Better SPAC Presentation Deck
Tinman automates
tasks to streamline
the customer
journey
●
Tinman breaks down specialized,
human-generated tasks into simple,
machine-driven tasks to improve
labor liquidity and lower overall labor
costs
Average funded loan now features
>400 fully automated activities - as
more processes are automated, each
loan requires fewer labor hours to
complete
Note: 1. Total transactions equals the sum of human generated, machine
generated, and automated tasks. 2. Human generated tasks are
manually created and manually assigned 3. Machine generated tasks are
machine created and manually assigned 4. Automated = Automatically
created and automatically processed tasks. Certain automated activities
require minimal manual review by regulatory law; we consider these
tasks automated. 5. Better internal estimate based on industry research
6. Hours represent time spent in Tinman by Better Employees
Better
Increasing Task Automation
Human-generated
tasks²
Decreasing Labor Hours Per Loan
Q4 2020 Rate Term
Refinance Loans
1,200
1,000
800
600
400
200
>350% increase in
total tasks¹
0
92
2016
Q4 '20 Average:
29 hours
66
12
14
20
Machine-generated
human fulfilled tasks³
Q1 '19
Average:
38 hours
425
40
2020
391
28
6
60
Hours Per Loan
Automated tasks4
Industry Average5:
70-100+
80
Q4'20
100
25
20
15
10
5
Q1'19
Q1 2019 Rate Term
Refinance Loans
20View entire presentation