Ship an online loan disbursement system quickly.

Better user experience: A simple, user-friendly interface can make it easier for your company employees to navigate the entire process that can otherwise be pretty time-consuming and manual.

Customization: Off-the-shelf tools often lack the features or integrations with other tools that your teams need to automate and manage the multi-step and complex loan disbursement process.

Scalability: You can modify your custom dashboard to include new data sources, features and functionalities as your internal processes evolve.

Control and compliance: Have more control over the development, maintenance and upgrades of your dashboard and ensure you are compliant with all the relevant, evolving regulations.

Flexibility: Build a dashboard you don’t need to rebuild again in 12 months. Easily adapt to changing requirements, internal processes, and new tools and technologies.

Competitive advantage: a custom tool can give your team a competitive advantage by improving their service and speed while also making the process more efficient.

Complex regulations: The loan approval process must be compliant with a wide range of federal and state regulations, which can be complex and difficult to navigate.

User experience: Providing a user-friendly and intuitive interface for the various teams to view, understand, and analyse important information can be a challenge without experienced frontend engineers.

Data integration and cleaning: It can be difficult to integrate with existing systems data as well as clean all the necessary data for the dashboard, such as credit scores, income, employment history, etc.

Data privacy & security: Ensure your customer data is protected from unauthorized access. You can use Appsmith’s built-in role-based access controls to set user permissions before sharing the dashboard with your end users to solve this.

Traceability and auditability: The tool should provide a way to track and audit the loan disbursement process, including the decision-making process, the disbursement of funds, and the communication with the borrower.

Loan operations teams: responsible for application processing, disbursement management, underwriting loans, and disbursing funds to borrowers.

Accounting and finance teams: to maintain clean records of all loan disbursements in the organization's financial statements

Risk management teams: to monitor the loan portfolio and ensure compliance with regulations.

Compliance teams: to ensure that the organization adheres to all relevant regulations and laws.

Customer service teams: for responding to customer inquiries and providing assistance with the loan disbursement process.

IT teams: for checking and ensuring that the system is secure and reliable.

Sales and marketing: to understand their potential customers’ profiles better.