Case Study: Leading U.S. Bank achieves 50% faster commercial loan booking with WorkFusion

How Automation Helped Cut Commercial Loan Booking Time in Half

Leading U.S. Bank needed a way to improve its commercial loan booking process, which was highly manual, slow, and error-prone. The team had to key more than 80 data fields by hand and struggled to meet SOX compliance requirements, making the work difficult to scale efficiently.

WorkFusion implemented WorkFusion Smart Process Automation (SPA) to extract key data from unstructured loan documents and create an audit trail for compliance. The solution cut manual handling time per loan by 50% and improved data entry accuracy by 80%, while also giving analysts more time to focus on validation and complex cases.