AutoCloud Pricing, Features, Reviews & Comparison of Alternatives

AutoCloud

Loan origination & document management for lending companies

5.0/5 (2 reviews)

AutoCloud overview

What is AutoCloud?

AutoCloud is a cloud-based loan management solution, which assists banks and lending companies with managing processes for loan disbursement and customer onboarding. Key features include document uploads, reminders, accounting, data collection, and reporting.

The AutoCloud platform enables administrators to register customers and collect data such as proof of identity, loan type, pending EMI payments, past dues, and more. Its integrated accounting system enables teams to generate financial reports including trial balance, general ledger, monthly collections, balance sheet, and day book. Teams can send automated SMS reminders to customers, as well as print and export documents in the Excel or PDF format.

AutoCloud comes with a centralized portal, helping managers monitor performance across multiple branches and assign role-based permissions to employees. The native mobile application for iOS and Android enables field-based teams to view assigned jobs, access customer information, generate payment receipts for customers, and receive updates from the branch office.
www.allcloud.in

Pricing

Pricing options
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Asia, India, Middle-East and Africa

Supported languages

English
AutoCloud screenshot: AutoCloud admin dashboardLoan Management Software - AutoCloudAutoCloud screenshot: AutoCloud homepageAutoCloud screenshot: AutoCloud cashflow reportAutoCloud screenshot: AutoCloud accounting dashboardAutoCloud screenshot: AutoCloud vehicle financeAutoCloud screenshot: AutoCloud loan details

AutoCloud reviews

Excellent
2

Very good
0
Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  5.0
  5.0
  5.0
  5.0
Nissanka Seneviratne

Goodbye to manual credit application processing

Used weekly for 6-12 months
Reviewed 2019-05-01
Review Source: Capterra

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

raunak jain

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

Used daily for 6-12 months
Reviewed 2018-05-23
Review Source: Capterra

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Minimize review

AutoCloud pricing

Pricing options
Subscription
View Pricing Plans

Contact AllCloud for pricing details.

AutoCloud features

API
Accounting Integration
Accounting Management
Activity Dashboard
Audit Trail
Compliance Management
Customizable Reporting

Automatic Notifications (138 other apps)
Billing & Invoicing (157 other apps)
Data Import/Export (149 other apps)
Electronic Payments (143 other apps)
Expense Tracking (139 other apps)
Financial Analysis (109 other apps)
Invoice Management (202 other apps)
Invoice Processing (130 other apps)
Multi-Currency (136 other apps)
Real Time Data (136 other apps)
Reporting & Statistics (201 other apps)
Third Party Integration (160 other apps)
Workflow Management (121 other apps)

Additional information for AutoCloud

Key features of AutoCloud

  • Amortization Schedule
  • Application Management
  • Automatic Funds Distribution
  • Client Database
  • Closing Documents
  • Collateral Tracking
  • Commercial Mortgages
  • Complex Debt Structures
  • Construction Loans
  • Consumer Loans
  • Credit Reporting
  • Customer Management
  • Customer Statements
  • Electronic Applications
  • Electronic Signature
  • Escrow Management
  • Exposure Management
  • Fee Management
  • HUD Settlement Statements
  • Historical Loan Information
  • Integrated Vendor Services
  • Investor Management
  • Investor Reporting
  • Lender Search
  • Loan Consolidation
  • Loan Level Pricing
  • Loan Origination
  • Loan Processing
  • Loan Searching
  • Loan Servicing
  • Loan Submission Control
  • Mortgages
  • Multi-Branch
  • Online Application
  • Outsource Processing
  • Payment Tracking
  • Pre-Qualification
  • Pricing Management
  • Promissory Notes
  • Property Tax Management
  • Rate Tables
  • Refinance Management
  • Residential Mortgages
  • Risk Management
  • Rules Customization
  • Third Party Loan Origination
  • User Defined Scoring
  • Visual Presentation
View All Features