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ease
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support

Average Ratings 0 Ratings

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Description

ABLE Platform is a multimodule web software that covers the entire loan origination and loan management processes. The following modules are included: Landing page & Borrower portal - to attract and serve borrowers. Self-service portal - to manage the whole enterprise activity. Back-office - the core of the platform to manage incoming loan applications, service disbursed loans, configure the loan product catalog, built-in dashboards and more. ABLE Platform serves any type of loan: - Payday Loan - Personal Loan - Point of Sale Loan (POS) - Buy Now, Pay Later (BNPL) - Mortgage Loan - Home Equity Loan - Auto Loan (Car finance) - Student Loan, etc The platform can be used as SaaS or On-Premise.

Description

Affordable pricing with a straightforward structure allows for unlimited member additions alongside automated share distribution. The software facilitates compliance with all Nidhi regulations, enabling seamless preparation of returns and data reconciliation processes. It includes features such as all necessary Nidhi forms, interest rate tools, and calculators tailored for daily operational tasks. Users can easily manage the initiation of deposits and loans, along with member creation and modifications. Automated deposit and loan forms, as well as the generation of bank statements and passbooks, contribute to a comprehensive deposits module. The platform also offers auto-calculated interest rates, tax deduction at source (TDS) for clients, and online saving forms for fixed deposits (FD) and recurring deposits (RD). Additionally, an integrated internet banking feature streamlines transactions, while an automated employee module eliminates the need for manual paperwork, simplifying salary and incentive calculations. The software includes an auto Nidhi compliance module for efficient NDH-3 preparation, along with a reminder system for upcoming due dates and alerts regarding any compliance issues. Users can also benefit from a mobile application and robust reporting capabilities, alongside a complete loan module that encompasses everything from loan forms to procedures and calculators, ensuring an all-encompassing financial management solution. With these extensive features, the software significantly enhances operational efficiency for Nidhi institutions, making it an invaluable tool for managing finances effectively.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

AFS Connect Yes 
AFS G2 Yes 
Adobe Acrobat Sign Yes 
Docusign Yes 
Equifax BusinessConnect Yes 
Equifax I-9 Management Yes 
Experian Connect Yes 
Experian Health Yes 
Experian Identity Verification Yes 
Experian PowerCurve Strategy Management Yes 
Facebook Yes 
Mailchimp Yes 
Plaid Yes 
QuickBooks Online Advanced Yes 
Stripe Yes 
Telegram Yes 
Zapier Yes 

Integrations

AFS Connect No 
AFS G2 No 
Adobe Acrobat Sign No 
Docusign No 
Equifax BusinessConnect No 
Equifax I-9 Management No 
Experian Connect No 
Experian Health No 
Experian Identity Verification No 
Experian PowerCurve Strategy Management No 
Facebook No 
Mailchimp No 
Plaid No 
QuickBooks Online Advanced No 
Stripe No 
Telegram No 
Zapier No 

Pricing Details

Contact the ABLE team for pricing details.
Free Trial Yes 
Free Version No 

Pricing Details

$300 per year
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises Yes 
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 Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

ABLE Platform

Founded

2014

Country

United States

Website

ableplatform.io/retail-lending-and-microfinance-software

Vendor Details

Company Name

Hubco Technologies

Founded

2016

Country

India

Website

www.hubco.in/nidhi-company-registration

Product Features

AML

Behavioral Analytics Yes 
Case Management Yes 
Compliance Reporting No 
Identity Verification Yes 
Investigation Management No 
PEP Screening No 
Risk Assessment No 
SARs Yes 
Transaction Monitoring Yes 
Watch List Yes 

Banking

ATM Management No 
Compliance Tracking No 
Corporate Banking Yes 
Credit Card Management Yes 
Credit Union Yes 
Investment Banking No 
Multi-Branch Yes 
Online Banking Yes 
Private Banking No 
Retail Banking Yes 
Risk Management Yes 
Securities Management Yes 
Transaction Monitoring Yes 

Commercial Loan

Asset Management Yes 
Audit Trail Yes 
Complex Debt Structures Yes 
Dashboard Yes 
Document Management Yes 
Exposure Management Yes 
Lead Management Yes 
Pipeline Management Yes 
Risk Management Yes 
Trend Analysis Yes 

Debt Collection

Agency Management Yes 
Auto Dialer Yes 
Automated Notices Yes 
Callback Scheduling Yes 
Client Management Yes 
Commission Management Yes 
Compliance Management Yes 
Contact Management Yes 
Credit Bureau Reporting Yes 
In-House Collections Yes 
Payment Plans Yes 
Transaction Management Yes 

Financial Risk Management

Compliance Management No 
Credit Risk Management Yes 
For Hedge Funds No 
Liquidity Analysis Yes 
Loan Portfolio Management Yes 
Market Risk Management No 
Operational Risk Management No 
Portfolio Management Yes 
Portfolio Modeling Yes 
Risk Analytics Benchmarks Yes 
Stress Tests Yes 
Value At Risk Calculation Yes 

Financial Services

Analytics Yes 
Branch Optimization No 
Channel Management Yes 
Compliance Management Yes 
Customer Engagement Yes 
Performance Management Yes 
Risk Management Yes 

Fraud Detection

Access Security Management No 
Check Fraud Monitoring Yes 
Custom Fraud Parameters Yes 
For Banking Yes 
For Crypto No 
For Insurance Industry No 
For eCommerce No 
Internal Fraud Monitoring Yes 
Investigator Notes Yes 
Pattern Recognition Yes 
Transaction Approval Yes 

Loan Origination

Amortization Schedule Yes 
Audit Trail Yes 
Closing Documents Yes 
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 Yes 
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 

Mortgage and Loans

Amortization Schedule Yes 
Client Database Yes 
Closing Documents Yes 
Commercial Mortgages Yes 
Contact Management Yes 
Credit Reporting Yes 
Customer Statements Yes 
Document Management Yes 
Electronic Applications Yes 
Government Loans Yes 
Loan Origination Yes 
Loan Servicing Yes 
Pipeline Management Yes 
Pre-Qualification Yes 
Refinance Management Yes 
Residential Mortgages Yes 

Online Banking

Brokerage No 
Cash Management No 
Chat / Messaging Yes 
Credit Card Management No 
Electronic Statements Yes 
Fraud Detection Yes 
Loan Management Yes 
Marketing Automation No 
Retail Banking Yes 
Single Sign On Yes 
Transaction Monitoring Yes 

Product Features

Banking

ATM Management Yes 
Compliance Tracking No 
Corporate Banking No 
Credit Card Management Yes 
Credit Union No 
Investment Banking No 
Multi-Branch Yes 
Online Banking Yes 
Private Banking Yes 
Retail Banking Yes 
Risk Management No 
Securities Management No 
Transaction Monitoring Yes 

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