SME Lending Data Sheet_07 27 2022

Maximize Value Across the Entire Customer Lifecycle

Provenir for Small-to-Medium Enterprise Lending Faster Approvals. Smarter Decisioning.

“The key customer requirement is to get funding as quickly as possible. We needed a platform that would enable us to gain efficiency by automating data gathering and simplifying underwriting. The flexibility of Provenir allows us to create our own risk decisioning workflows that can easily connect with any data source.” - Novuna Lending to small-to-medium enterprises (SMEs) is highly competitive, with customers demanding rapid responses. Making customers wait is a sure-fire way to lose their business – SMEs are looking for simplified application processes, automated decisions and high approval rates so they can get access to the funding they need, quickly. At the same time, SME lenders must cope with ever-increasing regulations that require careful scrutiny of each loan to reduce risk and ensure compliance. AI-Powered Decisioning With Provenir’s AI-Powered Decisioning Platform, you gain a unified, flexible solution to manage all of your SME origination and risk decisioning operations, as well as real-time analytics and insights to power rapid innovation. Leveraging advanced automation, rapid data integration, smarter decisioning and the power of artificial intelligence, Provenir simplifies and streamlines every step in the process. Simply put, we enable you to make the smartest decisions, faster. Beyond just data integration and decisioning, we offer you real-time views of your decisioning performance, uncovering actionable insights and opportunities so you can pivot faster and rapidly deploy changes. Because we know the world of SMEs changes rapidly, Provenir’s unified platform enables you to deliver fast, outstanding customer experiences and shorten time to revenue, while minimizing risk and continually driving your risk strategy innovation.

Agile Technology to Simplify SME Lending Provenir’s solutions for SME lending put the power of change into the hands of your business. Innovative, user-focused tools empower business users and IT to quickly build efficient, customer-focused SME lending processes. Real-time data and auto- optimization with AI allows you to identify growth opportunities, pivot to new business lines and respond faster to market trends. Key Benefits: • Find data partners and use data across decisioning processes, with simple integrations on a single API • Improve responsiveness with instant decisioning and straight-through processing • Determine risk and next best action with automated data enrichment and risk decisioning • Increase compliance with risk models operationalized in decisioning processes • Achieve greater business agility with business-friendly, no-code, drag-and-drop configuration tools to create and change processes • Enhance collaboration , while encouraging creativity for business growth • Improve data models with real-time insights, and auto-optimization to enhance model performance and accuracy • Empower growth with solutions that support the full SME customer lifecycle, including onboarding, fraud prevention and ongoing credit line management Choose Provenir For: Loan Origination • Automate decisioning for all credit and loan requests. Provenir recommends the next best action for each customer, including yes, no or further referral. Credit Risk Analytics and Decisioning • Efficiently predict risk for each credit request. Provenir automatically aggregates and enriches data, applying the right risk model developed in virtually any tool to the decisioning process. KYC Compliance and Onboarding • Reduce compliance costs with orchestrated KYC and AML processes that automate data gathering and standardization, identity verification, due diligence and decisioning.

Explore What’s Possible

Page 1 Page 2

Made with FlippingBook Digital Publishing Software