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OverviewUnderstanding the Existing ChallengesDesigning a Streamlined Approval WorkflowTesting and Refining the SystemOutcomesKey TakeawaysArrow icon that navigates to the top of the page
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Product

MitiManager is one of Mitigram's key products, allowing enterprise users to manage, edit, and track all their financial transactions. Users can also initiate and share approvals with internal teams and banks through this platform.

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Problem

The existing approval process was manual, time-consuming, and lacked visibility. Approvers struggled with delayed decisions, unclear responsibilities, and fragmented communication.

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Impact

MitiManager’s improved approval system streamlined the process, improving efficiency, reducing approval times, and providing a clear audit trail for compliance and decision-making.

Guarantee Workflow 1Guarantee Workflow 2
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Understanding the Existing Challenges

Approving Guarantees in trade finance required multiple stakeholders, but the manual process caused inefficiencies:

Lack of Transparency

Users couldn’t easily track approval status. They had to wait for a confirmation via email or phone call.

Approval Delays

Delays in decision making due to unclear responsibilities of the approvers.

Inaccessible Past Approvals

Difficulty in retrieving past approvals for compliance audits.

Flow diagram of the current approach vs new approach
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Designing a Streamlined Approval Workflow

We designed an intuitive approval system with a structured flow:

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Centralised Location

Provides real-time visibility on pending approvals.

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Role-Based Approvals

Clear assignment of responsibilities for faster processing.

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Automated Notifications

Alerts approvers about pending tasks, reducing delays.

User-Centered Approach

Research showed that approvers needed clarity and efficiency, so we focused on reducing cognitive load and simplifying key interactions.

Guarantee Workflow Project - wireframeGuarantee Workflow 3Guarantee Workflow 4Guarantee Workflow 5
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Testing and Refining the System

We conducted usability testing with internal stakeholders to refine the system:

Remaining Challenges:

  • Some approvers needed an option to delegate tasks easily.
  • Compliance teams required a more detailed audit log for regulatory purposes.

Positive Feedback:

  • Users found the cards intuitive and appreciated the real-time updates.
  • Automated notifications helped reduce bottlenecks in approvals.
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Outcomes

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Daily Adoption

With more than a 70% adoption rate, users intiate and execute approvals on a regular basis.

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Faster Approvals

The new system reduced approval times by 60%, improving efficiency and transparency.

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Ensuring Compliance

Clearer audit trails ensured compliance with financial regulations.

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Key Takeaways

Enhancing Visibility Drives Efficiency

Real-time tracking significantly improved decision-making.

Automation Reduces Bottlenecks

Proactive notifications ensured timely approvals.

Flexibility Matters

Delegation features and detailed audit logs were critical for user adoption.

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