Religare Finvest goes Live with Nucleus Software's Finnone mCollect Application

12 Sep 2013

Nucleus Software Exports, a leading provider of software products and solutions for the banks and financial services industry has announced that Religare Finvest (RFL), the SME-focused lending arm of Religare Enterprises (RFL) and one of India's largest capitalized NBFCs, has gone live with Nucleus Software's FinnOne mCollect, a mobility product, to enhance its loan servicing and collection software capabilities.

FinnOne has been ranked as the global 1Lending solution (IBS) for five consecutive years. mCollect, a mobility product for efficient delinquency and debt management operations, has enabled RFL to offer a high performance, automated and anywhere-anytime accessible system to its field collectors, collection managers and sales personnel across India.

A highly flexible solution, FinnOne mCollect helps lending institutions manage various processes such as receipt recording, contact recording, receipt tracking and processing, float money tracking, receipt reconciliation and foreclosure simulation. The mobile solution can be easily adapted to the need of specific market segments by allowing lenders worldwide to achieve higher profitability, increased operational efficiency and customer satisfaction.

Nucleus Software Exports a leading provider of software solutions to the Banking, Financial Services Industry (BFSI). It has developed solutions spanning from retail banking to corporate banking, cash management, internet banking and credit cards.

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