The client decided to digitize the startup financing process in order to build a robust eco system. They were facing many challenges like high turnaround time in previous processes because of huge volume of physical documentation. However, they were maintaining a repository for an audit of entire process manually, which led to a lack of transparency in the audit trail.
NSEIT designed workflow based architecture to enable development of a suite of services which can be reused across the enterprise.
This was achieved by a digital-only approach to building a web application based digitized process automation having integration with core application & built-in report analytics for ease.
The solution was built using modern technology stack and BPM workflow engine to meet all the requirements of the client, which led to improving transparency in tracking the process inputs to Investment committee, due diligence, etc.
100 DocsOnline document submission and storage - more than 100 documents per deal
10 GB+Ability to handle huge volumes of data of size 10 GB+
83%Increased deal flow vis-a-vis manual process by almost 83%
90%Improved the overall turnaround time (TAT) by almost 90%
100%Improved transparency and audit trails by 100%
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