Take Your Critical FinTech Processes to the Next Level with BPMN

Introduction

Sometimes in life, when you take the time to think about a question, you realize you already know the answer. The same is true in business. When you take a moment to really understand the problem and combine that with your expertise, you often figure out what the solution should be.?

If you use something like BPMN, which is designed to clearly explain business problems & solutions, you often find that you already know the answer.

That’s because BPMN is naturally collaborative: it helps everyone in the organization see how different roles and systems work together to reach a goal. This builds agreement across the team.

Now, imagine applying this approach to specific areas like financial services. What if we created detailed, ready-to-use solutions for common FinTech issues like knowing your customer, starting a loan, verifying income, and detecting fraud?

We did.

Why "Ready-to-Use" is the Smarter Choice

1. Immediate Deployment

Start by kicking the tires on day one. Building solutions like Income Verification, Document Validation, Loan Origination, and Fraud Detection from scratch can take months of development, testing, and refinement.?

This not only delays your time-to-market but also erodes enthusiasm, introduces the risk of unforeseen challenges, and can derail your project.?

Expertly developed ready-to-use solutions are designed to integrate seamlessly into your existing systems, getting you to the coding level within days. This means you can start leveraging the power of automated processes almost immediately.

2. Proven Reliability

You don’t have to reinvent the wheel. Customizable ready-to-use solutions are built on decades of industry experience, incorporating best practices and compliance with industry standards. They offer the flexibility to customize at key points, ensuring that your unique needs are met while reducing the risk of errors or omissions that could have significant consequences.

3. Cost Efficiency

Developing a custom solution not only incurs direct development costs but also ongoing expenses related to maintenance, updates, and potential rework. Ready-to-use solutions eliminate much of this overhead, delivering a higher return on investment. Your team can focus on enhancing the solution rather than starting from scratch, allowing you to allocate resources more effectively.

The Industry Solution Advantage

1. Deep FinTech Expertise

In the FinTech industry, understanding the unique challenges and opportunities is crucial. Industry solutions are built by experts with a deep understanding of financial services, ensuring that they address the specific needs of the sector. Whether it's income verification, document verification, loan origination, or fraud detection, these solutions are not just tools—they are backed by a wealth of knowledge and experience that can guide you through the complexities of each process.

2. Accelerated Time-to-Market

Getting your product to market quickly can be a significant competitive advantage. By opting for a ready-to-use solution, you dramatically shorten your development timeline, allowing you to focus on refining your offering rather than getting bogged down in foundational work. This acceleration not only saves you money but also positions you to respond to market demands faster, ensuring that you stay ahead of the competition.

Get Started Today

Choosing a ready-to-use FinTech solution built on BPMN is a strategic move to transform the way you approach challenges like income verification, document verification, loan origination, and fraud detection. It's about more than just saving time and money; it's about delivering a robust, reliable solution that enhances your customer’s experience and strengthens your market position.

Last Thoughts

Don’t let the complexities of custom development slow you down. Leverage the best of industry solutions to take your critical FinTech processes to the next level—quickly, efficiently, and with confidence. Build on a solid foundation, and you’ll find that you can’t help but focus on the important things.

Demo our Income Verification Process Blueprint

Our Income Verification process blueprint in Camunda Marketplace empowers businesses to improve their process orchestration by automating and streamlining income verification workflows. By leveraging Camunda’s powerful automation capabilities, this solution reduces manual effort, minimizes errors, and accelerates decision-making, allowing you to focus on higher-value tasks.

With enhanced efficiency and accuracy, your organization can handle income verification faster and more reliably, ultimately improving customer satisfaction and operational performance. Ready to see it in action? Request a demo today to experience the benefits firsthand!

Join Our Webinar!

Are you ready to streamline your mission critical?processes? Join us for an exclusive webinar on Tuesday, September 24th, where we'll dive into Ready-To-Use solutions and blueprints, such as?the latest Income Verification solution?available in Camunda Marketplace.

What You’ll Learn:

• How automation is key to?transforming your?processes
• Key features of the new Income Verification Blueprint in Camunda Marketplace
• Real-world use cases and success stories

Our speakers - Camunda Field?CTO (Financial Services) Sathya Sethuraman and CapBPM Principal/CEO Max Young - will walk you through a live demo and answer questions during the Q&A session.

Don’t miss this opportunity to stay ahead of the curve. Register now to secure your spot!

Looking forward to seeing you there!

Join Us at CamundaCon!

We invite you to join Capital BPM at CamundaCon 2024 in New York City, taking place on October 16-17. CamundaCon is the annual process orchestration conference that brings together software developers, architects, automation experts, and anyone involved in digital transformation and operational efficiency.?

The event features a mix of technical sessions, business and use-case oriented talks, and interactive experiences like the Unconference, Hackday, and various networking opportunities. Whether you attend in person or virtually, you’ll have the chance to learn from industry leaders, share real-world experiences, and connect with peers who are also tackling similar challenges in process orchestration.?Don’t miss this opportunity to be part of a vibrant community driving the future of process orchestration. Register now and join us at CamundaCon to explore how Camunda can elevate your business to the next level!