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Loan Origination System (LOS),Loan management system(LMS

Gsmart LMS is a thoughtfully designed product that addresses the basic challenges of an NBFC i.e Manual Processes, Data Silos and Compliances. It helps growing NBFCs to manage their AUM smoothly by providing them with the tools and insights they need to make sound business decisions. Robustness and reliability of gsmartlms helps manage all of the complex needs of an NBFC/MFI/FINTECH, from loan origination to accounting to compliance. Our gsmartlms has been a partner in growth to some of the reputed brands in the business and has helped them grow their AUM by more than 100% YoY. Our Client-sec partners have experienced benefits like improved efficiency and productivity, reduction in costs, improved decision-making and enhanced customer satisfaction.

The Process

Lead Generation

Loan Origination

Common Application Form

Term Sheet Approval

Sanctioning

Disbursement

Loan Book

Monitoring

Statement of Account

Demand

Collection

Settlement

Account Closure

All the features you need

    Lead Management And CRM

  • Capture lead information (name, contact information, company, etc
  • Qualify leads (interest level, budget, etc.
  • Assign leads to sales representatives
  • Track sales pipeline and activities
  • Close deals and convert leads to customers
  • Lead scoring and routing
  • Mobile app for sales representatives

    Loan Origination System (LOS)

  • Collect customer information and loan application
  • Assess customer creditworthiness
  • Generate loan offer
  • Obtain customer approval and signature
  • Disburse the loan
  • Customizable loan pipeline
  • Custom Approval matrix
  • Integration with credit bureaus
  • Digital signature integration
  • Mobile app for customers to track their loan application status

    Loan Management System (LMS)

    1.Track loan payments and schedules 2.Generate loan statements 3.Manage collections and delinquencies 4.Process loan closures 5.Customer portal to access statement of account, NOCs, and closure letters 6.Digital signature integration for loan documents 7.Auto-receipts and disbursements

    Integration With The Financial Accounting System

  • Sync all loan transactions with the financial accounting system
  • Customizable sync settings
  • Integration with popular accounting software

    Regulatory Compliance

  • Generate regulatory reports
  • Track regulatory changes
  • Manage compliance audits
  • Built-in compliance rules
  • Automated regulatory reporting

    Business Reporting

  • Generate reports on loan portfolio, performance, and profitability
  • Track key business metrics
  • Generate custom reports
  • Real-time reporting
  • Customizable reports
  • Drill-down capabilities

Key Features

  • Fully Integrated (CRM + LOS + LMS + FAS)
  • This is a crucial feature of our GSMARTLMS, as it solves the problem of disparate systems and silos of data. A fully integrated system allows for seamless data flow between all departments and functions, ensuring that everyone has access to the information they need to make informed decisions.

  • Automated disbursements and collections
  • Automated disbursements and collections integrated with the bank's system is a critical feature of our GSMARTLMS suite. It allows NBFCs to automatically disburse loans and collect payments from customers, without the need for manual intervention. This can lead to significant improvements in efficiency, accuracy, and customer satisfaction.

  • Auto-Reconcile General Ledger and Statement of Accounts
  • The auto-reconciliation feature typically works by comparing the following data:

    1.General ledger account balances 2.Loan management system account balances 3.Transaction details from both systems
  • Automated LOS processing (Application management - Documentation - credit appraisals - approvals with Workflow automation).
  • This feature automates the entire loan origination process, from application management to documentation to credit appraisals to approvals. The workflow automation feature allows NBFCs to define and automate the steps involved in the loan origination process. This helps to ensure that the process is efficient and that all tasks are completed on time.

  • Advanced Analytics with Regulatory Reporting
  • There are a variety of reports to track the performance and make business decisions available in the GSMARTLMS

  • Integrations with banking and third party APIs like CIBIL and others
  • The ability to integrate with third-party companies like CIBIL (credit score verification) and others API (GST verification) for the underwriting process is a valuable feature in our GSMARTLMS. It helps NBFCs to expedite the underwriting process, reduce errors, and improve the accuracy of their credit decisions.

    The integration between the GSMARTLMS and the third-party companies allows NBFCs to automatically retrieve credit score and GST data from these companies. This data can then be used to assess the creditworthiness of loan applicants and make informed credit decisions.

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Ready to take control of your fintech journey?

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