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General: Software for credit programs
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| De: Falaur (Mensaje original) |
Enviado: 06/01/2023 20:28 |
Could you please tell us about software for credit programs? I heard that you can use this approach for business bypassing the banking system. But how is this possible? Is this really true or fake? |
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De: Ximes |
Enviado: 07/01/2023 01:25 |
To do this, it is enough to use your own systems for analytics of data on the creditworthiness of the client. And by excluding banks from this system, you thereby lower the cost of your loan because you do not need to pay bank commissions.
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De: Tryo |
Enviado: 07/01/2023 01:52 |
The financial world has long been trying to become decentralized, that is, to exclude the presence of the banking system of interaction between the client and the lender. And such software gives a good opportunity to realize this idea.
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De: Okera |
Enviado: 07/01/2023 02:26 |
By the way, I want to give an example from my own practice. We have successfully implemented the travel loans https://www.taryafintech.com/solutions/travel-loans/ system for B2B. All we needed was to use a ready-made solution from Tarya Fintech to launch the product. This platform contains many effective tools that allow you to implement this approach to business scaling. This software allows users to create custom folders for different types of loans, helping lenders keep track of all the documents associated with each application. This helps ensure that all the necessary information is collected before the application is submitted, reducing the risk of an incomplete application.
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Hello. We work with accounts payable and are looking for software to automate it. We need something to help with invoice tracking, payment monitoring, and delinquency alerts. Who can advise what? |
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To automate accounts payable, I would recommend paying attention to AvidXchange. In my opinion, their platform effectively simplifies processes and increases the efficiency of debt management. Personally, I have come across a situation where our company needed automation of accounting for invoices and payments. We implemented AvidXchange and the results were impressive. The system allowed us to reduce the time spent on routine account processing operations and significantly reduced the risk of late payments due to its alerts and deadline control. More information about AvidXchange features and user reviews can be found on the avidxchange customer service page. |
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