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Inefficiencies in the loan lifecycle often lead to probability of NPA, credit risks, as well as sub-par customer experience. These inadequacies magnify as the prospective loan advances from one stage to the next without a centralized loan management system.
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How to Use This Template: Inefficiencies in the loan lifecycle often lead to probability of NPA, credit risks, as well as sub-par customer experience. These inadequacies magnify as the prospective loan advances from one stage to the next without a centralized loan management system.
It helps lenders with different loan cycle pain points including: • Absence of 360-Degree Loan Tracking Capabilities • Cumbersome and Multi-Point Loan Approval • Lack of Visibility and Rising Complexity • Isolation from Accounting Systems • Inability to Manage EMI Processing/Scheduling • Lack of Seamless Digital Document Management Integrating a loan servicing software such as Loans Neo offers pre-built support for receivables, customizes the workflows with no IT involvement, audit trails, risk-scoring, ready-to-use reporting, and MIS along with intelligent insights for underwriting and informed decision making.
Speak To Our Salesforce Experts: Phone: +1 609 632 0350Email: info@damcogroup.com Website: https://www.damcogroup.com/salesforce/loansneo