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HES Lending Platform solves several critical business problems for financial institutions, including automating the lending process, …
Overview
What is HES Lending Platform?
HiEnd Systems (now presented as HES) headquartered in Toronto with offices in the UK and Balrus, offers loan lifecycle management and servicing software for a range of needs like commercial lending, alternative or microfinance lending, or peer-to-peer lending.
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Lending Automation for Banks and Fintechs | A Podcast by American Bankers Association & HES FinTech
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Product Details
- About
- Competitors
- Tech Details
What is HES Lending Platform?
The HES Lending Platform is Loan Origination Software from HES FinTech, a cloud-based platform created to assist banks, microfinance businesses, commercial lending, and mortgage organizations.
The company provides loan management automation, which helps to:
create loan products
manage documents and agreements
facilitate debt collection.
The HES Lending Platform covers a full scope of tasks in loan origination and loan servicing. Its features are configurable and may include credit scoring solutions, custom notifications, data validation modules, payment processing, analytics, and reporting. All that comes as white-label software that acquires your unique branding. The loan origination and loan servicing can be integrated with third-party KYC/AML systems, PEPs lists, credit scoring systems, payment providers, and more.
The key benefits of HES FinTech lending software:
Banks and financial organizations make customer onboarding streamlined and seamless. The entire process from submitting an application to approval and funding can be automated partially or in full.
The employees get easy access to customer data, instantly notice and flag fields with missing info, and sign the documents online.
Administrators assign and manage roles and permissions of employees for maximum effectiveness and security. HES provides support via documentation, email, or online training.
HES Lending Platform Features
- Supported: Loan Origination
- Supported: Credit Scoring
- Supported: Online Onboarding
- Supported: Debt Collection
- Supported: Statistics and Reporting
- Supported: Peer-to-Peer (P2P) Lending Platform
- Supported: Loan Underwriting
- Supported: Multi-Channel Loan Application
- Supported: CRM Module
- Supported: Advanced Roles, User Models
- Supported: Calculation | Product Engine
- Supported: Document Management
- Supported: Online Marketing
- Supported: Notification Centre
- Supported: Data Validation
- Supported: Marketplace Features
HES Lending Platform Screenshots
HES Lending Platform Video
HES Lending Platform Competitors
- Finastra Fusion Treasury
- Mambu
- Cloud Lending
HES Lending Platform Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | Apple iOS, Android, Mobile Web |
| Supported Countries | Worldwide |
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
HES Lending Platform solves several critical business problems for financial institutions, including automating the lending process, tracking business performance, and complying with international best practices. Users have praised the software's highly functional HES Core system, which includes all necessary features for microfinance lending, loan origination, management, calculations, and notifications.
Companies have successfully switched from slow and inconvenient legacy loan origination systems to a well-optimized platform that follows industry best practices. The software also provides mature loan pipeline management solutions that allow businesses to launch personal lending operations in emerging markets while achieving compliance with relevant regulations. Additionally, it enables transparent communication with partner retail chains for financial leasing services providers, ongoing monitoring and management, and timely adjustment of all processes.
Users have found the dashboards and reports helpful in tracking business performance efficiently. With almost full automation of the entire lending process, the platform has allowed companies to quickly get to market with minimum viable products (MVPs) and scale their businesses rapidly. Overall, HES has been a reliable technology partner since 2011 in helping various companies start and grow their lending solutions smoothly while providing advice and dedication throughout the journey.
Professional Team: Reviewers have praised the professional approach of every team member at HES. They appreciate the team's understanding of their business domain and objectives, especially those who are experienced in banking and finance. This has instilled confidence in the reviewers that they are in good hands.
Effective Project Management: The HES Lending Platform is known for its effective project management capabilities according to several user reviews. The team ensures that there is no downtime during implementation and meets deadlines, making the development process hassle-free for users.
High Performance Platform: Several users have expressed satisfaction with the high performance of the HES Lending Platform. According to reviewers, it exceeded their expectations with extended functionality which allowed them to quickly use it to its full potential and reap benefits from its features.
High Cost: Some users have expressed concern about the high hourly rates of HES Lending Platform. While they appreciate the added values and experience, they feel that the platform may be too expensive for their needs.
Affordable Alternatives Available: According to some reviewers, there are more affordable alternatives available in the market. They suggest that users explore other options before making a decision on which lending platform to use.
Cost May Be a Deciding Factor: The cost of using HES Lending Platform may be a deciding factor for some users when choosing a lending platform. While functionality and usability were not criticized, some users may opt for cheaper alternatives if cost is a primary concern.