“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.