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Credit Application Processing demo

Each applicant's dossier assembled, references chased and identity checked before credit. 1:35

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What the demo shows

Checks new-customer credit applications, references and IDs, and recommends terms

Each new applicant gets a dossier that assembles itself: slots for the application, the W-9, registration and ownership, ID and sanctions, the bank reference, three trade references and the credit report fill as agents finish, each with its source and key finding. A reference agent sends and chases the bank and trade reference requests, reads the replies and checks that every referee is a real, independent business. An identity agent verifies the registry, the owners, the signer's ID, sanctions lists and the TIN. A separate checker agent compares every fact across every document and flags anything that does not agree. The terms agent recommends a limit, terms and conditions with cited reasons, the credit analyst asks, approves, edits or declines with a reason code and an e-signature, and only then is the letter sent and the ERP account set up.

Transcript

  1. Credit Application Processing checks new customers' applications, references and IDs, and recommends terms.
  2. Credit teams say references are the biggest delay in approving new customers.
  3. Blue Pine Contractors asks for $75,000 on net 30.
  4. Its dossier assembles itself, each slot filled by an agent, with its source.
  5. Two of three trade references replied.
  6. $60,000 of high credit paid in 34 days.
  7. The checker compares 31 facts.
  8. One disagrees. Two digits swapped in the W.
  9. 9TIN. The term's agent recommends $50,000 on net 30.
  10. Once a corrected W, 9 matches.
  11. IV, the analyst, asks why not 75, then approves with reason codes.
  12. A counteroffer is drafted.
  13. The ERP account waits on a credit block.
  14. Every finding cited, every decision signed, every step logged.
  15. The aim, decisions in a day, and no shell applicant shipped.
  16. Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.