CUSTOMER STORY
Balance Streamlines Credit Underwriting, Achieving Seamless Transition and Enhanced Flexibility
CUSTOMER STORY
Balance Streamlines Credit Underwriting, Achieving Seamless Transition and Enhanced Flexibility
CUSTOMER STORY
Balance Streamlines Credit Underwriting, Achieving Seamless Transition and Enhanced Flexibility
CUSTOMER STORY
Balance Streamlines Credit Underwriting, Achieving Seamless Transition and Enhanced Flexibility
About Balance
Balance provides a B2B payments and credit solution platform that enables companies to sell to other businesses, pay their vendors, and provide credit to their customers. Their innovative approach offers a comprehensive solution for B2B transactions, enhancing cash flow and facilitating smoother business operations.
KEY USE CASES
Credit Underwriting
INDUSTRY
B2B Payments and Credit
REGION
Israel
United States
About Balance
Balance provides a B2B payments and credit solution platform that enables companies to sell to other businesses, pay their vendors, and provide credit to their customers. Their innovative approach offers a comprehensive solution for B2B transactions, enhancing cash flow and facilitating smoother business operations.
KEY USE CASES
Credit Underwriting
INDUSTRY
B2B Payments and Credit
REGION
Israel
United States
About Balance
Balance provides a B2B payments and credit solution platform that enables companies to sell to other businesses, pay their vendors, and provide credit to their customers. Their innovative approach offers a comprehensive solution for B2B transactions, enhancing cash flow and facilitating smoother business operations.
KEY USE CASES
Credit Underwriting
INDUSTRY
B2B Payments and Credit
REGION
Israel
United States
About Balance
Balance provides a B2B payments and credit solution platform that enables companies to sell to other businesses, pay their vendors, and provide credit to their customers. Their innovative approach offers a comprehensive solution for B2B transactions, enhancing cash flow and facilitating smoother business operations.
KEY USE CASES
Credit Underwriting
INDUSTRY
B2B Payments and Credit
REGION
Israel
United States
The Story at a Glance
Key Highlights
Successful transition from a sunsetting platform, Noble, to Oscilar with minimal disruption
Customized customer view implementation to meet specific underwriting needs
Seamless integration with existing workflows and data sources
Reduced dependency on engineering resources for day-to-day operations
Flexibility to adapt and modify credit policies quickly and easily
Transaction monitoring
Key Highlights
Successful transition from a sunsetting platform, Noble, to Oscilar with minimal disruption
Customized customer view implementation to meet specific underwriting needs
Seamless integration with existing workflows and data sources
Reduced dependency on engineering resources for day-to-day operations
Flexibility to adapt and modify credit policies quickly and easily
Transaction monitoring
Key Highlights
Successful transition from a sunsetting platform, Noble, to Oscilar with minimal disruption
Customized customer view implementation to meet specific underwriting needs
Seamless integration with existing workflows and data sources
Reduced dependency on engineering resources for day-to-day operations
Flexibility to adapt and modify credit policies quickly and easily
Transaction monitoring
Key Highlights
Successful transition from a sunsetting platform, Noble, to Oscilar with minimal disruption
Customized customer view implementation to meet specific underwriting needs
Seamless integration with existing workflows and data sources
Reduced dependency on engineering resources for day-to-day operations
Flexibility to adapt and modify credit policies quickly and easily
Transaction monitoring
The Challenge
Balance faced an unexpected challenge when their previous underwriting platform provider, Noble, announced they were sunsetting their product. This necessitated a quick pivot to find a new solution that could match their existing capabilities while also providing room for growth and improvement.
The Outcome
By partnering with Oscilar, Balance successfully transitioned their credit underwriting process with minimal disruption. They gained a more flexible and customizable platform that not only matched their previous capabilities but also opened up new possibilities for future expansion and optimization.
The Oscilar Impact
Customized Solution Development
Oscilar worked closely with Balance to develop a customer-centric view that aligned perfectly with their underwriting needs, moving away from a case-based approach to a more holistic customer perspective.
Customized Solution Development
Oscilar worked closely with Balance to develop a customer-centric view that aligned perfectly with their underwriting needs, moving away from a case-based approach to a more holistic customer perspective.
