The Automated Workflow Engine Helps Minimize Delays, Tedium, Errors
The Automated Workflow Engine (AWE) works by automating and accelerating your proprietary credit decisioning processes. No code, engineers or tickets. You customize the criteria yourself in an intuitive UX dashboard.
Increase Loan Approval Rates with Automated Underwriting
Are your employees wasting company resources on tedious tasks that could be automated?
How can you ensure loans are processed in accordance with fair-lending practices?
What can you do to minimize human error through automation without losing the human touch?
Automate Workflows for Your Lending Management Software
The Automated Workflow Engine enhances and expedites your proprietary credit decisioning processes. It enables instant application decisions without increasing risk or requiring a manual review.
With AWE, there's no need for complex coding, software engineers or support tickets. You can swiftly and effortlessly customize the criteria using an intuitive, browser-based UX dashboard. And, best of all, it comes standard with our loan origination software, GOLDTrak Online.
Automated Workflows, Automated Underwriting and Instant Credit Decisioning
See How Automated Workflows and Credit Decisioning Can Adapt to You
How Can an Automated Underwriting System Work For You?
The Automated Workflow Engine ensures your company adheres to fair-lending practices. It helps you to:
Save Time and Increase Efficiency
A primary benefit of implementing automated credit decisioning is its capacity to reduce repetitive and resource-intensive tasks. By using AWE, your team can focus on more strategic and fulfilling work.
You'll cut down wait times to seconds and improve overall customer satisfaction. This efficiency not only boosts client satisfaction but also raises morale by taking care of tedious administrative jobs.
Ensure Objective, Accurate and Consistent Decisions when Processing Loan Applications
Accuracy and consistency are essential in decision-making. Utilizing a decision tool ensures that your company adheres to established policies, maintains a consistent process flow, and prevents any steps from being overlooked.
Enhance Risk Management Through Analytics
The integrated analytics provide insights through "What If" scenarios, enabling your team to assess potential outcomes and refine strategies without interfering with current processes.
Minimize Biases by Adhering to Established Rules and Guidelines, Virtually Eliminating Human Error in the Decision-Making Process
The AWE facilitates fairness and consistency, which are requirements for maintaining customers' trust. By keeping to strict rules and guidelines, it ensures unbiased and transparent decision making.
This compliance with fair-lending practices drastically reduces human error and bias, increasing your credibility. Employees can feel good that all customers will receive equitable treatment, aligning with ethical standards and corporate values.
Automate Customer Correspondence
Customers can receive real-time updates on the status of their application via text message or email. Sending real-time notifications can help speed up the loan process, saving time and cost.AWEsome Things to Say
Don't take our word for it. Read what others who use the AWE have to say about us.
I’ve been in finance for over 30 years and have been waiting for an online origination system that doesn’t take a programmer to make changes. GOLDTrak Online is easy to use and understand. The flexibility this system offers makes all the difference in a fast-paced world. It allows customization of screens, drop-down options and even allows you to have multiple application templates. Can’t wait to see what the future holds for this system.
"Working with GOLDPoint Systems over the last 17 years has been a mutually beneficial partnership. The suite of software applications used has provided Sheffield the ability to grow its business and remain competitive in the consumer financing marketplace. Additionally, their progression to the new 'Lending Engine', demonstrates the commitment towards enhancing their technology stack as a long term strategy."
"We’ve been proud partners with Goldpoint since 2014, and it’s been an incredible journey working together in the consumer finance industry. As a preferred vendor, we’re honored to play a key role in helping deliver the kind of solutions and experiences our mutual clients deserve.
Our strong relationship is built on trust and collaboration, and our sales engineering team works very closely with the Goldpoint developers to deliver exceptional integrated solutions. By combining our expertise, we’ve been able to streamline payment processes and create an all-around positive experience for our clients and their customers.
We’re excited to continue building on our partnership with Goldpoint and can’t wait to see what we’ll achieve together next!"
"Our company converted to GOLDPoint Systems in 2015. We were looking for an all-inclusive lending software package that could not only meet our company’s current and future needs, but one that was provided by a financially strong and stable company. Being a smaller firm in the industry without a large IT Department to resolve issues between different software providers, we needed a one stop shop for origination, servicing, general ledger, and interfacing with industry related companies.
GOLDPoint’s software provides for all our essential needs: direct and indirect loan origination, loan servicing, imaging, online applications, payments, APIs with various industry providers, and electronic transmissions to our service providers. GPS is committed to industry and are aleading supporter of our industry’s national trade association – the American Financial Services Association (AFSA). We have truly appreciated and valued our working partnership and relationship with GPS over the past nine years."
"GOLDPoint Systems is a true ally of Solutions by Text, helping us deliver effective solutions to our customers. Their robust API integration into our FinText™ platform significantly enhances our customers’ ability to seamlessly communicate and service their loans within their loan management system, streamlining processes and improving efficiency.
I appreciate their team’s commitment to innovation, consistently finding new ways to meet our needs and adapting to the ever-changing financial landscape. Their collaborative approach ensures that we can achieve our business goals, enhance customer satisfaction, and maintain a competitive edge in the market."
What Capabilities Do We Offer with Our Automated Workflows?
Here are some of the features offered by GOLDPoint's automated underwriting tool:
- Browser-based interface for convenient access to view and maintain decisioning formulas
- Seamlessly integrates with your preferred third-party services to enhance decision-making and reduce fraud
- Capability to send notifications to customers at specific stages of the approval process
- Allows the creation of custom scorecard tables based on multiple variables
- Built-in analytics with the capability to run "What If" scenarios on potential engine modifications using existing data
- Swiftly and effortlessly implement new changes to your decisioning process or revert to a previous version within seconds
- Stores results for later retrieval and analysis, ensuring transparency and accountability
- Scalable to grow alongside your company
- API-based, enabling its use as a standalone utility
- Integrates effortlessly with the GOLDPoint family of applications; when using our loan servicing platform, the system can run pre-bureau decision processes to determine the eligibility of existing customers prior to calling third parties