A borrower applies for a loan. Your team collects documents manually, runs bureau checks separately, types of data into spreadsheets, prepares credit reports by hand, and chases approvals through email chains.
Days pass. Sometimes weeks.
By the time you're ready to disburse the borrower has already gone to a competitor.
This is the reality for hundreds of banks and NBFCs still running manual origination processes. And the fix is simpler than most think: a modern LOS system.