Benefits for credit team

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  Task Allocation and Turnaround Time (TAT)

  The solution allows for task allocation to vendors, ensuring that each verification is assigned to the appropriate party. Additionally, it provides visibility into the TAT (Turnaround Time) for each verification, enabling the credit team to monitor and track progress.

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  Reconciliation of Vendor Accounts

  The solution includes functionality for reconciling vendor accounts based on a defined cost matrix. This helps the credit team ensure accurate billing and payment to vendors, promoting financial transparency and accountability.

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  Comprehensive Verifications:

  The solution supports various types of verifications, such as FI (Financial Institution) verification, CPV (Customer Physical Verification), RCU (Reference Check Unit) verification, Legal verification, Technical verification, and more. This comprehensive approach ensures that all necessary verifications are conducted to assess creditworthiness accurately.