Faster Development Pays Off During the COVID Crisis
Now, just one year after starting with OutSystems, 70 percent of Lendr’s development is completed on OutSystems—a dramatic shift from its previous 100 percent C# reliance.
Its client portal serves more than 400 businesses, covering as many as 700 end users, while over 150 partners use the broker portal. Lendr completed these apps more than twice as fast compared to its previous development methods. By Lendr’s estimate, it would have previously taken seven developers around eight months to deliver the two apps it delivered with OutSystems in just three months.
The client portal also replaces manual email-based workflows, delivering serious time savings for Lendr’s teams. With clients managing their own accounts, Lendr saves four hours of collections agent labor a week, and the sales support team spends 45 minutes less on each funding. Overall, Lendr estimates a saving of over 1,000 hours thanks to their streamlined operations.
The advantage of developing on OutSystems became very clear during the COVID crisis. The team needed a solution that could support its clients through the application process for Paycheck Protection Program (PPP)—vital assistance for small businesses disrupted by lockdowns.