With classic methods, lenders struggle to make the right loan decision. Many frauds & insolvency cases were reported, which impacted the banks? financial position. Thus, some end up with closures. However, the launch of modern software became a great hand to lenders? daily tasks and experienced fewer flaws & deviations. The shift towards automation enables lenders to do analysis in the software that works on certain parameters complied with organizational goals. Therefore, fewer brainstorming efforts from lenders end, and customers are more satisfied with the quick loan decision response.