The MAPS Multiple Application Processing System has been designed specifically to assist organisations that need to make complex, recurring decisions on applications in a constantly changing environment.
MAPS brings three main advantages to an organisation:
- Business Process Automation
- Advanced Scoring and Credit Decisioning
- Management Information and Reporting
MAPS uses advanced business rules processing technology to automate many routine, manual tasks, allowing knowledge workers to focus on more productive tasks. Many manual, routine, and paper-based processes are eliminated through process automation in MAPS, and the accuracy, objectivity, and timeliness of decision making is significantly improved.
The MAPS system combines advanced business rules processing with scorecards and decision automation to ensure that the right offer can be made to every customer, every time. Furthermore, it completely eliminates an organisations reliance on paper driven processes, resulting in applications being processed quickly, efficiently and correctly every time.
The modular architecture of MAPS empowers an organisation to select and implement the features and functionality that will deliver it the most business benefit. This means that the system can be implemented to conform with an organisations preferred business process, instead of the business process having to change to accommodate the system.
MAPS has proven to be a fast, reliable, and flexible system, and is used by major international financial organisations to improve processes, eliminate paper, optimise credit scoring, and reduce credit risk exposure by 15 to 25%. It is easy to deploy, and is designed to leverage off existing infrastructure where possible, thus maximising an organisations return on its Information Technology investment.
The proposed solution will allow the client to accurately and efficiently assess applications, to consistently evaluate risk, provide for process efficiency, and significantly improve lending quality.
Please click here to view a document explaining the MAPS system in more detail.