FinnOne Neo Customer Acquisition System (CAS)

Functional Details

FinnOne Neo CAS is a flexible and robust loan origination software, which supports multiple lines of business and its architecture allows easy integration with third-party systems. FinnOne Neo CAS includes all the essential tools required by a lender in loan origination process:

• Dynamic and robust workflow engine: Define workflows as per the product and scheme
• User defined interface: Inclusion of dynamic forms and configuration of user-defined validations with robust rule engine
• End-to-end audit trail for all major changes
• De-dupe: Perform search on the defined data set such as customer information, credit application information and databases
• Policy management: Define the risk and credit policy rules and automatically perform a policy check on the applications
• Process automation: Automate the decision process of a human underwriter
• Exposure Calculation: Calculate customer’s total exposure across multiple loans
• Complex business processes: Supports procedures such as Moratorium, Balance Transfer for internal/external loans and multiple disbursal support
• Field Investigation automation: Automate field investigation initiation/waiver/allocation based on rules

• Limit Management: Customers can modify the sanction amount, loan limit amount, limit expiry date; customize loan withdrawal amount, repayable and re-drawn loan amounts based on loan-type and frequency

• Omni-Product in a single loan application: Multiple loan products can be sourced in a single loan application

• Flexible Repayment Frequency: Daily, weekly & bi-weekly repayment frequencies supported for both, single & multi-disbursals

• • Real time updation: Through geo-tagging, real time updation of field investigation status
• • Configurable System: Supports workflow, communication and policies configurations
• • Straight Through Processing: End-to-end automation capabilities such as Ekyc, credit approval, auto-authorization of instrument details and automatically fetching banking details from 3rd party systems

  • Split loans: Provision of creating two loans in the same loan application booked on different rate types

  • Credit approval on e-mail: Underwriters can provide credit approval over e-mails on-the-go
  • Calculation of application TAT: Provision for calculating and displaying the application TAT in addition to stage wise TAT
  • • Karza integration: Digitizing authentication and enabling faster credit decisioning
    •  Financial Lease:  Capabilities include handling both graded and equated rentals, defining repayment parameters etc.
    • Collateral Management System: Manage the complete collateral lifecycle seamlessly with a consolidated view of collaterals across the organization
    • Serviceability computation: Assess the ability of a borrower to repay the loan as per their financial position

    • Digital video KYC integration: Boost digital business growth with loan customer onboarding in minutes over Video KYC as per regulatory norms

    • Multi property assist: Financial institutions can source multiple primary properties in a single application.
    • Operating lease: Handle criticalities of operating lease for moveable assets including consumer/commercial vehicle, commercial and farm equipment efficiently