Deciding who to extend credit to can be a complicated task that involves numerous calculations and heuristics. Credit bureaus contain a large amounts of data which need to be sifted for the relevant data amidst the unimportant noise.
Key metrics - A custom credit dashboard can highlight key ratios such as Debt to Income (DTI) to help determine which customers qualify for automatic approval or automatic turn down. You can create a custom scoring system that considers derogatory trade lines, bankruptcies or other critical credit data.
Visual Indicators - Alerts, warnings and information related to your business processes and decisions can be highlighted through a variety of gauges, dials and charts.
Efficiency - Being able to assess the level of credit an applicant has with a single glance can greatly increase your organizations efficiency. Eliminate having to manually aggregate values from credit bureaus.