Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
1Channel's Payment & Credit Management module provides a comprehensive system for distributors and FMCG brands to manage incoming payments, ensure credit compliance, and monitor high-value orders effectively. The system allows for both automatic and manual allocation of payments towards outstanding invoices (including cash, cheque, and bank transfer), while tracking outstanding balances in real time. Each customer has a configurable credit limit, and there are three options for managing breaches: halt additional orders, permit one extra order, or suspend the account until all dues are settled. Additionally, returns seamlessly generate credit notes, ensuring a streamlined process. Orders that exceed the retailer's credit limit must pass through a configurable multi-level approval workflow, which can include up to seven levels of authorization, with approvers receiving notifications via email or WhatsApp and all decisions meticulously logged for auditing purposes. The module also features a robust payment analytics suite, offering over 24 reports that provide finance and sales leadership with critical insights into collections, outstanding exposure, and the efficiency of the approval process. With its comprehensive features, this module not only enhances financial oversight but also significantly improves operational efficiency.
Description
Kwik Loan offers a user-friendly solution for loan servicing and origination, presenting a secure and all-inclusive platform tailored to meet your loan servicing requirements, featuring comprehensive loan portfolio management, detailed reporting, and efficient document handling, among other capabilities. This innovative software assists lenders in optimizing both the loan servicing and debt collection workflows. It empowers lenders to efficiently create and oversee loans for their clients, complete with integrated billing and payment functionalities. You can effortlessly automate and supervise your loan servicing processes with features that include TILA generation, ACH processing for debits, credits, and exceptions, as well as payment reminders, ROI tracking, and real-time financial analytics. Additionally, it comes equipped with Kwik Decision integration, which provides a loan underwriting module that facilitates electronic credit decision-making. Loan originators have the option to utilize a standard scoring module or collaborate with one of our credit specialists to develop a personalized solution tailored to their needs. This comprehensive approach ensures that lenders can effectively manage every aspect of their loan servicing operations.
API Access
Has API
No
API Access
Has API
No
Integrations
WhatsApp
No
Pricing Details
Monthly month-to-month and annual plans are offered; annual plans require an annual commitment and may include savings. Pricing varies with workflows, user count, and invoice configuration. Plans include cloud hosting, web and mobile access, role management, setup and onboarding, standard reports, technical support, and workflow configuration.
Free Trial
No
Free Version
No
Pricing Details
$95 per month
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
No
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
1Channel
Country
India
Website
www.1channel.co
Vendor Details
Company Name
Emphasys
Founded
1600
Country
United States
Website
emphasys-software.com
Product Features
Product Features
Loan Origination
Amortization Schedule
Yes
Audit Trail
Yes
Closing Documents
No
Compliance Management
Yes
Customer Database
Yes
Digital Signature
Yes
Document Management
Yes
Fee Management
Yes
Loan Processing
Yes
Online Application
Yes
Loan Servicing
Accounting Management
Yes
Amortization Schedule
Yes
Application Management
Yes
Auto Loans
Yes
Automatic Funds Distribution
No
Business Loans
Yes
Collateral Tracking
Yes
Collections Management
Yes
Compliance Management
Yes
Construction Loans
Yes
Customer Database
Yes
Fee Management
Yes
Investor Management
Yes
Loan Processing
Yes
Student Loans
Yes
Alternatives
No Alternatives