DATA MANAGEMENT FOR A BIG MERCHANT CASH ADVANCE PROVIDER
faster turnaround times
form submission processing
dedicated team members
We all live in a digital world where data drives the progress. No matter how time-consuming it might be, the main indicator moving any company success is accurate and on time data processing. And it’s not only about the data, but about its volume, workflow streamlining and optimizing on a regular basis. The company offers extensive funding solutions to small businesses across a variety of industries including manufacturing, retail, transportation and many others. Service provide innovative and creative funding by not only just looking at the credit score, but take into account a plethora of other characteristics that reflect the health of the business.
The major challenge small businesses face today is financing.
For small businesses hoping to restock, increase or upgrade inventory and expand the current economic climate is proving challenging. Recent SBA findings highlight that businesses are currently facing financing issues that are considered to be one of the biggest hurdles for growth. Only less than 10% are able to receive loans from their bank. And for those who are lucky it normally takes at least several weeks to go through the loan process. This puts even more pressure on the business.
We work as an extension of the company’s data management team allowing them to concentrate on their core business processes and help them achieve business goals in a long perspective. Our BPO services cover two main business functions as back-office solutions along with Finance and Accounting (F&A).
In order for small businesses to get funding in a matter of days, we need to ensure all the form submissions along with other business metrics are processed and standardized before it gets into the CRM. We apply various validation techniques to warrant the accuracy of data.
We provided an innovative solution that includes both process and technology aspects to expedite data entry turnaround times. This allowed company to focus on their main business and improve financial agility that positively impacted the business growth.
Our quality and security control along with the dedicated team enabled us to deliver the results to the client at the earliest possible time allowing small businesses get their loan approved in the shortest time possible.
Overall, the result is an immensely satisfied client who is considering increasing the work.