Automating Paycheck Protection Program
Helping Banks Automate SBA PPP Applications with RPA
With the new directive of PPP loan for the SMBs, banks and financial institutions are overwhelmed with high volumes of loan applications and conventional means of reviewing the applications and related business documents.
Some of the challenges experienced by these institutions.
Impiger Technologies can help banks and financial institutions automate and streamline this high volume of application with the help of its SBA PPP Automation Solution.
How does SBA PPP automation works with RPA
THE RPA ADVANTAGE POWERED BY UiPATH
Impiger Technologies, in partnership with UiPath – a leading enterprise-grade automation platform, help your employees with a seamless loan application process with its SBA PPP Automation Solution. This solution is easily deployable, reducing a 30-minute loan approval endeavor to a 3-minute simple process.
The new and improved loan approval process entails
- Use of OCR+RPA+AI to extract data
- Transformation & Transposition of data in real-time
- Automated Validation / Screening