FinnOne Neo

FinnOne Neo

About TrustRadius Scoring
Score 8.9 out of 100
FinnOne Neo

Overview

What is FinnOne Neo?

FinnOne Neo is an automated, workflow-based and technologically advanced lending solution that provides loan lifecycle management capabilities, available on-premise or from the cloud. It enables customers to digitize and automate their processes, launch tailored products, and offer services across multiple...

Read more

Recent Reviews

Read all reviews

Reviewer Pros & Cons

View all pros & cons
Return to navigation

Product Demos

FinnOne Neo on Cloud
03:12
Return to navigation

Product Details

What is FinnOne Neo?

FinnOne Neo is an automated, workflow-based and technologically advanced lending solution that provides loan lifecycle management capabilities, available on-premise or from the cloud. It enables customers to digitize and automate their processes, launch tailored products, and offer services across multiple channels. FinnOne Neo helps digitize the complete loan lifecycle end to end, from initial contact with customers and helping make better credit decisions faster to loan servicing and delinquency management.

FinnOne Neo helps companies make better credit decisions, reduce credit risk and lower the levels of non-performing loans. Additionally,it is designed to cater to the unique requirements of banks and non-banking financial services companies and covers a wide range of loans, including personal loans, housing finance, auto loans, education loans, consumer durable finance and gold loans.


According to the vendor, key business benefits include:
    • Complete digitization of the loan lifecycle
    • Automated and paperless processes
    • Faster time to market through ready to plug-in and use solution
    • Add capacity and users quickly
    • Adapt to changing business needs quickly
    • Zero upfront infrastructure cost with pay-per-use opex cost
    • 24x7 business availability

FinnOne Neo Features

  • Supported: Complete digitization of the loan lifecycle
  • Supported: Faster product creation
  • Supported: Automated and paperless processes
  • Supported: Dynamic workflow management
  • Supported: Native integration with lending mobility
  • Supported: Integrated accounting engine and powerful rule engine
  • Supported: Integration with lending analytics
  • Supported: Pre-configured system configurations
  • Supported: Straight-through processing
  • Supported: Comprehensive credit checks
  • Supported: Omnichannel support
  • Supported: Self service capabilities
  • Supported: On demand scalability
  • Supported: Flexible pricing

FinnOne Neo Video

FinnOne Neo Cloud enables launch of loan products while making better credit decisions faster. It offers financial institutions the flexibility to scale and pay as per use while reducing overall costs. As an omni-channel solution, FinnOne Neo Cloud allows customers to initiate...
 Show More

FinnOne Neo Downloadables

FinnOne Neo Competitors

  • Edgeverve
  • Intellect Design
  • Cloudlending

FinnOne Neo Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating Systems,
Mobile ApplicationApple iOS, Android, Windows Phone, Blackberry
Supported CountriesIndia, South East Asia, Japan, Europe, Middle East, Africa, Australia, Americas
Supported LanguagesMulti-language support
Return to navigation

Comparisons

View all alternatives
Return to navigation

Reviews and Ratings

 (20)

Reviews

(1-3 of 3)
Companies can't remove reviews or game the system. Here's why
Mufaddal Dahodwala | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
FinnOne Neo Cloud is used for the deployment of the best lending BPM platform which supports end-to-end digital automation across different clients. It has a robust architecture to solve problems of redundancy and ensure effectiveness in scale and speed. Business problems of process orchestration and multi-purpose dashboard for better analysis of all role-based tasks and system tasks to be properly aligned.
  • Process automation across banking use cases like customer onboarding.
  • Multi dimensional reporting analytical view.
  • Open integration platform.
  • Different Geographies support.
  • RPA and OCR capabilities.
  • Process mining capabilities.
  • Ott channels support seamlessly.
FinnOne Neo Cloud is well suited for medium and small banks where budget is also medium and deployment is on cloud and not hybrid or on-premise which gets me to information security issues and takes loads of time in deployment. It's very well suited to be used in use cases like lending process automation in a bank or NBFC.
Score 10 out of 10
Vetted Review
Verified User
FinnOne Neo Cloud improves flexibility and reduces our cost. It increases our business agility. We love the automation of it and it provides best in class lifecycle management capabilities combined with the power of the cloud. It provides easy of work for us. It helps with our auto loans and many other.
  • Cloud management
  • Tracking of data
  • Ease of use
  • Better customer support
FinnOne [Neo Cloud helped] with the complete loan lifecycle from the first time a customer contacts us all the way to the end. It helps with better loan decisions. We use it to process a lot of loans and we like the faster process and the paperless process as well. I cannot think of anything negative to say about this system.
Score 10 out of 10
Vetted Review
Reseller
It is being used for flexibility, especially since it is cloud-based, so the connection and interaction between the human and the system is even more greater and free than previously. We use it to engage in work collaboration with each other remotely.
  • One thing that makes a major difference is the compatibility with a mobile operating system. Because of its capability, access to our file had become less of a chore.
  • The analytics of this platform is more advanced, grasping data that are important to us and that will be in use daily, advanced stats provides us the accurate information we need for implementation.
  • The portal system makes security and privacy of our information confidential, and easy to use in sharing with someone else within the same domain. The portal helps us navigate the work we need and improves our quality of work.
  • The interface could be improved because there is some confusion in certain areas that need to be more friendly and clear.
FinnOne is best suited for a medium-sized business looking to take another step towards competing with other company, by having FinnOne as their advantage in a lending solution designed to offer best in class loan lifecycle management capabilities.
Return to navigation