Frequently Asked Questions

FAQs for Low Code Digital Transformation. Learn about Enterprise Content Management and Low Code Application Development.

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Enterprise Content Management

How do large enterprises leverage content services platforms?
How is ECM different from Content Management System and Web Content Management?
How should one choose the right ECM platform?
Should an enterprise upgrade its enterprise content management platform to a modern content services platform?
What are content services platforms?
What common use cases of a modern ECM platform in an enterprise?
What is enterprise content management?
What role does ECM play in the digital transformation strategy?
Why should you deploy a content services platform on the cloud?

Low Code Application Development

Can low code replace developers?
What are the types of robots in RPA?
What can robotic process automation do?
What is a low code application development platform?
What is a low code development environment?
What is low code application development?
What is Robotic Process Automation?
What is the difference between low-code and no-code?

Business Process Management

Is business process management different from business process reengineering?
What are some of the industry uses cases of BPM?
What are the benefits of automating business processes?
What are the benefits of using process modeling?
What do you mean by process modeling?
What is business process management software?
What is Business Process Management?
What is process modeling software?

Online Account Opening

Does Newgen provide an online account application portal?
How does the Newgen solution handle customer onboarding workflow?
Is the Newgen online account opening solution hosted on the cloud?
Which systems Newgen’s online account opening software integrates with?

Lending

Does Newgen LOS provide the ability to customize the solution based on different credit bureau requirements and model it as per different product types?
Does Newgen provide an online loan application portal?
Does the Newgen loan origination system support workflow?
Does the Newgen solution allow for auto-decisioning of loans?
How does Newgen LOS manage loan approvals?
How does Newgen’s consumer loan software manage loan approvals?
Is the Newgen loan origination solution hosted on the cloud?
What are the reporting capabilities of Newgen Loan Origination System?
What types of loans Newgen’s digital loan origination system supports?
Which systems Newgen’s loan origination software integrates with?

Trade Finance

Does Newgen offer OCR and data extraction technology in Trade Finance?
Does Newgen’s Trade Finance Solution come with a compliance/sanction screening process?
Does Newgen’s Trade Finance Solution come with a front-end/customer web portal?
Does Newgen’s Trade Finance Solution come with a Payment Hub?
Does Newgen’s Trade Finance Solution support supply chain finance?
Does the solution offer digitization of trade finance documents?
What all products are covered in the Trade Finance solution being offered by Newgen?
What are the offerings of Newgen’s Trade Finance software?

Insurance

Does claims processing solution have tracking and monitoring capabilities?
Does Newgen’s claims processing solution provide the capability to initiate claims through multiple channels?
Does Newgen’s policy servicing solution have the capability to auto-process service requests?
Does Newgen’s policy servicing solution have the capability to handle multiple service requests?
Does Newgen’s policy underwriting solution allow auto policy issuance?
Does the claim processing solution come with a mobile app for customers and other stakeholders?
Does the claims processing solution have document management capability?
Does the claims processing solution provide auto case allocation and routing and provision to modify it?
Does the policy servicing solution come with a self-service portal for the customers?
Does the policy underwriting solution allow integration capabilities with other applications and databases?
Does the policy underwriting solution have the capability to generate and send out the documents during the policy issuance journey?
Does the policy underwriting solution provide reporting and dashboard capabilities?
How does Newgen policy servicing solution ingest policy details in the core policy admin system?
How does the policy servicing solution handle customer communications?
How does the system cater to the change requests in the policy underwriting solution?