Nucleus Software Exports collaborates with Mahindra Finance to automate the post-loan lifecycle of a non-banking financing company, among other services.
According to the corporation, this technology cooperation with FinnOne NeoTM, the flagship product of Nucleus Software, would aid in strengthening Mahindra Finance’s backbone for scaling up. The device, with its plug-and-play capabilities, has the technological power to connect with partner eco-systems via various fintechs, according to the company.
Raul Rebello, MD and CEO – Designate, Mahindra Finance said, “Our constant endeavour is to ensure a consistent and engaging experience to all our employees and customers. We are delighted to partner with Nucleus Software and leverage FinnOne Neo’s expertise to further strengthen and scale our loan management and servicing capabilities.”
Parag Bhise, CEO, Nucleus Software Exports Ltd. said, “We aim to empower our customers by aligning technology capabilities to the business’s strategy and operations providing a foundation for flexible, scalable, future-proofed systems that deliver speed and efficiency. We are immensely happy that Mahindra Finance chose our IP product offerings over building bespoke software through a Services firm which clearly demonstrates the strength of FinnOne Neo’s digital capabilities. This partnership is a perfect example of strategic planning and collaboration on shaping strategy and automating operations.”
Using the capabilities of FinnOne NeoTM LMS and FinnOne NeoTM Collections, the alliance will attempt to improve the employee experience of Mahindra Finance’s back office and operations teams.
FinnOne NeoTM CAS would provide a solid credit foundation to enable the loan origination path. These modules will be integrated with Mahindra Finance’s whole business eco-system via API capabilities, according to the company.