LoansNeo
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What is LoansNeo?
LoansNeo is a lending management software developed for banks and NBFCs. It comes with custom workflows, visual analytics, and AI-based recommendation features and can simplify loan origination, journey management, scheduling, payment tracking, and other activities.
Pricing
LoansNeo Starting Price
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Awards
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Key Features of LoansNeo
Here are the powerful features that make LoansNeo stand out from the competition. Packed with innovative tools and advanced functionalities, this software offers a range of benefits.
- Loan Origination
- Credit Scoring
- Document Management
- Loan Servicing
- Payment Processing
- Customer Relationship Management (crm)
- Compliance Management
- Risk Management
- Reporting And Analytics
- Automated Underwriting
- Collateral Management
- Loan Restructuring
- Collections Management
- Disbursement Management
- Multi Currency Support
- Mobile Access
- Integration Capabilities
- User Access Controls
- Audit Trail
- Customer Portal
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LoansNeo Screenshots
LoansNeo Specifications
Get a closer look at the technical specifications and system requirements for LoansNeo. Find out if it's compatible with your operating system and other software.
Company Details :
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LoansNeo Description
Here's the comprehensive description of LoansNeo. Gain a brief understanding of its unique features and exceptional benefits.
LoansNeo is an AI-driven solution for Banks & NBFCs for comprehensive lending operations management. Manage end-to-end customer journeys from lead to a customer, track payments, schedule loans, put penalties, and much more with LoansNeo.
LoansNeo Resources
Overall LoansNeo Reviews
Thinking about using LoansNeo? Check out verified user reviews & ratings based on LoansNeo's features, user-friendliness, customer support, and other factors that contribute to its overall appeal.
LoansNeo Pros and Cons Based on Customer Reviews
"The platform is built on Salesforce’s gold-standard framework, providing a reliable and flexible solution."
"The software's AI-based recommendation features and predictive analytics assist in risk profiling and decision-making."
"Users appreciate the easy integration with payment gateways and marketing apps, making the process seamless."
"Ensuring the software is fully utilized is crucial to avoid unnecessary expenses."
"The solution may not be the best fit for all lenders, so it's important to assess business-specific needs."
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Showing 3 out of 8 Reviews
John S.
Marketing Excutive
Used the software for : 1-2 years (Daily)
Company Size :201-500 employees
Verified via Business email.
Verified Reviewer
This review is written without any compensation or invitation from SoftwareSuggest, vendor, or affiliate.
Review Source: Organic
The Best-fit Lending Management Software for NBFC Business
As stakeholders in the NBFC industry, we sought to simplify ancillary processes such as payment tracking, scheduling, and loan origination. After reviewing its ratings and reviews, we were convinced to choose LoansNeo. We easily streamlined these processes with the help of its custom workflows, AI-based recommendation features, and visual analytics. Overall, we are satisfied with our experience with Damco.
LoansNeo Mobile App Experience
LoansNeo After Sales Service Rating
What do you like best about LoansNeo?
Easy integration with payment gateways and other marketing apps. Assists with risk profiling and predictive analytics for each customer. Facilitates faster interactions via inbuilt automated and customized approvals.
What do you dislike about LoansNeo?
Failing to utilize the software to its full potential might be costlier, which can be one of the cons. It is advised to check if the software works well for your business-specific needs. Otherwise, there are no cons as such.
What features is LoansNeo currently missing?
No identify.
What other products like LoansNeo have you used or evaluated?
Not Yet
Useful 0
Edward M.
Field Services Manager
Used the software for : 1-2 years (Weekly)
Company Size :201-500 employees
Verified via Business email.
Verified Reviewer
This review is written without any compensation or invitation from SoftwareSuggest, vendor, or affiliate.
Review Source: Organic
Great Tool to Overcome Loan Lifecycle Inefficiencies
Overall, LoansNeo is a great tool for managing various facets of loan servicing operations, ranging from lead capture to customer acquisition. In addition to overcoming the inefficiencies of the loan cycle, this next-gen loan management software, developed on a gold-standard framework, helps deliver elevated and hassle-free customer experiences. This, in turn, increased our ROI.
LoansNeo After Sales Service Rating
What do you like best about LoansNeo?
What sets LoansNeo apart from other products is its transparency, from the easy application process to the clear terms and efficient customer service. It requires no IT involvement and offers pre-built support for receivables, audit trails, and risk management.
What do you dislike about LoansNeo?
As of now, I haven’t found any loopholes in the product. Instead, it can be customized according to business needs.
What features is LoansNeo currently missing?
Nothing to find.
What other products like LoansNeo have you used or evaluated?
We haven’t checked any other products and this is our first choice.
Useful 0
Carol D.
Assistant Technology Head
Used the software for : Less than 6 months (Weekly)
Company Size :51-200 employees
Verified via linkedIn.
Verified Reviewer
This review is written without any compensation or invitation from SoftwareSuggest, vendor, or affiliate.
Review Source: Organic
Reliable Tool to Streamline Lending Operations
Having relied on traditional loan management systems, our business was severely impacted. We decided to leverage futuristic software to overcome inefficiencies in the loan management process. Thus, we chose Loans Neo based on its reviews and ratings. Damco customized the solution to make it a perfect fit for our company. As a result, the entire loan management process was streamlined, leading to increased efficiency and productivity.
LoansNeo After Sales Service Rating
What do you like best about LoansNeo?
It is based on Salesforce’s gold-standard framework and can be customized to fit the business needs appropriately. It offers flexible reporting with detailed data-based insights and can be configured easily.
What do you dislike about LoansNeo?
There is nothing to dislike about this product, as it completely suits my organization’s needs.
What features is LoansNeo currently missing?
None as such.
What other products like LoansNeo have you used or evaluated?
We relied on manual loan management processes earlier.
Useful 0
Alternatives of LoansNeo
Explore alternative software options that can fulfill similar requirements as LoansNeo. Evaluate their features, pricing, and user feedback to find the perfect fit for your needs.
LoansNeo FAQs
What apps do LoansNeo integrate with?
LoansNeo integrates with various apps:
- Salesforce
What are the top 5 features for LoansNeo?
The top 5 features for LoansNeo are:
- Activity Tracking
- Pipeline Management
- Marketing Management
- Loan Processing
- Application Management
What type of customer support is available from LoansNeo?
The available support which LoansNeo provides is:
- Phone
What types of businesses does LoansNeo serve?
LoansNeo serves a wide range of businesses, including but not limited to SMEs, Mid-Market & Enterprises.
Who are the primary competitors of LoansNeo?
The three major competitors of LoansNeo are Vision Commerce, Ellie Mae and E-Closing. Compare and evaluate their features, advantages, disadvantages, and other aspects to find the best option for your business.
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