The opportunity
The goal is for Innovation Norway to have a modern and flexible solution that simplifies and improves the credit process, where new products can be established quickly and at the same time ensure that regulatory requirements, documentation, and traceability are met in an efficient manner.
Innovation Norway's main task is to facilitate innovation and business development throughout the country. This requires great support systems for case processing and customer follow-up, from application, via analysis and processing, to decision-making and follow-up.
What we deliver
Stacc delivers a complete case processing solution that combines our financial analysis and advisory tool for businesses with a highly automated credit process. The solution includes automated processing of applications for loans, grants, and guarantees, financial analysis of businesses, credit process, registration of pledge and disbursement. The solution also includes an administration client that makes it easy for innovation Norway to change interests and fees as well as decision rules that underlie whether an application is handles as “green” with automatic approval, “yellow” for manual processing or “red” for automatic rejection.
The solution is also integrated with Innovation Norway's own solutions and third parties to reduce time, costs and risks, increase quality and speed up time to market launching new products and services.