Why Newgen’s Loan Management Solution?
70% Drop in Errors
Minimize manual errors with end-to-end automation.
35% Increase in Customer Satisfaction
Enhance user experience with personalized, efficient loan management.
20% Higher Retention Rate
Raise customer retention with efficient loan servicing and management.
40% Better Risk Management
Use AI to improve risk assessment and decision-making.
200% Boost in Loan Management
Support double the loan volume as your business grows.
“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, A Bank in Americas region
Key Features
Customer Self-service Portal
Unified interface for loan servicing requests like repayments, rescheduling, document requests, and queries.
Effortless Integration
Smooth integration with all third-party systems in the loan management lifecycle.
Accounting Configuration
Centralized system for setting up accounts and templates with an easy-to-use interface.
Reporting & Analytics
Detailed cash flow reports and analytics based on interactions with individuals or companies.
Flexible Payment Methods
Support for payment receipts, auto-debit installments, Checks, and other third-party channels.
Accruals & Amortization
Management of amortization schedules with automated accrual calculations and postings.
Customer Help Desk
Self-service portal for tracking loan facilities and initiating loan management services.
Cloud Enabled
Fully cloud-based solution for easy setup and management.
Configurability
Simplified configuration for new products, fees, and other master settings.
Scenario Analysis
“What if” analysis for rescheduling services to meet customer requests.