SlideShare a Scribd company logo
1 of 55
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
Moving towards a Enterprise Document Management
Solution Along with
Linear Workflow Automation
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
CONCEPT OF SOLUTION
PROCESS DESIGNED
STEP BY STEP EXECUTION
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
Solution Highlights
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
Fax
Email
Capture
Scan
Web Site
ArchiveStorage
Metadata
Index
ADDING VALUE TO THE END TO END SOLUTION
LEVEL OF APPROVALS
THROUGH
OMNIPROCESS
BIG SOLUTION SMALL PRICE
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
The Bank intents end-to-end automation of Loan Origination process and further
improve quality of services, increase efficiency of operations and monitor the complete
process.
Newgen LOS Solution is a multi-tiered, platform independent Linear Workflow
Management solution built using robust server-side Java & J2EE technologies.
Newgen serve as an open standard, scalable, high-volume transaction system, capable of
offering maintainable solutions for organizations in the lending industry
Levels Of Approval
Levels Of Approval
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
Key Benefits of the Solution:
• End to End automation of document intensive Loan processes, where users
can see documents and data on single screen.
• Automated Identification of fraudulent cases during initiation and archival for
future reference.
• Instant Loan summary template for review and approvals by senior
management.
• Flexibility to change the processes as per Market requirements without any
changes in Core application.
• Routing of the cases to appropriate authority on the basis of applied loan limit.
• Mandatory document/Process checks listing at the time of initiation to reduce
the rejections.
• Extending the reach of the to DSA (Direct Sales Associate) for initiating the Loan
approval
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
CONCEPT OF SOLUTION
PROCESS DESIGNED
STEP BY STEP EXECUTION
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
CONCEPT OF SOLUTION
PROCESS DESIGNED
STEP BY STEP EXECUTION
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
https://cloud.newgensoft.com/newgensaas/ngsoft.odlogin
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS
AUTOMATION OF LOAN ORIGINATION PROCESS IN OMNIPROCESS

More Related Content

More from Newgen Software Technologies Limited

Webinar: Wealth Management Reporting- Leveraging BPM and CCM to drive Custome...
Webinar: Wealth Management Reporting- Leveraging BPM and CCM to drive Custome...Webinar: Wealth Management Reporting- Leveraging BPM and CCM to drive Custome...
Webinar: Wealth Management Reporting- Leveraging BPM and CCM to drive Custome...Newgen Software Technologies Limited
 

More from Newgen Software Technologies Limited (20)

CSR Week: Write up competition
CSR Week: Write up competitionCSR Week: Write up competition
CSR Week: Write up competition
 
CSR Week: Volunteer of the Year
CSR Week: Volunteer of the YearCSR Week: Volunteer of the Year
CSR Week: Volunteer of the Year
 
CSR Week: Tambola
CSR Week: TambolaCSR Week: Tambola
CSR Week: Tambola
 
CSR Week - Prestigious Donors
CSR Week - Prestigious DonorsCSR Week - Prestigious Donors
CSR Week - Prestigious Donors
 
Newgen CSR - Post CSR Week
Newgen CSR - Post CSR WeekNewgen CSR - Post CSR Week
Newgen CSR - Post CSR Week
 
CSR Week: Diya Painting
CSR Week: Diya Painting CSR Week: Diya Painting
CSR Week: Diya Painting
 
CSR Week - Selfie Competition
CSR Week - Selfie CompetitionCSR Week - Selfie Competition
CSR Week - Selfie Competition
 
Platformize to Fast Track Digital
Platformize to Fast Track DigitalPlatformize to Fast Track Digital
Platformize to Fast Track Digital
 
The art and science of digital
The art and science of digitalThe art and science of digital
The art and science of digital
 
Csr program newgen software
Csr program   newgen softwareCsr program   newgen software
Csr program newgen software
 
Delivering Digital Customer Experience
Delivering Digital Customer ExperienceDelivering Digital Customer Experience
Delivering Digital Customer Experience
 
[Newgen CSR] It’s all about Responsible Corporate Citizenship
[Newgen CSR] It’s all about Responsible Corporate Citizenship [Newgen CSR] It’s all about Responsible Corporate Citizenship
[Newgen CSR] It’s all about Responsible Corporate Citizenship
 
The Human Element in Digital
The Human Element in DigitalThe Human Element in Digital
The Human Element in Digital
 
Customer Experience - Beyond Processes Of Today
Customer Experience - Beyond Processes Of TodayCustomer Experience - Beyond Processes Of Today
Customer Experience - Beyond Processes Of Today
 
Human Element in Digital
Human Element in DigitalHuman Element in Digital
Human Element in Digital
 
Adventures in the Digital Wonderland
Adventures in the Digital WonderlandAdventures in the Digital Wonderland
Adventures in the Digital Wonderland
 
Enabling Digital Transformation in Life Sciences Industry
Enabling Digital Transformation in Life Sciences IndustryEnabling Digital Transformation in Life Sciences Industry
Enabling Digital Transformation in Life Sciences Industry
 
Webinar: Wealth Management Reporting- Leveraging BPM and CCM to drive Custome...
Webinar: Wealth Management Reporting- Leveraging BPM and CCM to drive Custome...Webinar: Wealth Management Reporting- Leveraging BPM and CCM to drive Custome...
Webinar: Wealth Management Reporting- Leveraging BPM and CCM to drive Custome...
 
Newgen Vendor Registration Solution on Cloud
Newgen Vendor Registration Solution on CloudNewgen Vendor Registration Solution on Cloud
Newgen Vendor Registration Solution on Cloud
 
Newgen Account Opening Solution on Cloud
Newgen Account Opening Solution on CloudNewgen Account Opening Solution on Cloud
Newgen Account Opening Solution on Cloud
 

Recently uploaded

Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Anamaria Contreras
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFChandresh Chudasama
 
Pitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckPitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckHajeJanKamps
 
digital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingdigital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingrajputmeenakshi733
 
Appkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxAppkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxappkodes
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsIndiaMART InterMESH Limited
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdfChris Skinner
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdfMintel Group
 
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfGUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfDanny Diep To
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Americas Got Grants
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfJamesConcepcion7
 
BAILMENT & PLEDGE business law notes.pptx
BAILMENT & PLEDGE business law notes.pptxBAILMENT & PLEDGE business law notes.pptx
BAILMENT & PLEDGE business law notes.pptxran17april2001
 
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...ssuserf63bd7
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdfChris Skinner
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdfShaun Heinrichs
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOnemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOne Monitar
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...Hector Del Castillo, CPM, CPMM
 

Recently uploaded (20)

Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDF
 
Pitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckPitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deck
 
digital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingdigital marketing , introduction of digital marketing
digital marketing , introduction of digital marketing
 
Appkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxAppkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptx
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan Dynamics
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
 
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfGUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdf
 
BAILMENT & PLEDGE business law notes.pptx
BAILMENT & PLEDGE business law notes.pptxBAILMENT & PLEDGE business law notes.pptx
BAILMENT & PLEDGE business law notes.pptx
 
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors Data
 
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring CapabilitiesOnemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
Onemonitar Android Spy App Features: Explore Advanced Monitoring Capabilities
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
 
WAM Corporate Presentation April 12 2024.pdf
WAM Corporate Presentation April 12 2024.pdfWAM Corporate Presentation April 12 2024.pdf
WAM Corporate Presentation April 12 2024.pdf
 

Newgen Loan Origination Solution on Cloud