Whitepaper - Credit Decisioning

Making decisions is like predicting the weather by looking at the sky, you can only make as much forecast as your eyes can see and your mind can conceive. When it comes to business decisions, you can’t go so basic. Every business decision you make has major outcomes, whether good or bad. This can’t be more true than in the case of banks and lending institutes who simply can’t afford loose decision making. Of course, nobody can predict a hundred percent right, but it has to be near accurate. Humans as decision-makers can only rely on their instincts, experience, and a set of standard information & procedure but nothing solid to lean on. Not to mention the biases, moods, and temperaments that may fog normal thinking abilities. This is where decision automation comes.