70% Drop in Errors     |     35% Increase in Customer Satisfaction     |     20% Higher Retention Rate    |    40% Better Risk Management     |     200% Boost in Loan Management     |     70% Drop in Errors     |     35% Increase in Customer Satisfaction     |     20% Higher Retention Rate    |    40% Better Risk Management     |     200% Boost in Loan Management     |     70% Drop in Errors     |     35% Increase in Customer Satisfaction     |     20% Higher Retention Rate    |    40% Better Risk Management     |     200% Boost in Loan Management     |     70% Drop in Errors     |     35% Increase in Customer Satisfaction     |     20% Higher Retention Rate    |    40% Better Risk Management     |     200% Boost in Loan Management     |     70% Drop in Errors     |     35% Increase in Customer Satisfaction     |     20% Higher Retention Rate    |    40% Better Risk Management     |     200% Boost in Loan Management     |     70% Drop in Errors     |     35% Increase in Customer Satisfaction     |     20% Higher Retention Rate    |    40% Better Risk Management     |     200% Boost in Loan Management     |    

“By implementing Newgen’s loan management system, we’ve cut processing time by 60% and reduced errors significantly. We are poised to scale up efficiently with seamless processes.”

Head of Retail Business, Leading Indian Bank

Learn what Newgen’s Loan Management and Collections Solution can do for you

Empowered Customer Self-Service

Provide your customers with a seamless, self-directed experience through our loan management system. The self-service portal enables borrowers to manage repayments, reschedule loans, make document requests, and track loan facilities independently, enhancing satisfaction through transparency and convenience.

Unified and Streamlined Loan Operations

Simplify loan servicing with a centralized interface consolidating loan management requests such as repayments, rescheduling, and document handling. Effortless integration with third-party systems and an easy-to-use accounting configuration streamline and optimize the entire loan lifecycle.

Insightful Data and Scenario Analysis

Gain actionable insights with detailed cash flow reports and analytics, allowing you to track loan performance by customer or company. Use “What-if” scenario analysis to assess rescheduling options for customer requests, while automated amortization schedules and accrual calculations ensure accurate financial management.

Cloud-Based Flexibility and Easy Configurability

Enjoy the benefits of a fully cloud-enabled platform allowing easy setup and scalability. The solution’s flexible configurability lets you quickly adapt to new products, fees, and other settings, meeting evolving market needs with minimal effort.

Empowered Customer Self-Service

Provide your customers with a seamless, self-directed experience through our loan management system. The self-service portal enables borrowers to manage repayments, reschedule loans, make document requests, and track loan facilities independently, enhancing satisfaction through transparency and convenience.

Unified and Streamlined Loan Operations

Simplify loan servicing with a centralized interface consolidating loan management requests such as repayments, rescheduling, and document handling. Effortless integration with third-party systems and an easy-to-use accounting configuration streamline and optimize the entire loan lifecycle.

Insightful Data and Scenario Analysis

Gain actionable insights with detailed cash flow reports and analytics, allowing you to track loan performance by customer or company. Use “What-if” scenario analysis to assess rescheduling options for customer requests, while automated amortization schedules and accrual calculations ensure accurate financial management.

Cloud-Based Flexibility and Easy Configurability

Enjoy the benefits of a fully cloud-enabled platform allowing easy setup and scalability. The solution’s flexible configurability lets you quickly adapt to new products, fees, and other settings, meeting evolving market needs with minimal effort.

Customers
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Prebuilt Connectors & APIs
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Benefits of Newgen’s Loan Management and Collection Solution

  • Increase tracking of loan applications by 75% and lower processing time by 60%
  • Manage amortization schedules with automated calculations, ensuring accurate financial monitoring.
  • Ensure smooth connectivity with third-party systems across the loan management lifecycle.
  • Enable borrowers to manage repayments, rescheduling, and document requests independently.
  • A self-service option for tracking loans and initiating management services.
  • Multiple payment options, including auto-debits, checks, and third-party channels, to offer convenience and flexibility.
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Find Your Winning Strategy with Newgen

See Newgen’s low-code digital transformation platform in action. Request a demo of Newgen’s platform and industry-specific applications.

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