Customized Solution Development
Oscilar worked closely with Balance to develop a customer-centric view that aligned perfectly with their underwriting needs, moving away from a case-based approach to a more holistic customer perspective.
Customized Solution Development
Oscilar worked closely with Balance to develop a customer-centric view that aligned perfectly with their underwriting needs, moving away from a case-based approach to a more holistic customer perspective.
Seamless Integration
The platform integrated smoothly with Balance's existing workflows and data sources, ensuring a smooth transition from their previous system.
Seamless Integration
The platform integrated smoothly with Balance's existing workflows and data sources, ensuring a smooth transition from their previous system.
Seamless Integration
The platform integrated smoothly with Balance's existing workflows and data sources, ensuring a smooth transition from their previous system.
Seamless Integration
The platform integrated smoothly with Balance's existing workflows and data sources, ensuring a smooth transition from their previous system.
Increased Flexibility
Balance can now easily modify and update their credit policies and workflows without heavy reliance on engineering resources.
Increased Flexibility
Balance can now easily modify and update their credit policies and workflows without heavy reliance on engineering resources.
Increased Flexibility
Balance can now easily modify and update their credit policies and workflows without heavy reliance on engineering resources.
Increased Flexibility
Balance can now easily modify and update their credit policies and workflows without heavy reliance on engineering resources.
Improved Scalability
The Oscilar platform provides Balance with the capability to handle their current volume of credit applications efficiently, with room for future growth.
Improved Scalability
The Oscilar platform provides Balance with the capability to handle their current volume of credit applications efficiently, with room for future growth.
Improved Scalability
The Oscilar platform provides Balance with the capability to handle their current volume of credit applications efficiently, with room for future growth.
Improved Scalability
The Oscilar platform provides Balance with the capability to handle their current volume of credit applications efficiently, with room for future growth.
Future-Proofing
With Oscilar's flexible platform, Balance is well-positioned to expand into new use cases such as KYB and transaction monitoring.
Future-Proofing
With Oscilar's flexible platform, Balance is well-positioned to expand into new use cases such as KYB and transaction monitoring.
Future-Proofing
With Oscilar's flexible platform, Balance is well-positioned to expand into new use cases such as KYB and transaction monitoring.
Future-Proofing
With Oscilar's flexible platform, Balance is well-positioned to expand into new use cases such as KYB and transaction monitoring.
"We chose Oscilar after evaluating several credit decisioning platforms. Their onboarding and rule management capabilities stood out, and their team consistently delivered on every technical requirement. What impressed me most was seeing our engineering team's genuine enthusiasm for the platform's flexibility and testing capabilities. Six months in, that initial confidence has proven right - we're moving faster and operating more efficiently than ever."
Bar Geron
Co-founder and CEO
"We chose Oscilar after evaluating several credit decisioning platforms. Their onboarding and rule management capabilities stood out, and their team consistently delivered on every technical requirement. What impressed me most was seeing our engineering team's genuine enthusiasm for the platform's flexibility and testing capabilities. Six months in, that initial confidence has proven right - we're moving faster and operating more efficiently than ever."
Bar Geron
Co-founder and CEO
"We chose Oscilar after evaluating several credit decisioning platforms. Their onboarding and rule management capabilities stood out, and their team consistently delivered on every technical requirement. What impressed me most was seeing our engineering team's genuine enthusiasm for the platform's flexibility and testing capabilities. Six months in, that initial confidence has proven right - we're moving faster and operating more efficiently than ever."
Bar Geron
Co-founder and CEO
"We chose Oscilar after evaluating several credit decisioning platforms. Their onboarding and rule management capabilities stood out, and their team consistently delivered on every technical requirement. What impressed me most was seeing our engineering team's genuine enthusiasm for the platform's flexibility and testing capabilities. Six months in, that initial confidence has proven right - we're moving faster and operating more efficiently than ever."
Bar Geron
Co-founder and CEO
The Full Story
The Challenge
An urgent need to replace a sunsetting underwriting platform without disrupting operations.
Prior to partnering with Oscilar, Balance faced several challenges:
Urgent need for replacement
With their previous provider sunsetting their product, Balance needed to find and implement a new solution quickly.
