Juris Credit is a credit risk management solution with embedded business process management (BPM) workflow that is proven to help financial institutions such as banks and insurance companies streamline their credit administration process and minimise credit risk. Juris Credit’s collaboration framework ties different involved parties together. It makes sure that every step is performed correctly, with a workflow that leaves no room for errors, and checklists that ensure nothing is overlooked. No stone is left unturned with Juris Credit to help your operations achieve optimum efficiency and effectiveness. Coupled with Mindcraft, our prescriptive analytics artificial intelligence (AI), Juris Credit can use data mining and machine learning to provide early insights (up to 6 months ahead) regarding self-curing, rogue, and delinquent customers.
Juris Credit offers the following features:
- Multi-tenancy Workflow
- Workflow Engine
- User Access Management
- Juris Checklist Management
- Snag Stages and Chasers Management
- Document Generation Engine
- Document Repository
- Task Management
- Audit Trail
- Panel Solicitor Management
- Reports and Dashboards
Juris Credit functionalities are segregated into three layers. These layers are combined to create an ideal process framework that highlights the importance of the system, aligned with the business objectives. The three layers are explained below:
With Juris’s credit risk management software, workflow and due dates can be defined for all parties in the loan administration process. Also, all activities performed are collaborated under one single platform. With such a powerful framework in place, financial institutions can rest assured that turnaround times for every milestone are tracked, performance in all level of service delivery is monitored, and all interaction between parties involved recorded. This ensures that the financial institution’s best practices are followed, thus paving way to greater operational transparency and efficiency.
Juris Credit has a proven track record of helping financial institutions accelerate their loan administration processes by eliminating unnecessary lags and enhancing productivity through automation of certain paths in critical areas. With Juris Credit, operational costs and resources that are needed to manage loan administration can be greatly reduced and you can be certain that revenue leaks due to inefficient loan disbursements will be avoided.
Juris Credit Core Functionalities
- AI-assisted data mining and early warning system that boasts 80% accuracy when it comes to identifying delinquent and self-curing customers.
- Provides a single platform for both internal and external parties involved in loan administration process to empower management tracking, reporting, and monitoring.
- Achieves greater revenue growth by increasing operational efficiency and eliminating process bottlenecks and unnecessary manual work.
- Juris Credit’s Productivity Manager provides great flexibility for users to design the optimum service level agreement.
- Ability to be multi-tenanted to extend the usability of Juris Credit to other departments and operations.
- User-definable workflow with integrated item checklist provides process owners great flexibility to create and amend the optimum process flow without IT intervention.
- Private cloud facility to centralise document management and repository for end-users to generate document-based configured templates, plus store and retrieve documents at any time, from anywhere.
- Embedded Chaser Module for end-users to raise alarm to relevant parties when process bottlenecks are encountered.
- Designed to be integrated with built-in 3rd-party APIs to enable seamless integration with core banking and origination systems.
We also provide end-to-end management of the customer from loan origination to collection. For more information, you may refer to: