Business Objective Overview - Business Process Automation

Workflow and business process automation has become the lifeblood of companies in every industry. Whether for customer onboarding, loan processing, application verification, expense processing or clinical trials, automated workflows keep companies running smoothly. Until recently, this level of automation was only available via expensive legacy tools that required complicated tailoring and programming to replicate custom business processes. As Microsoft Office and SharePoint have evolved, companies have turned to these suites to implement critical business processes. Though more cost effective than legacy tools, creating custom workflows and processes with "out of the box" SharePoint still requires and complex skills and, in many cases, custom .NET or Java programming. This often leads companies into the same trap they sought to escape by migrating to SharePoint in the first place. With Bamboo Solutions, SharePoint applications can be deployed quickly without programming so financial organizations save hundreds of thousands or even millions of dollars in precious budget. Bamboo's Workflow Conductor product utilizes SharePoint workflow but offers non-technical users a simple, graphical interface to design work processes. Better yet, this workflow framework neatly interacts with over 50 other Bamboo components giving it tremendous range of functionality. Finally, work processes created using Bamboo's Conductor can be saved as reusable templates for other similar business processes. This eliminates "reinventing the wheel" syndrome. Bamboo's goal is to finally remove all obstacles to work process improvement - technology, cost, training and complexity.

Solutions Brief - Loan Operations & Credit

One of the key challenges faced by a major bank was collaborating on the approval process for credit applications. Sharing of customer-and application-specific information with appropriate users was a challenge given the large amount of document-based data that needed to be collected. The bank was interested in what could be done with SharePoint out-of-the-box, or with third-party components that would help in centralizing access to information, improving decision making workflows, and allow for secure communication. The firm determined that with SharePoint as the foundation and Bamboo as the functional layer, a solution could be quickly deployed to address all of their needs while being extremely cost effective. They were particularly impressed by Bamboo's ability to bring visibility and accountability to task management - a factor that greatly increased overall productivity.

As a result of this solution, the client is able to deploy customer-specific workflows for credit approval and has the ability to "roll up" a consolidated view of key activities to a centralized location. There is now secure, firm-wide visibility into all phases of the loan application and approval process. The end result is a more secure, standard process for loan applications, reduced cost and time associated with credit applications, and better customer service.