Finance Use Cases

1. Loan Approval Process

Business Scenario

A mid-sized regional bank wants to streamline its commercial loan approval process for small to medium enterprises (SMEs).

Process Overview

graph TD
    A[Loan Application Received] --> B{Initial Credit Check}
    B -->|Pass| C[Financial Document Review]
    B -->|Fail| D[Reject Application]
    C --> E{Risk Assessment}
    E -->|Low Risk| F[Senior Analyst Review]
    E -->|Medium Risk| G[Committee Review]
    E -->|High Risk| H[Detailed Risk Analysis]
    F --> I{Approval Decision}
    G --> I
    H --> I
    I -->|Approved| J[Loan Disbursement]
    I -->|Rejected| K[Notify Applicant]

Key Process Details

Stage	Description	Duration	Key Actors
Initial Screening	Verify basic eligibility	1-2 hours	Junior Loan Officer
Document Verification	Validate financial statements	1-2 days	Financial Analyst
Risk Assessment	Evaluate credit risk	1-2 days	Risk Management Team
Final Approval	Senior management review	1-3 days	Loan Committee

2. Expense Reimbursement Workflow

Business Scenario

A technology company implementing a streamlined expense reporting and reimbursement process.

Process Overview

graph TD
    A[Expense Submission] --> B{Policy Compliance Check}
    B -->|Compliant| C[Manager Review]
    B -->|Non-Compliant| D[Return to Employee]
    C --> E{Approval Threshold}
    E -->|Below $500| F[Direct Manager Approval]
    E -->|$500-$2000| G[Department Head Review]
    E -->|Above $2000| H[Finance Department Approval]
    F --> I[Finance Processing]
    G --> I
    H --> I
    I --> J[Payroll Integration]
    J --> K[Reimbursement Issued]

Key Process Details

Stage	Description	Duration	Key Actors
Initial Submission	Employee uploads expense report	30 mins	Employee
Policy Check	Verify against company policies	1-2 hours	Finance System
Management Review	Validate and approve expenses	1-2 days	Managers
Financial Processing	Final review and payment	3-5 days	Finance Team

3. Credit Risk Assessment

Business Scenario

An international bank developing an automated credit risk evaluation system for personal loans.

Process Overview

graph TD
    A[Loan Application] --> B[Personal Information Verification]
    B --> C[Credit Score Retrieval]
    C --> D{Credit Score Analysis}
    D -->|Excellent| E[Fast-Track Approval]
    D -->|Good| F[Standard Review]
    D -->|Fair| G[Detailed Risk Assessment]
    D -->|Poor| H[Application Rejection]
    E --> I[Loan Offer Generation]
    F --> J{Additional Checks}
    G --> K[Comprehensive Risk Evaluation]
    J -->|Pass| I
    J -->|Fail| H
    K --> L{Final Decision}
    L -->|Approve| I
    L -->|Reject| H

Key Process Details

Stage	Description	Duration	Key Actors
Initial Screening	Collect applicant details	30 mins	Online Application System
Credit Scoring	Automated credit evaluation	1-2 hours	Credit Scoring Algorithm
Risk Assessment	Detailed financial analysis	1-2 days	Risk Analysts
Final Decision	Loan approval/rejection	1-3 days	Credit Committee

Business Value Proposition

These use cases demonstrate how process automation can: - Reduce processing time by 50-70% - Minimize human error - Improve consistency in decision-making - Enhance compliance and tracking - Provide real-time visibility into process status

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