As the fastest-growing bank in Indonesia, ANZ knew its rapidly increasing transaction volume would eventually overwhelm its existing business processes and workflow. The number of emails, calls and paper forms that employees managed was preventing faster customer service, and making governance difficult. Governance (being able to see who sent, received, approved or stored a document and when) had become integral to effectively monitor compliance and process issues. The bank wanted to implement a tool that would work across business units to enhance operational efficiencies and scale easily to support business growth. The solution was Nintex.
The bank considered various solutions for streamlining its loan application process, from customizing SharePoint 2010 workflows to commissioning a custom-coded system. ANZ decided that these options were likely to take too long and require too much work and maintenance, and decided the best strategy was to automate its loan application workflows. The bank chose IT partner Ebiz and Nintex Workflow for the solution.
ANZ is an Indonesian bank that offers a full range of products and services—including credit cards, personal loans, mortgages and wealth management—for corporate and individual customers in the infrastructure and agriculture industries.
To handle its growing volume of transactions, ANZ Bank wanted to replace its manual processes for retail and institutional operations with a scalable, standardized solution that provided workflow transparency, electronic collaboration, and document storage.
ANZ Bank chose Nintex partner, Ebiz Cipta Solusi, to automate authentication, approval, and compliance processes based on existing Microsoft SharePoint 2010 and SQL Server 2008 installations—with the addition of Nintex Workflow and Nintex Forms.
Like most banks in Indonesia, ANZ manually handled document submission and verification. With loan and ATM applications, for example, customers filled out paper forms and sent collateral documents and other background information to bank branches by mail or courier. To submit loan documents for verification, branch officers traveled to the bank’s headquarters, or used postal mail, email and phone calls. They also scanned documents, saved them as .pdf files, and then either emailed or saved them to Microsoft SharePoint 2010 folders.
Due to the many methods of document submission and sheer volume of data, process documents might be lost or transactions overlooked. If branch officers missed an expired date on customers’ certificates and registration papers, the bank’s headquarters had to request and approve updated documents, which slowed approval and compliance. Missing or inaccurate data generated more phone calls and email between the branches and headquarters. Considering that the loan approval process alone has up to five layers of approval, streamlining collaboration and workflow with transparent governance was a top priority.
Verification is also an essential part of regulatory compliance. ANZ must adhere to financial regulations, including the Foreign Accounts Compliance Act. This act requires that all banks outside the United States provide key information about U.S. clients, including citizenship validation, to the Internal Revenue Service. ANZ wanted to streamline this complex process.
The bank’s Nintex solution boosts productivity by 10% to 15%, with fewer people in institutional and banking operations needed to verify the same number of loan application documents. Automating the loan application process was such a success that the bank decided to look at other manual processes it could automate with Nintex Workflow.
As of late 2014, ANZ Bank has implemented the Nintex solution at all its branches in Indonesia, to streamline retail, institutional and branch operations. It also plans to automate procurement processes.
For Man Diesel & Turbo Operations, increased system reliability and productivity were top priorities that their old workflow system couldn’t keep up with. That’s why they turned to the Nintex Suite.
For Man Diesel & Turbo Operations, increased system reliability and productivity were top priorities that their old workflow system couldn’t keep up with. That’s why they turned to the Nintex Suite. For Man Diesel & Turbo Operations, increased system reliability and productivity were top priorities that their old workflow system couldn’t keep up with. That’s why they turned to the Nintex Suite.