In most financial institutions, the debt appraisal process is thoroughly decentralised. Consider the financial forecasting process for example, existing workflows result in prolonged deliveries due to a heavy reliance on traditional inputs such as pen and paper, spreadsheets and word documents which are laborious and time consuming.
chpter. is on a mission to build financial forecasting infrastructure that will revolutionise the future of Property and Asset finance across Africa. Automation, Integration and Analytics are at the core of the solution being provided by the Chpter Integrated System (CIS).
Existing workflows mean credit specialists have to interact with a wide array of software applications to accomplish simple tasks in the debt appraisal process. Not only does this cause great inefficiencies but also possible data loss through unstructured operational processes. The result is inaccurate financial assumptions and delayed decision making.
The CIS workflow offers an integrated solution that allows for importing and cross checking of applicant data, financial forecasting through scenario analysis and quick reporting. This is done through CIS Integrate. Our integration module creates a framework where all tasks party to the debt appraisal process are undertaken in one place. This greatly increases efficiency and accuracy.
A single centralised data input framework will enable financial institutions reduce on missed opportunities and provide a significantly better experience in appraising debt for their customers. By leveraging our technology these institutions can reduce delays and increase turnover, ensuring high returns.