue Prism, in partnership with ABBYY, Bizagi, and Lateetud automates the entire end-to-end mortgage and loan relief application and submission process, resulting in:
Expedited processing – Validate, calculate, record, submit, and track requests in minutes
Content Intelligence – Convert unstructured documents into structured, usable content for further processing
Production-ready deployment – Set up in days, on-prem or in your existing cloud platform of choice (Azure, AWS, Google)
Increased efficiency – Execute quickly & accurately with a digital workforce that complements existing employees
Full audit trail – Provides 100% compliance & accuracy, enterprise security, and fraud detection
Web and mobile customer front-end – Collaborate with customers and lending staff efficiently via intelligent chatbot.
Register today to see how rapid automation can help you streamline loan applications and forgiveness at your organization.