Boss Insights’ platform digitizes lending to grow relationships between banks and their business clients. Thanks to Amazon style advancement, there is a growing divide between lenders’ service and businesses’ expectations. Banks excel in regulation, however, operate with limited information on their business clients (out of date and gathered manually). Boss Insights’ API hub empowers lenders to bridge the divide. APIs are the most efficient way to digitize existing processes enabling accelerated service and a complete view in real time. The platform is used to accelerate SBA, SMB and Commercial Lending from months to minutes. It also supports cross-selling products empowering banks and credit unions to proactively serve customers.
During COVID, due to necessity, lenders were willing to invest in digitization of the PPP forgiveness process. Boss Insights’ platform provided instant forgiveness calculation in 3 steps and showed that digitization in lending is easily achievable. Banks who digitize gain up to 30% increase in revenue and 10x product adoption per business client. That’s the power of an API hub, the backbone of Boss Insights’ platform. We’re in market working with banks and credit unions who seek to gain an advantage over competitors through digitization and improve the service levels for their business customers.
Boss Insights started with a vision to empower lenders to measure businesses on their merit in addition to their credit. In an era where tech giants have increased customer expectations, lenders and private capital providers are challenged to offer complete and personalized solutions. Boss Insights’ data platform gives lenders the clearest view of their business customers. The platform accelerates small business and commercial lending from months to minutes. It also increases sales opportunities for other financial products. Our mission is to provide banks and credit unions with a real time understanding of their business client enabling them to offer customer delight. We will continue to empower lenders within weeks so they can support the economic engine of our society: SMBs and Commercial Businesses.
Since 2017, Boss Insights has been using our expertise in lending and scalable technology to improve communication and collaboration between borrowers and lenders.
Our Compound Data Platform facilitates the flow of capital from lenders who have it to business borrowers who need it. We built the global leading number of API integrations so clients can scalably integrate internal and external data in real-time to get a complete view of health in one place.
Boss Insights provides 360⁰ insights on business borrowers, streamlines the lending journey, and accelerates the flow of capital from months to minutes. We open the door to customer arbitrage, deposits and other revenue generation opportunities.
Our platform is configurable to any financing model. It runs alongside the traditional credit process to look at the probability of default, detect early warning signals and revenue generation opportunities.
Boss Insights has been fortunate to work with some excellent partners. We’re grateful for the thought leadership, network and support.
Proud recipient of support from the Government of Canada through the Federal Economic Development Agency for Southern Ontario.
Fier bénéficiaire de l’appui du gouvernement du Canada à travers l’Agence fédérale de développement économique pour le Sud de l’Ontario.