Fintech is not the elephant in the room as most BFSI entities still believe. Technology can help even venerable institutions to compete with newer financial institutions and provide services to customers that are on par with the best in the industry.

Challenge

Axis Bank required a mobile app that not only provided a seamless experience for its corporate users, but also ensure security and data privacy.

Solution

• Indus Net Technologies helped Axis Bank to leverage its services with a dedicated corporate mobile app, PayPro.

• PayPro, an iOS and Android app solved the challenge by

  1. Enhancing Axis Bank’s competitive edge and customer retention by streamlining its corporate banking services safely and securely.
  2. Introducing intuitive authorizations for financial transactions.
  3. Bringing security and data privacy to the forefront.

Fintech is a powerful tool to boost growth among BFSI entities

1. Indus Net has helped several eminent financial organizations to tap into technology to enhance growth and add nuance to services offered.
2. Download the detailed case study to learn more about how we helped Axis Bank with PayPro
3. Contact us today to learn how Indus Net Technologies can help solve problems with technology

Policy Administration

• Our solution empowered the company to effectively administer all aspects of online policy quoting, payment and initiation of new policies as well as subsequent management of mid-term adjustments(MTAs), renewals and cancellations
• It enabled improved operating leverage by providing a seamlessly integrated flexible platform which allowed quick addressing of customer needs and regulatory requirements, thereby eliminating redundant platforms, processes and underlying cost pressures.

Policy Management

• Our solution enabled effective tracking of all premium payments by investors, claim reimbursements, balance sheet and sales commissions.
• Integrated Accounts & Finance module to support real-time capture and reporting of all transactions via predefined reporting templates as well as live dashboards.
• Integrated CRM functionality to keep track of client’s accounts.
• Inbuilt Document Management System (DMS) to establish a smooth mechanism for creation, storage and dispatch of template-based policy document and email to customers and/or third party suppliers.

Claim Management

INT’s Claim management solution facilitated highly consistent claims execution practices while providing real-time access to claim status.

1. INT’s Claim management solution facilitated highly consistent claims execution practices while providing real-time access to claim status.
2. Enabled quick settlement of dues.
3. Access to Real-time status enabled faster reimbursements.
4. Enhanced customer service

Channel Management

Our highly robust and effective distribution Channel Management solution enabled our Client to significantly minimize operational costs and optimize performance.

1. Simplified relationship with distribution channels like Agencies, Agents and Brokers.
2. Instant access to real-time data and analytics reduced the selling lifecycle and improved customer relationship.
3. Agents could keep track of all activities from Policy registration to claim processing.
4. Agents could check their data, their commission and policy status updates
5. Increased service levels led to enhanced customer satisfaction and opportunities for effective cross-sell, up-sell and retention.
6. Agent credentials management for regulatory compliance.