Compare CreditOnline vs CredAcc

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About CreditOnline

EGROUP EU specializes in creating, installing and supporting loan management systems. The main project of the company is the loan business management system CREDITONLINE. CREDITONLINE system is developed by analyzing the good practice of the European loan market and its economical trends.
The loan business management system is created and supported since 2007. Within that time, the system has been implemented in more than 150 companies in the European Union as well as other countries.

The system is developed on the basis of cost saving and effectiveness.

You can service more than 500 000 loan applications per month with the fully automated loan business management system CREDITONLINE. This is a very high level of work efficiency which is determined by the automation of the CREDITONLINE loan software and the application of newest IT technologies.

The loan business management system CREDITONLINE meets international personal data protection requirement as well as modern marketing techniques. CREDITONLINE loan software is easily integrated with financial, accounting, marketing and other software which in turn enables to save HR (Human Resources).

About CredAcc

CredAcc is helping US Banks and other financial institutions digitize their SMB lending processes with its no-code, end-to-end, and truly nimble platform. Built specifically for the changing needs of SMBs, FIs can originate and service more small business credit faster and better than ever with CredAcc. CredAcc is built by bankers, for bankers – the highly intuitive and configurable platform has been crafted by expert credit professionals and technologists with a keen eye for risk and an intricate understanding of modern lending operations. CredAcc has sales, operations, screening, underwriting, servicing, innovation, and admin modules incorporating deep real-world SMB lending expertise. The platform has pre-built APIs with leading data sources and tools to enable AI-powered automation and 100% paperless processing. The result: speedy credit, faster go-to-market, fewer defaults, superior customer and FI employee experience, 24/7 access, and a significant reduction in operational time and cost for higher profitability.

Features

  • Analytics
  • API
  • Billing/Invoicing
  • Budgeting
  • Customer Management
  • Dashboard
  • Data Export
  • Data Import
  • External Integrations
  • Multi-Currency
  • Payment Processor
  • Estimates / Quotes
  • Financial Analysis
  • Report & Compliance

Features

  • Analytics
  • API
  • Billing/Invoicing
  • Budgeting
  • Customer Management
  • Dashboard
  • Data Export
  • Data Import
  • External Integrations
  • Multi-Currency
  • Payment Processor
  • Estimates / Quotes
  • Financial Analysis
  • Report & Compliance

Summary

  • Cloud based loan lending business management system

Summary

  • Intelligent automation: End-to-end, unified lending process

  • Cost-effective: Save time & expensive IT development costs

  • Instant lending products: Build lending products on the go

  • Cloud-based: 100% paperless & 24x7 access

  • Highly configurable: Intuitive & easy-to-setup with pre-built modules

  • Open banking APIs: Faster, better, deeper underwriting & credit decisioning

  • AI-accelerated automation: Pre-built modules for borrower creditworthiness

  • Automated screening: Pre-built verification sequence for reduced fraud & defaults

Pricing

  • Starting from: $900.00/month
  • Credit card required: No
  • For or more information on functionality packages and monthly pricing for different plans, please contact us.

StartUp

$12,000.00
per Licence
Included in plan:
  • Basic functionality

Core System

$30,000.00
Licence
Included in plan:
  • Extended functionality

FAQs

    What are some applications this service is commonly used in tandem with?
  • All possible integration of third-party services, like:
    Money transfer API's
    Credit History checks
    Mailing services
    Reporting services
    Scoring services
    Anything that has internet based API.

  • What platforms does this service support?
  • Back-end is cloud based services that is accessed through browser from any location. Front-end could be on any platform (website, mobile app, sms...) as communication is over API interface.

  • Does this service offer an API?
  • Yes, front-end API, lead service API.

  • Does this service offer multi-user capability (e.g. teams)?
  • Yes, access for multiple user with detailed access control.

  • Does this service integrate with any other apps?
  • Yes, list of integrations is available on our website and custom new integrations are always available.

  • Does this service offer guides, tutorials and or customer support?
  • Customer support and programming team is available for our clients. Documentation and training is also provided.

  • What is this service generally used for?
  • It is used for loan origination and management. It forms a backbone of any effective loan bushiness.

  • Who are the main user groups of this service?
  • Startups and established loan lending businesses that offer variety of loan types.

FAQs

    Does this service offer guides, tutorials and or customer support?
  • Yes, CredAcc has customer support teams, guides with detailed explanations and video tutorials of key features.

  • Does this service integrate with any other apps?
  • CredAcc offers out-of-the-box functionalities and comes pre-integrated with industry-leading third-party apps that support end-to-end automated processing of key SMB loan types.

  • What is this service generally used for?
  • CredAcc can be used to automate end-to-end SMB lending processes with as many customizable credit products, decision rules, and scorecards as required including new origination, KYC, KYB, fraud checks, underwriting, approval, thorough loan processing, lien monitoring and creation. Through advanced API functionality and industry-best third-party integrations, financial institutions can either fully or semi-automate their lending processes depending on their customer requirements. CredAcc comes with built in capabilities for creating a complete straight pass-through application journey for borrowers, along with report generation and scheduling. It can also be used for instant renewal, review, and modification of existing SMB loans.

  • Does this service offer multi-user capability (e.g. teams)?
  • Yes, CredAcc offers granular access provisions for different teams and hierarchies within these teams.

  • What platforms does this service support?
  • CredAcc is a cloud-native application that uses Amazon’s AWS. It can be integrated with other systems via APIs.

  • What are some applications this service is commonly used in tandem with?
  • CredAcc offers service modules such as loan servicing, user creation, and authentication systems with external systems support for all these services.
    It comes pre-configured for easy integration all the major platforms including some of the most commonly used external services like eSignature, Verification, bank account aggregation, core system integrations, and more.

  • Does this service offer an API?
  • Yes, CredAcc is built on a microservices architecture and offers comprehensive APIs tailormade to the financial institution’s needs.

  • Who are the main user groups of this service?
  • CredAcc offers next generation no-code lending technology to optimize and fast-track small business lending innovation for financial institutions of all sizes. It is built for all users involved in the end-to-end loan lifecycle of small business lending, including lead generators, relationship managers, application processors, underwriters, document processors, back-office processors, auditors, and more. CredAcc’s no-code platform allows administrators to instantly configure new credit processes and products without tech support.

Vendor Information

Founded:
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Based in:
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Employees:
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Followers:

Vendor Information

Founded:
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Based in:
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Employees:
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Likes:
Followers:

Other

Who uses CreditOnline
  • Startups
  • SMEs
  • Enterprises
Desktop Platforms:
  • Web App
  • Windows
  • Macintosh
Languages:
Lithuanian, Russian, English, Spanish, Polish, Czech, Latvian, Bulgarian, Georgian
Regional Restrictions:
No restrictions.

Other

Who uses CredAcc
  • Enterprises
Desktop Platforms:
  • Web App
Languages:
English
Regional Restrictions:
No restrictions.
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