Key impact points
Streamlined multi-vendor integration, accelerating go-live timelines.
Empowered non-tech teams with efficient, no-code workflow management.
Boosted competitive advantage through freeing engineering resources.
01. The challenge
Slope was grappling with vendor integration complexities that risked delaying a major customer launch.
Slope was grappling with vendor integration complexities that risked delaying a major customer launch.
For Slope, the path to success wasn't always smooth. The main challenge lay in their underwriting system – the heart of their business. They had a two-month deadline to roll out a new underwriting system for a significant customer launch. Integrating with three individual data vendors and managing these data flows for the underwriting engine was not only daunting but posed a risk of running over schedule.
Even if they pulled through on time, their engineering and data teams would’ve been severely stretched. The integration and orchestration work required significant resources, potentially delaying other critical tasks. Slope considered different approaches and tools, including Alloy and building the system themselves. However, these options couldn’t provide a comprehensive solution that would meet their needs within the set deadline.
02. The solution
Oscilar’s solution simplified vendor integration and empowered Slope with a user-friendly decisioning platform.
Oscilar’s solution simplified vendor integration and empowered Slope with a user-friendly decisioning platform.
Oscilar arrived just in time, offering Slope a tailored solution that tackled their two critical dimensions of the problem. Firstly, Oscilar streamlined the vendor integration process. Instead of separately negotiating and integrating with each of the three vendors, Slope had to do it just once. This not only minimized the workload but also sped up the overall process due to Oscilar's pre-established relationships with these vendors.
Secondly, Oscilar provided a platform to manage the workflows efficiently. Their no-code user interface made it possible for anyone on the risk team to modify or create new workflows, eliminating the need for an engineer. After an initial learning curve, Slope found Oscilar’s platform to be slicker and more intuitive than other platforms they had evaluated. This dramatically shortened the time to market and proved to be a critical asset as Slope scaled its customer base.
"Oscilar's no-code UI is slicker and more intuitive than other platforms. It allows anyone in the risk team to create decisioning flows without requiring any help from an engineer.
Ashish Jain
Chief Financial Officer
03. The outcome
Oscilar's platform facilitated a timely launch for Slope, leading to marked growth and an enriched customer experience.
In just two months, Slope started to witness the value of Oscilar on their business. They were able to ship their new underwriting system in time for the customer launch, marking a turning point in their growth trajectory. By offloading the heavy lifting to Oscilar, their engineers could focus on core Slope problems rather than managing integrations and infrastructure.
Slope’s CFO, Ashish Jain, reflected, "Oscilar helped us get set up quickly for our big launch, and that launch was a turning point in our growth. It's hard to quantify $ lost had we been slower or did not have credit checks in place, but it's obviously table stakes - and Oscilar made the process a lot smoother."
The transformation didn’t stop there. With Oscilar, Slope can now view a complete 360-degree view of the businesses they’re underwriting and launch new workflows quickly. Plus, plugging in Socure data into Oscilar decisioning workflows has also improved visibility and control over customer approval, making a noticeable difference in their end-customer experience.
