Write a Review
Verified Profile
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 lending activities.
- Banking
- Financial-services
- English
Screenshot & Video
LICENSING & DEPLOYMENT
- Proprietary
- Cloud Hosted
- On Premises
- Windows
- Mac
SUPPORT
- Email
- Chat
- Phone
- 24x7 Support
Training
- In-person
- Documentation
LoansNeo Pricing
Pricing Type
-
Contact Vendor
Preferred Currency
-
USD ($)
Free Version
-
Yes
Payment Frequency
-
Monthly Payment
-
Annual Subscription
-
Quote Based
-
One-Time Payment
LoansNeo Reviews
Andrew Hudson
Posted on Nov 10, 2022
Great experience, I must say. The solution has all the tools we need for comprehensive lending management.
Review Summary
Damco implemented LoansNeo and helped us transition from the existing setup by carrying out an efficient migration to Salesforce LoansNeo. Their solution has all the main features you need for loan management such as EMI Scheduling, Risk Profiling, Cross-Selling, Customer Segmentation, Drag-drop capabilities, etc. While it was not exactly fit for our business, we took Damco’s assistance to customize it to make it fit for day-to-day use.
Overall, we are happy with the solution and on-demand support from Damco.
How long have you used LoansNeo?
2 Years
How frequently you use LoansNeo?
Daily
What do you like the most about LoansNeo?
Fast interactions through built-in automated and customizable approvals of loan
Can be integrated with payment gateways and other marketing/sales apps.
Loans Neo will provide predictive analytics and risk profiling for each customer.
What do you like the least about LoansNeo?
Underutilization can lead to high operational cost - This can be one of the cons