Digitizing End-to-End Cloud Lending
FinnOne Neo Cloud, an advanced cloud lending platform, helps digitize the entire lending process. Supported by a highly efficient credit decision making engine, the solution has been designed to improve “Time to Yes”, and shorten “Time to Cash”. The system helps financial institutions achieve faster processing, paperless operations, workflow based automated decision making and comprehensive credit scoring.
Anytime Anywhere Lending
FinnOne Neo Cloud supports multichannel lending across the lifecycle including internet and mobile, while seamlessly integrating leads coming from various sources such as call center and third party lead sourcing platforms. Company agents can easily manage origination and compare schemes to offer the best product to the borrower, helping extend sales organizations while maintaining centralized control. The customer self-service feature with document upload capability not only reduces the cost of origination but also enhances user experience.
Launching Targeted Products Faster
With rapidly changing customer needs, financial institutions need to quickly launch new, targeted and innovative products. With FinnOne Neo Cloud you can create and launch new products in a matter of minutes using pre-defined rules, policies, pre-configured masters, dynamic forms and configurable workflows. The solution enables the creation of virtually any kind of product by combining features from existing products while rapidly adding new components.
Making Better Credit Decisions Faster
FinnOne Neo Cloud allows easy configuration of credit rules and policies along with seamless integration with credit bureaus. The analytics based comprehensive credit scorecards can be generated for individual applications to ensure that the only applications that move forward are the ones that match the qualification criteria. Not only does this filtering free up processing capacity, but it also eliminates errors caused by manual processing. FinnOne Neo Cloud makes the entire credit decision process highly efficient, convenient and automated.
Reducing NPAs with Automated Collections
FinnOne Neo Cloud lending helps financial institutions minimize delinquencies by efficient, automated tracking and management of delinquent accounts. The solution manages the entire loan collections lifecycle from soft calling of delinquent customers to tackling hard bucket collections, including the follow up of legal cases until final closure. It provides a complete picture of the entire team’s collections efforts and prompts tele-callers and field collectors for next action.
Extracting Insights for Proactive Decision Making
With cutting edge statistical and data analysis capabilities, Nucleus Lending Analytics is a powerful and user-friendly solution enabling informed decision making through data visualization and business insight generation. The solution uses sophisticated predictive scoring models to allow various financial institution stakeholders to create scorecards that span the entire loan management life cycle – from lead generation to collection. It has been designed to address various business drivers such as comprehensive risk management, enhanced customer experience and targeted marketing.