Overview
What is RiskFree Impact?
RiskFree Impact is a financial software solution designed to meet the needs of financial services institutions, lenders, insurers, banks, bridging, and peer-to-peer lenders. According to the vendor, this versatile software is widely utilized across various professions and industries within the financial...
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Get StartedPricing
Basic
$625
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Details
- About
- Tech Details
What is RiskFree Impact?
RiskFree Impact is a financial software solution designed to meet the needs of financial services institutions, lenders, insurers, banks, bridging, and peer-to-peer lenders. According to the vendor, this versatile software is widely utilized across various professions and industries within the financial services sector. It offers a solution for companies of all sizes, from small businesses to large enterprises.
Key Features
Paperless office: According to the vendor, RiskFree Impact provides a paperless office solution that allows clients to manage online applications, Edocs, emails, and generate PDFs within the system, reducing the dependence on physical paperwork.
Partnership: The vendor emphasizes a collaborative approach, considering clients as partners and aiming to assist them with their IT challenges. According to the vendor, the company's success is measured by the growth and success of its clients, many of whom have experienced significant growth with the support of RiskFree Impact.
Efficiency savings: RiskFree Impact's back office software automates mundane and manual processes, resulting in significant efficiency savings. According to the vendor, staff members can achieve higher productivity, leading to a substantial increase in efficiency compared to competitors.
Servicing, rates, and arrears: RiskFree Impact offers advanced loan servicing, policy platforms, arrears management, and claims platforms. According to the vendor, it enables the generation of various documents such as redemption statements, key facts, policy schedules, suitability letters, and more. Integration with websites, APIs, and credit bureaus ensures seamless communication and data exchange.
Website integration and API's: RiskFree Impact provides advanced integrated web modules, APIs, and dynamic application forms. According to the vendor, it enables the creation of complete broker/client portals, execution-only websites, and integration with price comparison websites. Integration with credit bureaus and other systems ensures a streamlined and efficient online presence for financial services companies.
Reports/Management information: RiskFree Impact allows clients to generate a wide range of reports and management information. According to the vendor, the system can create reports on any data stored within the back office system, providing valuable insights and analytics. Reports can include summary information, quarterly data, graphs, bar charts, and itemized breakdowns to validate the accuracy of the information.
Secure, scalable, and robust: RiskFree Impact prioritizes security and scalability, conducting regular vulnerability tests through third-party partners. According to the vendor, the system is designed to handle large volumes of data and can scale as companies grow. It is built to be robust and reliable, ensuring uninterrupted operations for financial services institutions.
Advanced processes: RiskFree Impact breaks down business processes into workflow modules and processes within the system. According to the vendor, this allows clients to establish prompts, diaries, and effectively manage day-to-day operations. The system helps ensure that tasks and deadlines are not overlooked, leading to increased efficiency and productivity.
RiskFree Impact Features
- Supported: Claims Management
- Supported: Commission Management
- Supported: Contact Management
- Supported: Document Management
- Supported: Insurance Policy Management
- Supported: Insurance Rating
- Supported: Quotes/Estimates
RiskFree Impact Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
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Operating Systems | Web-Based |