GDS Link Optimizes Capital on Tap’s Credit Decisioning, Boosting Efficiency, Flexibility and Growth
Capital on Tap, a leading small business credit card and spend management platform, serves over 200,000 customers in the UK and US and has facilitated over £10 billion in spending.
Previously, Capital on Tap relied on a complex in-house system that required significant engineering resource. This system became increasingly challenging to manage as their business grew and application volumes soared. The need for a more adaptable solution, to enhance their existing capabilities, became clear, especially as dynamic market conditions like the Covid-19 pandemic highlighted the need for quicker adaptability.
By integrating GDS Link’s advanced credit decisioning platform, Capital on Tap achieved notable improvements:
- They reduced the speed of credit rule changes by 30%, allowing for instant updates and faster integration of new credit models.
- Their data science team now has greater flexibility, with the ability to roll out new products and pricing strategies in under four weeks.
- The need for credit risk development resources dropped by almost 50%, and significant cost savings were realized through third-party data waterfalling.
- The platform facilitated faster international expansion to the US market.
For companies seeking to optimize their credit decisioning and underwriting processes, partnering with GDS Link offers compelling advantages. The platform provides unparalleled flexibility and efficiency, enabling quicker updates and easier integration of new models. It reduces dependency on extensive in-house resources, allowing teams to focus on strategic initiatives while achieving substantial cost savings.
With GDS Link, businesses can streamline operations and accelerate market expansion, positioning themselves for sustained growth and innovation.
To learn more about Capital on Tap’s success story and GDS Link’s solution, download the full case study now and see how you can innovate and grow your operations.
