News

News

Innoviti Announces New Mobile-based Dealer Enrolment App for SME Lending

Innoviti Announces New Mobile-based Dealer Enrolment App for SME Lending

Innoviti Payment Solutions announced the roll out of their new Dealer Enrolment Mobile App for accelerating the pace of enrolment of SMEs on their smelending.com platform.

With the introduction of the new Dealer Enrolment Mobile App, the company expects to significantly enhance dealer experience by cutting down the turnaround times. Typically the cycle time for physical submission of dealer documents leading to a provisional credit limit approval under Innoviti's smelending.com program, required on average 2 field visits and up to 10 days to complete. In contrast, the new app enables the same process to be completed across the table in a manner of minutes. Using this application, Innoviti's field representative can visit the dealers at their premises and complete the entire smelending.com enrolment process via simple touches on his mobile phone enrolment app. The completely digital enrolment process encompasses capturing the dealer's profile details, photographing his KYC documents on the mobile phone for uploading, registering dealer consent for undergoing mandatory CIBIL check and submitting the completed enrolment form for instant processing.

Fintech