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

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

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

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