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Stories

How to cut processing for Foreclosure of Home Loans from 7 days to a mere 3

How do we help banks and financial companies with the management of loans and foreclosure?

For one client, here are the challenges we faced and the solutions we provided.

  • The Challenges
    • Collect loan documents
    • Process documents and segregate it into legal documents, agreements, share certificates
    • Store the documents securely
    • Generate the IT Certificate
    • Courier the documents to the customer
  • The Solution
    • Customers take loans from the Bank
    • After internal approvals at the Bank, the files are entrusted to Writer Information for pre-disbursement
    • We collect the documents, scan, digitise, and upload it to the Bank’s website using secure, dedicated connections
    • We report on the files received