What type of workflow does nCino tailor to financial institutions?

nCino tailors a customizable workflow specifically designed for financial institutions to accommodate their unique processes and requirements. This customization allows businesses to modify the workflow to align with their specific operational needs, regulatory compliance demands, and customer engagement strategies.

Unlike generalized workflows, which may not fully address the distinct needs of a particular institution, or standardized workflows that might restrict flexibility, the customizable workflow approach gives financial institutions the ability to design processes that reflect their individual business models. Additionally, it enhances adaptability in responding to changes in the market or technology, enabling continuous improvement in service delivery.

The notion of non-linear workflows is also less applicable in this context, as nCino’s customizable approach typically seeks to facilitate a linear progression through stages of the financial process while allowing for modifications where necessary. The flexibility inherent in a customizable workflow aligns with the complex nature of financial institutions, providing a competitive edge and fostering innovation.