An Enterprise IT company previously relied on banks to provide financing for their customers. However, they wanted more control over the entire application process and the option to provide financing directly, depending on certain aspects of each deal.
The company initiated the development of a new module within an existing Transaction Management System to track financing applications from initial credit check through approval. Due to the limited functionality in their current system, a team of developers with full-stack expertise was needed.
Making it happen
Xtreme’s software development team was engaged to help update and improve the client’s Transaction Management System and create the new module. To start, Xtreme collaborated with the client’s business to set a complete list of requirements and process flows that would accomplish all of the project’s key goals.
After requirements were set, Xtreme’s team reviewed the current system’s workflow path and identified any points at which an application could stall. Based on the findings, Xtreme developers created a new credit application and workflow to provide a more transparent, flexible, and interactive system.
By developing a more intelligent transaction system with integrated visibility and access to applications throughout the workflow, the Xtreme solution delivers:
+ Faster results and a reduced potential for delays
+ More effective and accurate application analysis
+ Option to offer financing directly to customers