Banco Popular develops rapid process automation to bring transparency to 400 users in just 6 weeks
6
weeks to deploy first processes
400
users, one in every branch of the bank
The economic downturn left banks such as Banco Popular with a burning problem: how to dispose of toxic assets quickly and legally - while also delivering a fair deal for homeowners.
Entrusting Bizagi and EY with real estate assets worth €12,000m, Banco Popular developed a series of high-energy process initiatives. In 24 weeks, Bizagi created a total of four processes that together allow the bank to buy, approve, sell and instigate judicial proceedings for its entire property portfolio.
Initially, we only planned for 50 users for one process. Today, there are 400 users using all five processes – Bizagi is going viral, with one user in every branch."
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