Anovaa is an end-to-end loan origination solution that brings together consumer-facing simplicity and smart technology to accelerate loan processing and boost operational efficiencies. Packed with powerful functionalities, this solution helps banks, credit unions, state agencies, and non-bank lenders improve their customer engagement and get more loans booked.
Anovaa uses a technology that offers model-based orchestration as well as policy management to automate loan workflow processing. It also enables personalization of personal loans without the risk of fraud. The platform collects customer data in real-time and utilizes behavior analytics to reduce cyber risks and prevent fraud. What’s more, the platform comes with a flexible credit scoring engine that goes beyond FICO credit scores. It includes employment history, college GPA, automated income verification, and other criteria that allow banks to lower the risks related to credit underwriting.
Show MoreOffer Personalized Loans
The platform comes with an advanced credit scoring engine that utilizes custom and FICO credit scores as well as analytics, allowing lenders to personalize rate quotes. With this solution, you can match customers with terms and rates that are adjusted to their ability to pay. This can result in more lending opportunities.
Improve Loan Processing Efficiency
Anovaa makes loan applications a quick and simple process. It uses a smart flow engine to collect liabilities, accelerate underwriting, and automate income verification. With this tool, you can offer your customers a seamless experience. It can also help you get more loans.
Reduce Fraud
Loan fraud can wreak costly havoc on lending business. Anovaa helps its users avoid this problem by conducting a real-time risk assessment for each transaction made. The platform includes an analytics engine that analyzes risks using various criteria such as behavior analysis, payment information, device intelligence, and more. It also features one-time-passcode authentication and knowledge-based authentication services which can help minimize the risk of fraud.
Seamless Integration
Anovaa comes with an API that lets you connect your enterprise systems. Also, it can seamlessly integrate with fintech applications and even marketplaces. Some of the digital channels it integrates with are Credit Karma, Credible, NerdWallet, and Lending Tree. The integration with loan marketplaces can help you reach more potential clients.
Show MoreProblem #1: Personalization of Products
Banks want to personalize engagement with their customers to predict and present the best loan offer at the point of need. Anovaa helps its clients do just that by incorporating behavior analytics and includes API services that can detect customer needs and deliver solutions when and where they need them.
Problem #2: Application flexibility
Banks want to be able to customize the loan application and customer journey. Anovaa provides flexibility to move fields and functions and place policy controls and notification services anywhere in the application process and deliver real-time metrics so banks can see where improvement can be made.
Problem #3: Efficiency
75% of banks report that efficiency in loan processing is their biggest problem. Digital loan applications aren’t much good if you still have manual back-office processes that slow turn around time and create friction in the buying cycle. Anovaa automates the entire loan life-cycle, eliminating manual intervention requirements and lowering costs.
Since businesses have distinct business needs, it is prudent that they avoid settling on an all-in-one, ideal software product. Nevertheless, it is nearly futile to stumble on such application even among sought-after software systems. The correct step to undertake should be to list the numerous vital factors that demand analysis such as major features, plans, technical skill competence of staff, company size, etc. Then, you must follow through the product research comprehensively. Have a look at some Anovaa analyses and check out each of the applications in your list in detail. Such detailed product research can make sure you keep away from unsuitable apps and buy the system that meets all the features your business requires for success.
Position of Anovaa in our main categories:
Anovaa is one of the top 100 Applicant Tracking Systems products
Anovaa is one of the 200 Business Process Management Software products
If you are considering Anovaa it may also be sensible to examine other subcategories of Applicant Tracking Systems collected in our database of SaaS software reviews.
Every company has different wants and requires an application that can be personalized for their size, type of employees and customers, and the specific industry they are in. For these reasons, no platform can provide perfect tools out-of-the-box. When you try to find a software app, first be sure what you require it for. Read some Anovaa Applicant Tracking Systems reviews and ask yourself do you want basic tools or do you want advanced tools? Are there any industry-specific tools that you are looking for? Obtain the answers to these questions to help your search. There are plenty of aspects that you need to consider and these include your budget, specific business wants, your organization size, integration requirements etc. Take your time, use a few free trials, and finally select the app that presents all that you want to enhance your organization competence and productivity.
Anovaa Pricing Plans:
Contact vendor
Anovaa Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
Anovaa’s enterprise pricing details are available only upon request. Kindly contact the vendor for a quote or a demo.
We know that when you choose to get a Applicant Tracking Systems it’s crucial not only to learn how professionals rank it in their reviews, but also to check if the actual clients and businesses that use this software are indeed happy with the product. That’s why we’ve designer our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Anovaa reviews across a broad array of social media sites. The information is then presented in an easy to digest way revealing how many clients had positive and negative experience with Anovaa. With that information available you should be equipped to make an informed buying decision that you won’t regret.
Devices Supported
Deployment
Language Support
Pricing Model
Customer Types
Anovaa integrates with the following solutions and applications:
Anovaa
is waiting for
your first review.
Write your own review of this product
ADD A REVIEWMore reviews from 0 actual users:
Join a community of 7,369 SaaS experts
Thank you for the time you take to leave a quick review of this software. Our community and review base is constantly developing because of experts like you, who are willing to share their experience and knowledge with others to help them make more informed buying decisions.
OR
Sign in with company emailSign in with company email
Why is FinancesOnline free?
FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.