Urgent need for replacement
With their previous provider sunsetting their product, Balance needed to find and implement a new solution quickly.
Urgent need for replacement
With their previous provider sunsetting their product, Balance needed to find and implement a new solution quickly.
Urgent need for replacement
With their previous provider sunsetting their product, Balance needed to find and implement a new solution quickly.
Specific workflow requirements
Balance required a customer-centric view for their underwriting process, which wasn't standard in many solutions.
Specific workflow requirements
Balance required a customer-centric view for their underwriting process, which wasn't standard in many solutions.
Specific workflow requirements
Balance required a customer-centric view for their underwriting process, which wasn't standard in many solutions.
Specific workflow requirements
Balance required a customer-centric view for their underwriting process, which wasn't standard in many solutions.
Integration complexity
The new solution needed to integrate seamlessly with their existing data sources and workflows.
Integration complexity
The new solution needed to integrate seamlessly with their existing data sources and workflows.
Integration complexity
The new solution needed to integrate seamlessly with their existing data sources and workflows.
Integration complexity
The new solution needed to integrate seamlessly with their existing data sources and workflows.
Resource constraints
As a growing company, Balance couldn't afford to dedicate significant engineering resources to managing their decision engine.
Resource constraints
As a growing company, Balance couldn't afford to dedicate significant engineering resources to managing their decision engine.
Resource constraints
As a growing company, Balance couldn't afford to dedicate significant engineering resources to managing their decision engine.
Resource constraints
As a growing company, Balance couldn't afford to dedicate significant engineering resources to managing their decision engine.
These challenges risked disrupting Balance's operations and potentially impacting their ability to serve their customers effectively.
The SOLUTION
A customizable, customer-centric credit underwriting platform with rapid implementation and easy integration.
Oscilar provided Balance with a tailored credit underwriting platform that addressed their specific challenges:
Customized customer view
Oscilar developed a customer-centric interface that aligned with Balance's underwriting process, moving away from a case-based approach.
Customized customer view
Oscilar developed a customer-centric interface that aligned with Balance's underwriting process, moving away from a case-based approach.
Customized customer view
Oscilar developed a customer-centric interface that aligned with Balance's underwriting process, moving away from a case-based approach.
Customized customer view
Oscilar developed a customer-centric interface that aligned with Balance's underwriting process, moving away from a case-based approach.
Flexible workflow builder
The platform allowed Balance to recreate their existing workflows and easily modify them as needed.
Flexible workflow builder
The platform allowed Balance to recreate their existing workflows and easily modify them as needed.
Flexible workflow builder
The platform allowed Balance to recreate their existing workflows and easily modify them as needed.
Flexible workflow builder
The platform allowed Balance to recreate their existing workflows and easily modify them as needed.
Rapid integration capabilities
Oscilar's solution facilitated easy integration with Balance's existing data sources and APIs.
Rapid integration capabilities
Oscilar's solution facilitated easy integration with Balance's existing data sources and APIs.
Rapid integration capabilities
Oscilar's solution facilitated easy integration with Balance's existing data sources and APIs.
Rapid integration capabilities
Oscilar's solution facilitated easy integration with Balance's existing data sources and APIs.
Low-code interface
The platform's user-friendly interface reduced the need for constant engineering involvement in day-to-day operations and updates.
Low-code interface
The platform's user-friendly interface reduced the need for constant engineering involvement in day-to-day operations and updates.
Low-code interface
The platform's user-friendly interface reduced the need for constant engineering involvement in day-to-day operations and updates.
Low-code interface
The platform's user-friendly interface reduced the need for constant engineering involvement in day-to-day operations and updates.
Responsive support
Oscilar's team, including high-level executives, was heavily involved in the implementation process, ensuring Balance's needs were met.
Responsive support
Oscilar's team, including high-level executives, was heavily involved in the implementation process, ensuring Balance's needs were met.
Responsive support
Oscilar's team, including high-level executives, was heavily involved in the implementation process, ensuring Balance's needs were met.
Responsive support
Oscilar's team, including high-level executives, was heavily involved in the implementation process, ensuring Balance's needs were met.
