Business Process Management Use Case Example

6.2
- 6.1.2
- 6.1

Back Next

Proposed Algorithms

You can use the algorithms presented in the BPM use case during the loan processing. You can include additional steps or eliminate steps to the algorithm depending on the outcome of a process.

The following figure depicts the process flow in a loan processing system:

The proposed algorithm evaluates data based on the credit rating system and all the availed loans to approve or reject loans.

You can add parallel workflows within RulePoint to evaluate the loan eligibility.

The following figure depicts some of the workflows that you can use in RulePoint to evaluate the data:

The workflows show the various rules you can use to evaluate the loan eligibility for an applicant. In workflow 1, age of the applicant and the loan payment term decide whether an applicant is eligible for the loan. Workflow 2 includes additional conditions, such as the salary, all availed loans, attached net assets against the loan amount request to decide the loan eligibility. Workflow 3 includes the salary, all availed loans, salary of the spouse, repayment period, years in marriage, and number of dependents that decide the loan eligibility.

Rename Saved Search

Table of Contents

Business Process Management Use Case Example

Business Process Management Use Case Example

Proposed Algorithms

Proposed Algorithms