Back
Share

New feature: What-If Analysis lets you measure the impact of workflow changes before they are live

What if analysis

One of the best parts of the Alloy Platform is the ability to easily edit workflows without coding. You can make optimizations and tweak workflows to get better results like more automatic approvals and decreased fraud. But wouldn’t it be great to see what impact these workflow changes would have before you set them live?

Let us introduce Alloy Onboarding’s new What-If Analysis feature. Using historical data, you can now visualize how workflow changes would have impacted your outcomes. This new feature is great news for clients looking to dig into their data to understand the best ways to improve business metrics.

Let’s say you are experiencing too many application denials, and you think good applicants are getting turned away. With What-If Analysis, you can change your fraud score thresholds and see how that would have affected denial rates. You can see the impact without any risk. And if the updated workflow is one you are happy with, you can then mark it active.

Pairing this new functionality with our existing Champion Challenger testing heightens your ability to understand the best ways to optimize your workflows and A/B test various options with real customers.

If you’d like to learn more - and see a full product demo - please join our webinar on September 22nd, 4 pm ET / 1 pm PT.

This feature will be available to all Alloy Onboarding clients starting the week of 9/20/21. You can reference our documentation to learn how to get started once it's available.


Related articles

2 min read
Amerant Bank enlists Alloy to streamline account opening processes

By Laura Spiekerman on Aug 31, 2021

We’re excited to announce that Amerant Bank selected Alloy Onboarding to manage its KYC and KYB for in-branch and digital account opening.

Read more

2 min read
Employee Spotlight: Jonas Fleur-Aime

By Priscilla Philavong on Aug 27, 2021

This month for our Employee Spotlight series, we chatted with one of our engineering managers, Jonas Fleur-Aime, to find out what he looks for while hiring for the Engineering Team and how he finds candidates that are aligned with Alloy's mission and values.

Read more

2 min read
Employee Spotlight: Carmen Perez

By Melissa Vazquez on Jul 13, 2021

This month, we sat down with Carmen Perez, Solutions Architect at Alloy, to talk about her personal finance journey and why she joined the Alloy team.

Read more

2 min read
Connect with us at Money20/20!

By KJ McAlpin on Jul 12, 2021

Our team is already getting excited to head to Las Vegas, Nevada for Money 20/20 in October. Get a first look at some of the activities we plan to participate in at the event.

Read more

Back
Recent Searches