Traditionally Banks & NBFCs have been very cautious when it comes to commercial lending, The whole approval and disbursement processes for both corporate and SME lending is usually very time taking ranging from 15-60 days and even higher. Focus is on ensuring all the key steps are followed. Hence significant number of Banks still rely on manual processes while some have started using digital platforms though they are limited to digitizing the approval process. The later kind of Banks usually use multiple different systems to digitize the entire process starting from lead generation, information capture & application login and subsequent disbursement and covenant monitoring. Additionally, the systems are not fully integrated and hence analytics and risk modelling become a challenge.

KreditAccel, a comprehensive platform from our partners Globnx Solutions, helps Banks and NBFCs in their Corporate & SME credit approval and management (CAAM). The platform covers the entire lifecycle of loans starting from loan origination and approval, loan management, risk modelling and reporting & analytics. We enable the customers to: