Autonom8 & Berar Finance to automate Intelligent Loan Origination

By Gloria Mathias

Autonom8, a low-code automation solution provider, has announced its partnership with Berar Finance. Following the partnership, Autonom8 is set to empower Berar Finance with intelligent loan origination and customer journey automation through its low-code automation platform.

Berar Finance, known for its commitment to delivering financial services, has chosen Autonom8 as its automation partner to enhance operational efficiency, streamline processes, and provide a seamless user experience.

Autonom8’s low-code automation platform empowers organisations to rapidly develop and deploy automation solutions, reducing the complexity and time associated with traditional development methods.

With this partnership, Berar Finance Limited aims to hyper-automate its loan origination process and other loan-related operations by leveraging Autonom8’s hyper-automation platform.

Key benefits of the collaboration:

• Enhanced Customer Experience: Implementing Autonom8’s automation solutions results in a more seamless and customer-centric experience for Berar Finance’s clients. This enhancement is facilitated by instant status updates, provided through integration with CIBIL for credit score checks, available to Berar’s executives nationwide.
• Scalability, Flexibility, and Enhanced Data Tracking: Autonom8’s low-code automation platform offers the scalability and flexibility required to adapt to Berar Finance’s evolving business requirements and industry dynamics. This adaptability is complemented by enhanced data tracking capabilities, enabling comprehensive analysis of loan applications (total, approved, and rejected) and facilitating informed decision-making and strategic planning.
• Efficient Loan Origination: Autonom8’s platform empowers Berar Finance to expedite the loan origination process, ensuring swift and accurate decisions while enhancing overall operational efficiency. This efficiency enhancement is coupled with streamlined operations, reducing errors, and increasing productivity.

“We are excited to collaborate with Berar Finance Limited and support their journey towards digital transformation in the financial sector,” said Kameswaran Subbaraman, VP of Engineering at Autonom8. “Our low-code automation platform is designed to empower organisations to achieve greater agility and efficiency, and we look forward to helping Berar Finance enhance its loan origination processes and overall operational excellence.”

This partnership highlights Autonom8’s continued commitment to providing automation solutions to the financial industry, enabling organisations to thrive in an increasingly competitive landscape.