Super.com Achieved Rapid Loan Origination with Oscilar
About Super
Super.com is dedicated to providing ultimate savings to its customers, enabling them to enjoy life's offerings irrespective of their income. With a team of over 1,000 employees, Super.com has established itself as a key player in the financial services industry, focusing on delivering exceptional loan origination services.
Through its collaboration with Oscilar, Super.com has enhanced its operational capabilities, ensuring faster and more efficient processing of loans, thereby reinforcing its commitment to customer satisfaction and financial empowerment.
Key use case:
Credit Underwriting
Industry:
Financial Services
Region:
United States
Case study overview
The Challenge: Super.com needed a loan origination system to launch their lending service, facing challenges with manual processes and the need for extensive engineering resources.
The Outcome: Oscilar provided a user-friendly, low to no-code platform that streamlined decision-making workflows and integrated various data sources, significantly reducing manual labor and engineering hours.
The Oscilar Impact
Rapid deployment
Oscilar's low-code to no-code platform enabled Super.com to quickly implement a robust loan origination system, significantly reducing the time to market.
Enhanced decision-making
With Oscilar, Super.com could set complex conditions and rules, improving their decision-making process and allowing for quicker loan approvals.
Efficiency gains
The platform's ability to seamlessly create decisioning workflows and integrate various data sources led to a substantial decrease in manual effort and engineering hours.
"Oscilar got us faster time to market and a much more efficient analyst team. Our analysts now save a ton of manual effort due to Oscilar's no-code automation and no longer depend on engineers to change risk policies. The best part — we went live in less than a quarter".
Henry Shi
Super.com needed a streamlined loan system amidst manual hurdles and engineering constraints
Super.com aimed to revolutionize the savings experience for its customers, necessitating a robust loan origination system that could process data and establish rules efficiently. The primary hurdle was the extensive manual labor and engineering hours required to launch and manage their lending business within their ecosystem. Traditional tools and approaches were either too cumbersome or lacked the agility and user-friendliness needed for rapid deployment and adaptation to Super.com's dynamic requirements.
Low-code magic transforms Super.com's loan origination
Oscilar emerged as the ideal partner for Super.com, offering a powerful, low-code to no-code platform that dramatically simplified the loan origination process. Oscilar's solution enabled Super.com to seamlessly integrate various data sources, both internal and external, and create complex decisioning workflows without the need for coding.
This not only expedited the setup process but also allowed for easy adjustments and A/B testing of workflows, ensuring optimal performance and compliance with Super.com's policies.
Efficiency soars with Oscilar
The collaboration with Oscilar had a transformative effect on Super.com's operations. Within just three months of implementation, Super.com experienced a significant boost in efficiency, marked by quicker loan approvals and a reduction in manual labor and engineering hours.
The ability to rapidly deploy and refine loan origination processes without heavy reliance on engineering resources allowed Super.com to focus on expanding its offerings and enhancing customer satisfaction. The agility and efficiency gained through Oscilar's platform positioned Super.com as a leader in the financial services industry, capable of adapting to market changes and customer needs with unprecedented speed.
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