About AutoCloud

AutoCloud Enterprise is a cloud-based loan management platform designed for non-banking financial companies (NBFC) that helps simplify operations and automate deals closures for lenders. With a suite of solutions catering to businesses of all sizes, it enables users to gain real-time insights by pulling data from across the web and manage applications for personnel, vehicle, property and business loans.

Features of AutoCloud Enterprise include integrated accounting, reporting, document archiving, role and user access, audits, examination of pre-credit history, credit risk assessment and master data management. The suite enables businesses to closely track and monitor non-performing asset (NPA) accounts and control end-user activities. Further, ...


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3 Reviews of AutoCloud

Overall rating

5 / 5 stars

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May 2019

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Nissanka from M C Medisoft

Verified Reviewer

Company Size: 11-50 employees

Industry: Computer Software

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

May 2019

Goodbye to manual credit application processing

the available features are fairly good for Sales, Assessment, Processing and recoveries. As I haven’t reached the customer support so far, no comment can be made. Overall it’s a good system for small scale NBFCs.

Pros

As a user of Auto Cloud, we have been able to get rid of most of the manual Credit processing, Evaluation, Approval, Disbursement and Recoveries. What matters in Lending is not quantity but quality. These automation processes helps in minimizing human errors / short-sights throughout the process. A good investment is based on the recovery of the final due cent and not by the value of the loan given. Auto cloud just does it no matter where you are. The revolutionary features of Auto Cloud can be mainly segmented as loan origination suite, loan management suite, loan collection suite, reporting and analytics suite. The CRM, ENTERPRISE INTELLIGENCE, COMMUNICATION and BPM features handles the process as different but coordinated segments to complete the credit process. Within above, tools for Credit Bureau Integration, Bank Integration, Credit Risk Assessment, etc is incorporated for ease of credit worthiness determination. These features make sure that a quality investment is done and the recoveries are managed as scheduled in order to achieve budgeted revenue. Other features too are incorporated within the said process for a smooth administrative process. This is a reasonably well designed system at least for a higher reliability if not 100%.

Cons

at this stage it’s not right to comment about cons and may need more time to assess the effectiveness. With the rapidity of usage gaps may emerge as is a common case with most software. I suggest that integration of social media and telephone number tracking apps will help in identifying the applicant’s background in detail as a background checking tool.

May 2018

raunak from Research

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

May 2018

The most easiest and best software for any type of lending companies

Pros

Easy to use and understand, Automated & AI built reporting and accounting Amazing UI/UX All features in one

Cons

No mobile apps still, but according to the company , they are working and will be done in 3 months.

August 2021

Max from THum design

Company Size: 2-10 employees

Industry: Design

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

4.0

Functionality

4.0

August 2021

AutoCloud

Pros

Overall easy to use once you get the hang of it, we use it to process credit automatically, does the job you want it to do

Cons

No integration for social media yet unfortunately & no mobile app