Enable Real-Time Application Processing and Transparent Loan Management Experience

The Aspekt Loan Management solution is designed to transform the loan lending landscape for financial institutions of all sizes. Whether you’re a bank, credit union, microfinance institution, SACCO, or leasing company, our innovative platform empowers you to provide faster approvals, minimize risk, and offer superior customer experiences.

The Application Processing handles a complete workflow from the initial application through application analysis and approval up to the point of agreeing on preferable loan conditions. The Loan Management leads the activity flow after the Application Processing, by automatically loading loan application details and supporting the loan approval and disbursement process through the entire repayment period.

Besides the connection to Application Processing, Loan Management is completely integrated with CRM, Cash Management, Accounts Management, Finance & Accounting as well as Fund Management, enabling automated transaction processing and achieving a high level of operational excellence on the company level.

Loans can be directly activated from the loan form, after which transactions are automatically posted in Finance & Accounting according to predefined posting schemes. Accordingly, when the repayment process starts and the borrower repays the loan, the payments are automatically tracked in the repayment plan and create appropriate transactions in Finance & Accounting.

The entire loan documentation can be predefined and categorized to follow the loan process flow and client’s business needs, generated from the system, which enables a fully automatized process of contracts and other loan-related documentation creation. The Loan Management is fully integrated with the Task and Management Platform by enabling an automated process of task or message assignment based on certain trigger activities, such as status changes, assignment for loan approval, delinquent loan notification, etc.