FINANCE
FINANCE
FINANCE
How We Improved Efficiency and Scalability for a SMB Lending Company by 73.5%
How We Improved Efficiency and Scalability for a SMB Lending Company by 73.5%
How We Improved Efficiency and Scalability for a SMB Lending Company by 73.5%
Dedicated Team | Data Engineering | Data Science
Dedicated Team | Data Engineering | Data Science
Overview
Overview
Overview
Optimizing Technology for Efficient Lending
Reliance Financial, a leading SMB lending company, faced significant operational challenges due to manual workflows and disjointed systems, which hindered scalability and real-time decision-making. The objective of this project was to overhaul their technology infrastructure, integrating APIs, automating financial workflows, and building scalable data pipelines for enhanced performance. By providing Fractional CTO services, we delivered a comprehensive technical solution aligned with the company’s business goals, enabling them to manage rapid growth without sacrificing accuracy or efficiency.
Reliance Financial, a leading SMB lending company, faced significant operational challenges due to manual workflows and disjointed systems, which hindered scalability and real-time decision-making. The objective of this project was to overhaul their technology infrastructure, integrating APIs, automating financial workflows, and building scalable data pipelines for enhanced performance. By providing Fractional CTO services, we delivered a comprehensive technical solution aligned with the company’s business goals, enabling them to manage rapid growth without sacrificing accuracy or efficiency.
40%
Reduction in Manual Effort
Automation of KPI tracking reduced manual processes by 40%.
40%
Reduction in Manual Effort
Automation of KPI tracking reduced manual processes by 40%.
40%
Reduction in Manual Effort
Automation of KPI tracking reduced manual processes by 40%.
100,000
API Transactions/Month
Managed over 100,000 API transactions per month with no downtime, ensuring seamless integration.
100,000
API Transactions/Month
Managed over 100,000 API transactions per month with no downtime, ensuring seamless integration.
100,000
API Transactions/Month
Managed over 100,000 API transactions per month with no downtime, ensuring seamless integration.
95%
Accuracy Improvement in Underwriting
Enhanced data pipelines identified outliers and variances, improving underwriting accuracy and optimizing risk assessments by 95%.
95%
Accuracy Improvement in Underwriting
Enhanced data pipelines identified outliers and variances, improving underwriting accuracy and optimizing risk assessments by 95%.
95%
Accuracy Improvement in Underwriting
Enhanced data pipelines identified outliers and variances, improving underwriting accuracy and optimizing risk assessments by 95%.
The Challenge
Reliance Financial’s existing system was unable to support their rapid growth in SMB lending. Manual processes were time-consuming, error-prone, and lacked scalability. The lack of API integration between key platforms, like QuickBooks and LendSaaS, hindered efficiency. Real-time data access and reporting were almost non-existent, making informed decision-making difficult.
The Impact
Our comprehensive technical support had a transformative effect on Reliance Financial’s operations. By automating critical workflows, we reduced manual effort by 40%, allowing their teams to redirect focus towards more strategic initiatives. The seamless integration of multiple third-party APIs, including QuickBooks and LendSaaS, improved the accuracy of their financial transactions, achieving a 95% accuracy rate by helping identify outliers and variances in their underwriting processes. This led to better pricing strategies for higher-risk deals and reduced financial errors. Additionally, the real-time access to key performance metrics and custom dashboards provided operational transparency across departments, empowering Reliance to make faster, data-driven decisions. The advanced workflow automations also streamlined payment processing, resulting in 100% error-free payment validations. Overall, our support helped Reliance Financial scale effectively, optimizing their technology infrastructure to meet growing data demands while ensuring seamless business operations.
A Proven Process
A Proven Process
A Proven Process
Our Path to Success
Our Path to Success
Identifying Core Challenges and Setting Clear Objectives
We began by aligning with Reliance Financial’s key business objectives and critical KPIs, gaining a clear understanding of their goals. This foundation ensured that all subsequent efforts would be tightly aligned with their overarching business vision.
Business-Focused Planning
Tailored technology roadmap to meet Reliance Financial’s specific operational goals.
KPI-Driven Strategy
Identified essential KPIs to guide development and track success.
Goal Alignment
Proof of Concept
Advanced Scaling
Iteration & Optimization
Identifying Core Challenges and Setting Clear Objectives
We began by aligning with Reliance Financial’s key business objectives and critical KPIs, gaining a clear understanding of their goals. This foundation ensured that all subsequent efforts would be tightly aligned with their overarching business vision.
Business-Focused Planning
Tailored technology roadmap to meet Reliance Financial’s specific operational goals.
KPI-Driven Strategy
Identified essential KPIs to guide development and track success.
Goal Alignment
Proof of Concept
Advanced Scaling
Iteration & Optimization
Identifying Core Challenges and Setting Clear Objectives
We began by aligning with Reliance Financial’s key business objectives and critical KPIs, gaining a clear understanding of their goals. This foundation ensured that all subsequent efforts would be tightly aligned with their overarching business vision.
Business-Focused Planning
Tailored technology roadmap to meet Reliance Financial’s specific operational goals.
KPI-Driven Strategy
Identified essential KPIs to guide development and track success.
Goal Alignment
Proof of Concept
Advanced Scaling
Iteration & Optimization
The solutions Dusseau implemented were instrumental in helping us better understand individual underwriting and ISO performance. Through advanced data analytics and flexible dashboards, we were able to view our business from multiple angles, gaining insights into large deals and identifying key patterns.
Chief Operation Officer of Reliance Financial
The solutions Dusseau implemented were instrumental in helping us better understand individual underwriting and ISO performance. Through advanced data analytics and flexible dashboards, we were able to view our business from multiple angles, gaining insights into large deals and identifying key patterns.
Chief Operation Officer of Reliance Financial
The solutions Dusseau implemented were instrumental in helping us better understand individual underwriting and ISO performance. Through advanced data analytics and flexible dashboards, we were able to view our business from multiple angles, gaining insights into large deals and identifying key patterns.
Chief Operation Officer of Reliance Financial
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Join The Impact Lab!
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How We Work
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Estimate your Project
About us
Our Leadership
Message from our Founder
Join The Impact Lab!
Stay Informed with Our Latest business and tech Insights.
Case Studies
How Drive Hunger Away Empowers Local Heroes in the Fight Against Food Insecurity
How Fundrage Helped Sarah Find Meaningful Ways to Give Back
How We Streamlined Cemetery Management with a Modern, Secure, and Mobile-Responsive Solution
How We Improved Efficiency and Scalability for a SMB Lending Company by 73.5%
How We Enabled Enterprise-Grade Procurement for Large Enterprises with a 2-Month Digital Overhaul
How We Expanded Daily Active Users by 76% in Just 8 Months
How We Increased Vaccination Compliance by 97%
How We Reduced Feature Development Time from 1 Year to 2 Weeks for Empower Behavioral Health
How We Delivered a Fully Functional MVP in Just 3 months, Managing Over $300M in Real Estate Deals
How We Increased Productivity by 20% for an Asset Management Company
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What We Do
How We Help
Who We Help
How We Work
Pricing
Estimate your Project
About us
Our Leadership
Message from our Founder