Processing customer applications is manual, tedious, and time-consuming.
How long does it take your team to onboard a new customer? Customers often wait as long as two weeks for a credit decision.
Applications submitted via fax or email are often hard to read, incomplete, and contain invalid entries. As a result, credit teams spend countless hours chasing down references, verifying bank details, pulling credit reports, and following up with customers before being able to set up a customer account.
This lost time doesn’t just slow down the credit team, it slows down the whole company. Sales reps cannot convert their leads, and customers cannot submit orders.
Digitize customer onboarding and automatically verify submissions.
Free your team from repetitive, manual tasks. Have all the insights you need to make good credit decisions, fast.
- Get complete, validated submissions and reduce back and forth with applicants
- Protect against fraud with IRS verifications, domain trust scores, and address listing lookups.
- Automate data collection from banks, trade references and credit bureaus
- Update customers and sales reps automatically when decisions are made
Reduce time & effort to approve applications by 68%*.
- Reduce labor time spent on manual information collection
- Decrease time-to-sale and improve customer satisfaction
- Foster trust & collaboration between Sales and Finance teams
We’re seeing credit approvals happen 50% faster than they did before Nuvo.
We're now achieving revenue more rapidly, and creating a better customer experience for our customers, too.
Furthermore, our sales reps and finance team have complete clarity on the status of each credit application.
