New software will help Sberbank to deal with bankruptcies quicker

To the middle of 2016 Sberbank is going to develop and implement software for automation of work of bank in insolvency proceedings. With its help Sberbank expects to increase efficiency of process of work with troubled assets and also settlements of problem debt of legal entities concerning which insolvency proceeding is performed follows from the project documentation published in January, 2015.

New also the centralized storage and an access to the information of cases of bankruptcy at all territorial levels of bank should provide to software automation of the current end-to-end business process on projects of bankruptcy in management on work with troubled assets of central office of Sberbank.

Among other opportunities – formation of standard documents in division of Sberbank on work with troubled assets on the basis of data in a system, formation of statistic and operational analytical reports about work of division in insolvency proceedings, partial automation of modeling of possible versions of the register of requirements of creditors.

Sberbank automates work in insolvency proceedings

At the expense of a new system Sberbank expects to reduce time expenditure by information search and preparation of documents in insolvency proceedings approximately twice, to reduce number of forms of the internal reporting and to exclude single requests of formal information on insolvency proceedings, to minimize paper document flow, etc.

Among systems with which the work automation system in insolvency proceedings –a BPM system will be integrated. From it data on decisions of the courts on debt collection and the address of a claim to property according to statements of bank, about executive documents, productions and interim measures regarding the procedures implemented by division of Sberbank on work with troubled assets will be loaded.

A system will also be able to obtain required data on clients legal entities from a corporate CRM system: in particular, data on debtors, about loan agreements, about publications about bankruptcy.