FinnOne Neo Customer Acquisition System (CAS) is a comprehensive loan origination software which controls and automates various business processes/activities performed in processing of a loan or credit card application for advanced risk management and business process optimization.
FinnOne Neo CAS allows financial institutions to integrate various processes for acquisition and pre-disbursal. It supports the entire acquisition lifecycle from customer walk-in to decision by the underwriter for the disbursement. Additionally, it allows online credit evaluation and if desired, automatic credit evaluation of the application and processing till disbursement initiation.
FinnOne Neo CAS supports both cloud and on-premise deployments. It can be deployed quickly in partnership with leading cloud providers without high upfront capital expenditure. Cloud deployment provides flexibility in scale while optimizing costs by supporting pay-per-use models.
FinnOne Neo CAS is a flexible and robust loan origination software, which supports multiple lines of business and its architecture allows easy integration with third-party systems. FinnOne Neo CAS includes all the essential tools required by a lender in loan origination process:
Limit Management: Customers can modify the sanction amount, loan limit amount, limit expiry date; customize loan withdrawal amount, repayable and re-drawn loan amounts based on loan-type and frequency
Omni-Product in a single loan application: Multiple loan products can be sourced in a single loan application
Flexible Repayment Frequency: Daily, weekly & bi-weekly repayment frequencies supported for both, single & multi-disbursals
Split loans: Provision of creating two loans in the same loan application booked on different rate types
FinnOne Neo CAS is designed by adopting the latest technological stack; offering SOA architecture. This aids in customization and interfacing with other application in the enterprise eco system and enables straight through processing. FinnOne Neo CAS provides