5 Distinctive Features of Zuron’s Loan Management System

Lending institutions perform the indispensable role of fulfilling essential credit requirements, enabling individuals and businesses to kickstart their endeavors securely. But as their number of borrowers increase, these institutions need to come up with effective strategies to regulate borrower activity, increase customer satisfaction, and ensure that the process is transparent and open. With several built-in features and a user-friendly interface, Zuron’s Loan Management System (LMS) can help lenders organize their processes considerably. 

Holistic view of different aspects 

Lending institutions have to consider several aspects to ensure smooth operations, from transactions and current outstanding to overdue obligations. Zuron’s LMS offers a 360-degree view of all these aspects, making it easy for lenders to keep track of consumer activity and data. 

Real-time tracking and monitoring 

The application consists of a fully customized dashboard that lends itself to real-time tracking, easy monitoring and control of processes like underwriting. It also allows lenders to keep track of disbursement lead-times, loans outstanding, repayment, etc. Moreover, the application is tailored to fulfill specific customer and product requirements. 

Fully automated 

One of the significant advantages of the LMS interface is that it is completely automated, which increases efficiency and reduces manual effort and time. The system manages settlements and repayments in real time, providing the flexibility to carry out foreclosures and partial settlements. 

End-to-end solution 

Through this app, lenders can provide borrowers with all their solutions and product mixes in one hood, allowing them to pick the solutions best suited to their specific requirements. 

Efficient risk management 

Since the LMS is fully automated, it identifies potential collection challenges and alerts lenders through a built-in escalation matrix, helping minimize risks. 

Zuron’s Loan Management System provides adequate support and assistance to lenders acquiring new customers and expanding in their endeavor. Moreover, the facilities offered through this system facilitate a convenient process for lenders as well as borrowers, which increases customer satisfaction. 
 
Zuron offers end-to-end solutions in terms of finance payables, receivables and dynamic discounting, facilitating efficient, highly secure finance management.