Newgen Software, a global leader in AI-driven digital transformation, has announced the launch of its AI-enabled Captive Finance Solution, powered by the NewgenONE low-code platform. The solution is designed to help captive finance organizations and NBFCs optimize lending and leasing operations through intelligent automation and a customer-centric approach.
The newly launched solution addresses a wide array of financing needs for retail customers, dealers, and suppliers. It features specialized modules for lending, leasing, inventory financing, working capital loans, term loans, credit limit management, and invoice discounting.
By automating workflows and integrating smart decision-making capabilities, the solution significantly enhances credit operations, streamlines compliance, and boosts overall efficiency.
“Newgen’s Captive Finance Solution is designed to meet the real needs of today’s finance providers,” stated Sunil Pandita, SVP & Business Head, South Asia, Newgen Software. “By simplifying lending and leasing processes and providing smarter tools for risk management, we’re helping companies grow their business while delivering a better customer experience. It’s about making finance more efficient, secure, and customer-focused.”
Newgen’s value-driven offerings for captive finance include Loan Origination, Loan Management, Lease Management, and a Collections Management Solution, all powered by advanced analytics. The solution leverages proprietary Generative AI models—NewgenONE Marvin and LumYn—to deliver real-time insights, automated content management, comprehensive customer behavior profiling, and hyper-personalized communication.
By embracing this innovative platform, finance providers can transform their operations, minimize risks, and strengthen customer relationships in today’s rapidly evolving digital landscape.
