Salesforce DecisionLogic integration is extremely beneficial for business lending organizations. If you are running a lending enterprise, you will have all the details regarding your borrower’s store within the CRM database of Salesforce. If you integrate these details with DecisionLogic, you will be able to automate the process of verifying the credentials of the borrowers already registered in the Salesforce database.
Also, the integration between Salesforce and DecisionLogic would allow you to obtain your borrower’s bank statement with Salesforce. This information would help you maintain extensive records of all the transactions taking place between you and your borrowers. The tools and components of Salesforce would help you in keeping complete track of all the activities undertaken on the platform of DecisionLogic and help you organize your financing activities.
There are situations where borrowers tend to apply for more than one loan or advance from the lending organization without their knowledge. If you undertake your lending transaction using DecisionLogic, you can view the bank account of your borrowers in real-time and check whether they have applied for more than one loan or advance with your organization. This would prevent your business to be more leveraged than required and reduce the scope for fraudulent activities.
If you view your borrower’s bank account statement with Salesforce, you can enter this record to a relevant Salesforce object and manage the concerned lead using this information. If the account information is valid, the lead can be qualified and if not, it will be removed from the sales pipeline. You can also use the financial statements Salesforce saves in undertaking future transactions with the same borrower by adding it to the bank of the transaction history.
Summing up, the Salesforce DecisionLogic integration would help you in recording, storing, processing and analyzing the details of the borrowers you dealt with through the platform of DecisionLogic. This would provide your clients/users with an ideal mix of services provided by both the platforms in an efficiently synchronized manner.