Introduction The oil and gas industry has seen rapid adoption of technology and digital initiatives over the last four decades. Digital technologies are now helping oil and gas companies reach the next level in making operations more efficient, productive, and secure. Setting up an efficient Incident Management/Reporting System is vital for RIG operations to be carried out safely with a clear set of processes
Over the last decade, production cost per home loan has nearly doubled, while net profitability per home loan has dropped by 70%, according to mortgage industry data. Simultaneously origination volume fluctuates dramatically, challenging lenders to manage capacity. Lenders want to meet borrowers’ expectation of a fast and digital mortgage experience, but there are roadblocks. Mortgage industry relies on manual processes which negatively effect the