CreditPoint Software announces new Auto Decisioning and Auto Approval Features
Our new Auto Decisioning (AD) and Auto Approval (AA) features have been launched within the Credit Risk Platform. CreditPoint is building a best-in-class platform for order-to-cash decisioning and approval in the Fintech space with the release of these features. In order to simplify and streamline approving new, increases and renewal credits, the AD and AA functionality aims to simplify and automate the risk assessment process. In order to achieve this, key information from bureaus, financials, and other sources is gathered, business rules are applied, and approvals and decisions are automated. This saves companies time (automate 70-90% of all reviews) and money, and ultimately minimizes their credit risk.