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Description
Algebrik One stands out as the premier, cloud-based digital lending platform and operating system crafted by Algebrik AI.
It transcends the typical Loan Origination System (LOS) by forming a cohesive, intelligent ecosystem tailored specifically for credit unions, community banks, and auto lenders. The platform aims to eliminate disjointed, outdated underwriting systems by offering a comprehensive, continuous workflow that leverages Agentic AI technology.
Algebrik One integrates the lending process into five essential modules:
• Digital Account Opening (DAO): Rapid, three-minute onboarding facilitated by AI-driven identity verification.
• Omnichannel POS: Seamless borrower application experience across mobile, web, and in-branch interactions.
• Lender’s Cockpit: An all-in-one LOS dashboard that automates the routing process and enhances funding efficiency.
• AI Decision Engine: A no-code machine learning solution that provides immediate credit risk assessments.
• Portfolio Analytics: Advanced predictive monitoring that identifies early warning signs of delinquency.
This innovative approach not only streamlines the lending experience but also empowers financial institutions to make data-driven decisions efficiently.
Description
Credgenics, a SaaS-based platform that serves 75+ lenders, offers innovative digital-first, AI/ML data-driven capabilities such as multi-channel communications, digital collections, calling, predictive dialers and litigation management. It also provides digital payments, field collections, dashboard, analytics, and digital payments. Credgenics has USD$2 billion NPA stage retail loan book values and USD$6 billion delinquent stage retail loans book values. It manages 22,000,000 retail loans and sends 50,000,000 digital communications each month.
Our go-to platform for digital resolution and recovery results in:
20% Increase in Resolution Rates
80% Recovery on Delinquent Accounts
25% Increase in Collections
60% Improvement in Legal Process Efficiency
40% Increase in Productivity of Field Agents
Collect 40% Lower
30% Reduced Time to Collect
5x Return on Investment
API Access
Has API
No
API Access
Has API
Yes
Screenshots View All
No images available
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
CaaS: Success-based (Recovery percentage) based-depends on the account
SaaS: capex+storage costs+(subscription/logins)+usage based pricing
SaaS: capex+storage costs+(subscription/logins)+usage based pricing
Free Trial
No
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
Yes
iPhone App
No
iPad App
No
Android App
No
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
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Algebrik AI
Founded
2024
Country
United States
Website
algebrik.ai
Vendor Details
Company Name
Credgenics
Founded
2019
Country
India
Website
www.credgenics.com
Product Features
Loan Origination
Amortization Schedule
No
Audit Trail
No
Closing Documents
No
Compliance Management
No
Customer Database
No
Digital Signature
No
Document Management
No
Fee Management
No
Loan Processing
No
Online Application
No
Product Features
Debt Collection
Agency Management
Yes
Auto Dialer
Yes
Automated Notices
Yes
Callback Scheduling
No
Client Management
Yes
Commission Management
No
Compliance Management
Yes
Contact Management
Yes
Credit Bureau Reporting
No
In-House Collections
Yes
Payment Plans
No
Transaction Management
No