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The banking infrastructure that lets you serve every account like it’s your best

  • Business Lending

Novuna reduces onboarding from days to minutes with Codat

Onboarding reduced from days or weeks to minutes
Data entry reduced from 1–2 hours per week to a few seconds
Increase in new business through quicker decisioning
About Novuna

Fast, flexible cash flow finance for growing businesses

Novuna Business Cash Flow provides fast, flexible cash flow finance solutions to SMBs and larger corporates across a wide range of sectors. Their services include invoice finance, credit protection against bad debt, and debt collection support.

"This was crucial because the longer it took to onboard a client, the less likely they were to need our services. Often, by the time we were done with the process, the cash flow issues they had experienced had already been resolved. We found that if we took too long, the client would go to an alternative provider that was much quicker."
James Burr
Head of Change at Novuna Business Cash Flow
The solution

Digitized onboarding and real-time data integration

Novuna integrated Codat directly into its onboarding journey, allowing sales teams to send a branded email with a secure Codat connector. Clients can then share their accounting and banking data quickly and securely. Once connected, the data flows automatically into Novuna’s Salesforce, populating credit application fields instantly and removing the need for manual entry.

Beyond onboarding, Codat continues to support ongoing monitoring by delivering real-time insights and flagging discrepancies in client bank accounts.

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"Codat has significantly reduced the time it takes for us to onboard a new client. Instead of taking days or weeks, we’re now able to accomplish this within minutes."
James Burr
Head of Change at Novuna Business Cash Flow
The outcome

Accelerated decisions, increased new business

Novuna created a more consistent and efficient underwriting process. Decision-making is now faster, risk monitoring is more robust, and teams spend less time on manual administration. The result is a better client and colleague experience, alongside increased new business.
"Codat provides real-time insights, replacing the previous quarterly checks, which were probably 30-45 days out of date with a daily overview reflective of real-time performance."
James Burr
VP of Engineering

Key Results

  • Onboarding reduced from days or weeks to minutes
  • Sales data input reduced from 1–2 hours to a few seconds
  • Quicker turnaround times for decision-making
  • Increased new business and improved conversion
  • Real-time client monitoring replace outdated quarterly checks
"The partnership with Codat has absolutely made us more competitive. We now have one of the strongest software stacks out there."
James Burr
Head of Change at Novuna Business Cash Flow