Which two types of Product Package use cases are defined in nCino?

In nCino, the defined types of Product Package use cases are "Organic" and "Transactional."

Organic use cases refer to scenarios involving the creation and management of a product package that is tailored for internal, holistic solutions within the bank. This could involve a straightforward combination of services and products designed to meet specific customer needs that arise organically from the institution's existing offerings and strategic objectives.

Transactional use cases, on the other hand, pertain to specific, discrete transactions that allow for the bundling of products for a specific need or event. This might include scenarios where customers require a particular set of products or services for a one-off transaction, helping to streamline the process and improve customer experience.

Combining these two types allows financial institutions using nCino to cater to varied customer requirements effectively, balancing both ongoing relationship management and specific transactional needs. This dual approach enhances the flexibility and capability of the product offerings, which is crucial in the dynamic environment of commercial banking.