A web-based solution to support the loan application processing needs of banks and financial institutions. Our comprehensive solution helps banks, Captive and Non-Captive NBFCs institution technology to control and monitor the various work steps in loan processing and uses digital imaging technology to reduce the delays and inefficiencies in handling paper documents.
The most essential feature of LOS is its loan application processing workflow.
Each loan application is scrutinized from the time it is entered into the system and tracked through the various work steps of the credit review and approval process.
LOS allows these work steps to be performed in different locations while maintaining control of the flow and making sure that the proposal workflow is followed.
Efficiency: Our LOS streamlines the loan origination process by automating various tasks such as data collection, verification, underwriting, and document management.
Accuracy and consistency: By automating the loan origination process, LOS minimizes human errors and ensures consistency in evaluating loan applications.
Improved customer experience:
LOS platforms often incorporate user-friendly interfaces and provide self-service capability to borrowers.
Enhanced compliance: A robust LOS helps financial institutions to comply with regulatory requirements and industry standards.
Risk mitigation: loan origination systems typically include credit risk assessment and evaluation tools.
Integration and scalability: Our LOS can integrate with various systems and databases within the financial institution, such as core banking systems, credit bureaus and document management platforms.
Dynamic Workflow Configuration
Application Procesing
BRE
Configuration
Product Configuration
API
Integration
Document Management
Dashboard
MIS
