Auto news on Youtube Oct 1 2018

>> Traditionally, the proposal management process

has been plagued by disparate data sources,

manual processes, and lack of collaboration across groups.

Despite the rise of industrial lending,

lenders who are struggling with

their loan processes wind up

with missed lending opportunities,

dissatisfied customers, and employees

burdened by highly manual and iterative processes.

Without digitization, it's estimated

that some banking staff still spend about 80%

of their time on repetitive and manual tasks.

Introducing Microsoft's Proposal Manager solution.

It helps kickstart the transformation lenders need

to complete more lending cycles without compromising

on risk assessments and to remain disciplined

in a competitive market.

Built on Microsoft 365,

Proposal Manager is fully customizable,

so lending teams can easily

create professional, winning proposals,

streamline and accelerate the process,

and improve productivity and teamwork.

Here's how it works.

Meet Robin, a loan officer.

She's using Proposal Manager

to assemble and collaborate with

the deal team to create

a proposal for a prospective client.

With Proposal Manager, she can

ensure the team captures client needs on the go

while keeping the proposal moving forward from anywhere.

By incorporating team members who

have a deep understanding of the client

and legal and compliance teams to

manage risk and compliance processes,

she can easily engage people with the right expertise.

She can build a detailed workflow with key tasks,

content owners, and schedule.

Built in tracking and notifications make it easy to keep

the proposal progress moving seamlessly

and meet tight deadlines.

Risk and compliance approval processes

are simplified with pre-built workflows,

checklists, and the ability to link

document repositories to to-do items.

It is easy to collaborate and co-author

the draft proposal by assigning

sections of content to the expert on the team,

ensuring key tasks are completed on time and securely.

They can seamlessly edit, iterate,

and track proposal content across the group

while ensuring the completeness

and consistency of documentation,

pricing, risk, and proposal terms and conditions.

The proposal drafting process harnesses

disparate data through links to

external sources such as market data

so that the content in the document is always up to date.

Before Proposal Manager,

data fragmentation made it very difficult

for Robin and her team to be agile,

accurate, and compliant.

Now, they can secure final sign offs to present

the formal commitment letter

and record the client decision.

Built on Microsoft 365,

Proposal Manager helps lending teams

better meet client needs

by delivering more effective collaboration.

Proposal Manager enables lending organizations

to engage the right people and resources,

to transform proposals into an agile,

collaborative, secure, client-centered process.

This enables loan officers like Robin to put together

the most compelling proposals to enhance

the customer experience and grow revenue,

all without requiring significant IT involvement.

To learn more about Proposal Manager,

visit aka.ms/ProposalManager.