JETSTREAM Case Study - Application Processing

We were engaged to implement the JETSTREAM database solution for a finance brokerage business that serves the Office Equipment market. The business operated from a sizeable office filled with desks piled high with files and was characterized by a cacophony of phone conversations creating a sense of chaos. Much of the noise stemmed from sales representatives inquiring about the status of their deals and what actions were necessary for approval.

Over the subsequent weeks and months, we integrated JETSTREAM, which offered several key features:

• Deals loaded into the database along with scanned copies of all related documentation.
• Standardized approval processes with each step recorded.
• Financial calculations ensuring clear and consistent documentation for bank lenders.
• Accurate internal accounting through brokerage calculations.
• Production of all necessary documentation.
• Online access for salespeople to monitor deal progress and obtain required information.

From the business's perspective, this implementation was highly successful, delivering a substantial return on their investment through:

• Reduction in staff requirements.
• Decrease in active filing space requirements.
• Enhanced accuracy.
• Improved relationships with bank lenders due to better documentation.
• Enhanced relationships with sales representatives and suppliers owing to quicker turnaround times.
• Capability to offer a broader range of financial options.
• Greater flexibility permitted by banks due to their confidence in the system's reliability.

As a result of these enhancements, the business has experienced over 100% growth.

JETSTREAM is a fully integrated Business Process Management Database Solution that can add significant value to your business.