Defining and automating processes for the motor industry to enable faster lending processes
Bank11 is a credit institution specializing in sales financing. We support medium-sized motor vehicle trade through competitive mobility and insurance offers. For the car dealer, this means he can offer his customers simple and cheaply calculated financing products. Our financing offer is aimed at all brand car dealerships as well as free dealers who are looking for a complementary alternative for purchasing and sales financing.
Execution of the core business via automated processes with Camunda BPM
Bank11 has been using Camunda BPM since 2014 and wanted to further define and automate processes to allow for quicker execution of decisions, specifically their lending processes.
They faced two significant challenges – the first being process evolution and migration of existing processes and the second being the analysis and automation of processes in an agile interdisciplinary team.
In the meantime, Bank11 handles a core part of their business with Camunda BPM standardizing central processes for lending and automating credit decisions.