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Kofax’s Solution Uses Multiple Channels to Enhance the Underwriting Process

This post is part of our live coverage of FinovateAsia 2013.


Next, Kofax showed how its omni-channel solution accelerates and enhances the underwriting process:
“Kofax is demonstrating how lenders can engage borrowers directly on mobile devices enabling them to interact with the loan origination process. Specifically when loans are not in good order and trailing documents are required, the solution engages customers providing them multiple channels to accelerate and supply the complex underwriting process. 
While mobile is the preferred channel, an omni-channel approach is realized using web, email, or fax. Additionally as these supporting documents are processed, analytics technology provides real-time dashboards and visibility across channels of customer engagement and adoption highlighting patterns, trends, bottlenecks, and efficiencies for right channeling customers and improved decisions.”
Presenting Drew Hyatt (SVP Mobility) and Dimitri Snowden (Visual Strategist)
Product Launch: March 13, 2013
Metrics: Subsidiaries: 30 countries, Employees: >1,200, Channel Partners: 800+, Products: Available in 70+ countries, Customers: 20,000+, London Stock Exchange: KFX, Revenue: $262.5M, Adjusted EBITA: $48.5M, Adjusted Diluted EPS: $0.38, Cash: $81.1M
Product distribution strategy: Direct to Business (B2B)
HQ: Irvine, CA, USA
Founded: 1985