Sakthi Finance implements Sundaram Infotech IT solution

The non-banking finance company has gone 'live' with Sundaram's web enabled loan and leasing enterprise software solution

Non-banking finance company Sakthi Finance has implemented the software solution -- SmartLend 3G -- of city based Sundaram Infotech Solutions, the IT subsidiary of Sundaram Finance.

Coimbatore-based Sakthi Finance has gone "live" with Sundaram Infotech's web enabled loan and leasing enterprise software solution, Sundaram Infotech said in a statement.

SmartLend 3G addresses the business needs regarding retail lending, corporate lending and small and medium enterprise loans through modular approach.

This includes lead management, hire purchase, asset loan, collection, securitisation and working capital, among others, it said.

"We chose Sundaram Infotech for their robust end-to-end offering and domain expertise in the lending solutions space, proven track record of excellence in timely delivery, their solid project management skills and after sales support", Sakthi Finance Managing Director M Balasubramaniam said.

Sundaram Infotech develops ERP (Enterprise Resource Planning) solutions in manufacturing, retail and distribution, trading and logistics, automotive and IT solutions for retail lending in financial services space and also in other areas, the statement added.