This comprehensive solution enabled Balance to transition smoothly from their previous platform while gaining new capabilities for future growth.
The Outcome
Balance achieved a seamless transition to a more flexible underwriting system with enhanced capabilities and future expansion potential.
The adoption of Oscilar's credit underwriting platform significantly enhanced Balance's operations:
Increased flexibility
The team can now easily modify and update their credit policies and workflows without heavy reliance on engineering resources.
Increased flexibility
The team can now easily modify and update their credit policies and workflows without heavy reliance on engineering resources.
Increased flexibility
The team can now easily modify and update their credit policies and workflows without heavy reliance on engineering resources.
Increased flexibility
The team can now easily modify and update their credit policies and workflows without heavy reliance on engineering resources.
Improved user experience
The custom customer view has streamlined the underwriting process, making it easier for Balance's team to make informed decisions
Improved user experience
The custom customer view has streamlined the underwriting process, making it easier for Balance's team to make informed decisions
Improved user experience
The custom customer view has streamlined the underwriting process, making it easier for Balance's team to make informed decisions
Improved user experience
The custom customer view has streamlined the underwriting process, making it easier for Balance's team to make informed decisions
Scalability
Oscilar's platform efficiently handles Balance's current volume of credit applications, with room for future growth.
Scalability
Oscilar's platform efficiently handles Balance's current volume of credit applications, with room for future growth.
Scalability
Oscilar's platform efficiently handles Balance's current volume of credit applications, with room for future growth.
Scalability
Oscilar's platform efficiently handles Balance's current volume of credit applications, with room for future growth.
Potential for expansion
Balance is now well-positioned to explore additional use cases, such as KYB and transaction monitoring, using the Oscilar platform.
Potential for expansion
Balance is now well-positioned to explore additional use cases, such as KYB and transaction monitoring, using the Oscilar platform.
Potential for expansion
Balance is now well-positioned to explore additional use cases, such as KYB and transaction monitoring, using the Oscilar platform.
Potential for expansion
Balance is now well-positioned to explore additional use cases, such as KYB and transaction monitoring, using the Oscilar platform.
Reliable performance
Since implementation, Balance has experienced consistent uptime and performance from the Oscilar platform.
Reliable performance
Since implementation, Balance has experienced consistent uptime and performance from the Oscilar platform.
Reliable performance
Since implementation, Balance has experienced consistent uptime and performance from the Oscilar platform.
Reliable performance
Since implementation, Balance has experienced consistent uptime and performance from the Oscilar platform.
"The speed of Oscilar's implementation was remarkable. Taking us from contract signature to full production in just 32 days showcases not only their technical capabilities but their commitment to customer success. For a critical system like credit underwriting, achieving such a rapid transition while maintaining operational continuity demonstrates why Oscilar was the right choice for Balance."
Yohay Pasternak Alon
Fraud Lead
"The speed of Oscilar's implementation was remarkable. Taking us from contract signature to full production in just 32 days showcases not only their technical capabilities but their commitment to customer success. For a critical system like credit underwriting, achieving such a rapid transition while maintaining operational continuity demonstrates why Oscilar was the right choice for Balance."
Yohay Pasternak Alon
Fraud Lead
"The speed of Oscilar's implementation was remarkable. Taking us from contract signature to full production in just 32 days showcases not only their technical capabilities but their commitment to customer success. For a critical system like credit underwriting, achieving such a rapid transition while maintaining operational continuity demonstrates why Oscilar was the right choice for Balance."
Yohay Pasternak Alon
Fraud Lead
"The speed of Oscilar's implementation was remarkable. Taking us from contract signature to full production in just 32 days showcases not only their technical capabilities but their commitment to customer success. For a critical system like credit underwriting, achieving such a rapid transition while maintaining operational continuity demonstrates why Oscilar was the right choice for Balance."
Yohay Pasternak Alon
Fraud Lead
Looking forward, Balance is excited to leverage Oscilar's capabilities further, potentially expanding into KYB and transaction monitoring. As Balance continues to grow in the competitive B2B payments and credit landscape, Oscilar remains a crucial partner in their journey to provide innovative financial solutions.
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