Successful Rollout: Credit Decision System KM3 in the GEFA
Early as last November, the credit decision system KM3 has been rolled out successfully in the GEFA under the name CAS - Credit Approval System. Since then more than 500 users work with the system on a daily basis and approve more than 60 applications a day. Currently the system administers approx. 15.000 applications.
Especially the versatile work flow supports the users in their daily work and makes it even more efficient. The usage of the web-application via the browser is also becoming more and more popular. Flexible working and Home-Office usage are improves and now very comfortable to handle. Implicitly up-to-date data is very important to ensure a financing decision. All necessary data is retrieved online from the leading systems. This guarantees that the data and the calculations are always live and up-to-date.
The roll-out happened within one week, after the prerequisites in the headquarters and in the divisions of the GEFA had been matched. In this process, the employees of the GEFA worked efficiently and professional hand in hand with our employees. The future users were trained intensely before the roll-out and were given support during the start. On this account the employees of the GEFA have been able to work productively with the system from the first day on.
„We are absolutely convinced about our new decision system! So we created the necessary requirements for better and more efficient financing decisions. Now we can implement further competitive advantages and process cost optimizations", says Dr. Rolf Hagen, president of the GEFA.
The introduction of the credit decision system KM3 has proven itself as a very successful and promising one. Several other companies within the Société Générale group have shown interest in using KM3
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