What Business Problem did Pendo Solve?

A customer identified a potential audit issue with their risk models due to the fact that data had to be manually transcribed from various loan documents in order for it to be added to their model.

 

What Business Impact Did the Pendo Platform Make?

Performing this task manually had a potential negative impact because it was prone to human-error and extremely time-consuming and expensive work to perform.

 

Key Platform Functionality

The Pendo Platform extracted loan balance data from thousands of documents from 50+ loan servicers despite the variance in content and formatting changes that had occurred over time.

 

Customer Value Proposition

Pendo was able to create a no-touch, highly cost-effective, efficient and repeatable process for the seamless population of risk models with accurate and auditable loan balance data.

 

For More Information or to Schedule a Demo: Call: 973.735.5788, or Email: hello@pendosystems.com

Pendo Systems New Jersey: 543 Valley Road, Suite 5, Upper Montclair, NJ 07043