The system is now digital in the review processes of commercial
enterprises' credit applications!
It helps companies to have safer and faster access to the
financial data they exchange with banks during loan application and monitoring
procedures. Until now, commercial enterprises requesting bank loans have sent
their financial data to the banks. While this condition made it harder to
protect the security and confidentiality of the firms' financial data, it also
caused the data analysis operations to take longer.
This procedure, which prolongs credit application and monitoring
processes based on corporate permission&approval, is being moved to an
entirely digital environment. Financial data, such as e-ledgers, congregate
with bank systems in the digital environment if clients desire and are granted
access to them by banks.