Automating a Student Loan Application Process - EnterWorks_Process_Exchange_(EPX) - 10.5

EnterWorks EPX Process Modeling

Product type
Software
Portfolio
Verify
Product family
EnterWorks
Product
Precisely EnterWorks > EnterWorks Process Exchange (EPX)
Version
10.5
Language
English
Product name
Precisely EnterWorks
Title
EnterWorks EPX Process Modeling
Topic type
Administration
Configuration
First publish date
2007
ft:lastEdition
2023-07-28
ft:lastPublication
2023-09-20T03:37:01.911821

A university might implement EPX to automate the student loan application process to avoid extraneous paperwork, speed up the application process, and reduce errors. This process would require interaction between university students, administrators, managers, and accounting.

  1. The student fills out paperwork for the application and mails it to the financial aid department at the university.

  2. The application is passed to administration, where the application is reviewed.

  3. The application is passed to a manager for approval.

  4. The application is passed to the accounting department, which either generates the appropriate check and mails it to the applicant, or documents the reason for denial and mails a letter to the applicant.

The process might look like this when implemented with EPX: