Consumer Finance

Our solution for Consumer Finance is designed to streamline document intensive processes that facilitate lending to end consumers.

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The Consumer Finance solution is designed to manage and automate document intensive processes. The solution helps automate the Loan and Mortgage processes. The impact of automating these processes can be seen in the remarkable reduction of processing time of customers applications.

Newgen's solution for Consumer Finance helps streamline document intensive processes that facilitate lending to end consumers. It typically automates the Loan and Mortgage Processes in order to cut down on the processing time of applications giving the lender ability to offer superior customer services.

Corporate Credit

Corporate credit approval is a very complex process, which requires careful evaluation of the financial standing of the prospective customer. Before extending any type of credit, banks and other lending institutions assess the potential borrowers based on their financial performance, credit ratings ...

Read More About Corporate Credit

Document Digitization

Loan Processing

Mortgage Processing

Records Management

Case Studies

  • Efficient Loan Processing and Check Clearing System using Distributed Capture

    The client is one of the largest banking and financial services organization in the world with over 9700 offices in 77 countries and territories in Europe, Asia-Pacific, the Americas, the Middle East and Africa. The bank wanted to enhance its operational capacity and productivity to manage the growth from the business development of Retail assets. They wanted to reach a large customer base by quickly rolling out a large number of lean branches. Newgen implemented its Distributed Capture System at the bank’s branches across the Indian sub-continent and their Business Process Management (BPM) solution at their Central Processing Center (CPC).

  • Automation of Mortgage Processing

    The client is a leading mortgage company in USA. Newgen proposed an end to end loan/ mortgage process. Newgen’s BPM suite enabled the client to better manage their SLAs, reduce turn-around-time, enhance productivity, capital expenses and provide better productivity.

  • Automated Loan Processing

    The client is a leading non banking financial company in India and has a network of more than 200 branches across India. The client wanted to build its focus on customer services and provide unparallel responsiveness and flexibility to its customers. The company implemented Newgen’s Document Management System, and rule and trigger- based workflow solution to centralize its loan processing process.

  • Integration of Centralized Scanning and Records Management system with Third-Party LOS and Core Banking Solution

    With a market share currently exceeding 38 percent, the bank, established under the Ministry of Finance, is Thailand's leading housing-finance lender.

More Case Studies
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