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How Slope Used the Oscilar Platform to Hit a Turning Point in Their Growth Journey

How Slope Used the Oscilar Platform to Hit a Turning Point in Their Growth Journey

How Slope Used the Oscilar Platform to Hit a Turning Point in Their Growth Journey

How Slope Used the Oscilar Platform to Hit a Turning Point in Their Growth Journey

About

Slope is a trailblazer in the financial technology sphere, empowering small businesses with essential short-term capital. Since its inception, Slope has been committed to supporting businesses of all sizes, catalyzing their growth with swift and straightforward access to capital.

Key use case:

Onboarding & Credit Decisioning

Industry:

Financial services

Region:

United States

About

Slope is a trailblazer in the financial technology sphere, empowering small businesses with essential short-term capital. Since its inception, Slope has been committed to supporting businesses of all sizes, catalyzing their growth with swift and straightforward access to capital.

Key use case:

Onboarding & Credit Decisioning

Industry:

Financial services

Region:

United States

About

Slope is a trailblazer in the financial technology sphere, empowering small businesses with essential short-term capital. Since its inception, Slope has been committed to supporting businesses of all sizes, catalyzing their growth with swift and straightforward access to capital.

Key use case:

Onboarding & Credit Decisioning

Industry:

Financial services

Region:

United States

About

Slope is a trailblazer in the financial technology sphere, empowering small businesses with essential short-term capital. Since its inception, Slope has been committed to supporting businesses of all sizes, catalyzing their growth with swift and straightforward access to capital.

Key use case:

Onboarding & Credit Decisioning

Industry:

Financial services

Region:

United States

Case study overview

>$200k

engineering cost savings

1

full-time engineer saved

The Challenge: Slope was struggling with vendor integration complexities that risked delaying a major customer launch.


The Outcome: Oscilar's platform facilitated a timely launch for Slope, leading to marked growth, an enriched customer experience, and over $200k in labor costs saved.

The Oscilar Impact

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.

$200k in engineering costs saved, the equivalent of one full-time employee.

Case study overview

>$200k

engineering cost savings

1

full-time engineer saved

The Challenge: Slope was struggling with vendor integration complexities that risked delaying a major customer launch.


The Outcome: Oscilar's platform facilitated a timely launch for Slope, leading to marked growth, an enriched customer experience, and over $200k in labor costs saved.

The Oscilar Impact

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.

$200k in engineering costs saved, the equivalent of one full-time employee.

Case study overview

>$200k

engineering cost savings

1

full-time engineer saved

The Challenge: Slope was struggling with vendor integration complexities that risked delaying a major customer launch.


The Outcome: Oscilar's platform facilitated a timely launch for Slope, leading to marked growth, an enriched customer experience, and over $200k in labor costs saved.

The Oscilar Impact

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.

$200k in engineering costs saved, the equivalent of one full-time employee.

Case study overview

>$200k

engineering cost savings

1

full-time engineer saved

The Challenge: Slope was struggling with vendor integration complexities that risked delaying a major customer launch.


The Outcome: Oscilar's platform facilitated a timely launch for Slope, leading to marked growth, an enriched customer experience, and over $200k in labor costs saved.

The Oscilar Impact

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.

$200k in engineering costs saved, the equivalent of one full-time employee.

"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".

"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

Chief Financial Officer

Two months until deadline and no time to waste

01. The Challenge

Slope was struggling with vendor integration complexities that risked delaying a major customer launch.

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 complex data vendors and managing these data flows put them at risk of falling behind 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.

Simplified integrations and a swift, two-pronged approach

02. The Solution

Oscilar’s solution simplified vendor integration and enabled Slope with a user-friendly decisioning platform.

Oscilar offered Slope a tailored solution that tackled both of their problems. First, 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 minimized the workload and sped up the overall process due to Oscilar's pre-established relationships with these vendors.


Second, 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.

A timely launch and a “turning point in growth”

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 witnessed 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."


What’s more? 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 improved visibility and control over customer approval, making a noticeable difference in their end-customer experience.

03. The Outcome

>$200k

engineering cost savings

1

full-time engineer saved

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See it in action – book a demo today

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