Conflux Technologies

FINFLUX


4 / 5
7 reviews

Who Uses This Software?

Digital financial application


Average Ratings

7 Reviews

  • 4 / 5
    Overall

  • 4 / 5
    Ease of Use

  • 4 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Deployment
    Cloud, SaaS, Web
    Mobile - Android Native
  • Training
    Documentation
    Webinars
    In Person
  • Support
    Online
    Business Hours

Vendor Details

  • Conflux Technologies
  • www.finflux.co
  • Founded 2010
  • India

About FINFLUX

Banking platform that provides end to end digital lending technology right from loan origination, loan management, collections, accounting and portfolio management


Spotlight-media-placeholder

FINFLUX Features

  • Amortization Schedule
  • Audit Trail
  • Compliance Management
  • Customer Database
  • Digital Signature
  • Document Management
  • Fee Management
  • Loan Consolidation
  • Loan Processing
  • Loan Submission Control
  • Mortgages
  • Online Application

FINFLUX Reviews Recently Reviewed!


Capterra-loader

I have been using finflux sincen 2016 and had the experience of implementing the system on premise

Jan 19, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

3 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
Likely
Extremely
Likely

Pros: The overall functionality of Finflux delivers a stable and efficient environment.

During the implementation i didn't find difficulties during migration nor implementation of the system

Users never had any complains about the easiness of flow while working and using Finflux on a daily basis

So as an overall we are satisfied with what Finflux provides as services

Cons: The UI is kind of standard with its design, so a little improvement with the design would be a good touch.

There are some challenges with the bulk transaction usability in the system. especially for MFIs who import daily bulk transactions like al Majmoua.

The system lacks proper documentation. Sometimes when a version is released you have to find your way in understanding how some features work.

The configuration part of the system also needs detailed documentation to be more understandable. Along some documentation about database optimization for large institutions would be good too

Overall: 1-Direct integration with our external system using Finflux's API

2-Easy flow of data entry process

3-Improving the speed of our overall business processes

Capterra-loader

Fast Implementation and outstanding customer support.

Jan 10, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: - Fast implementation

- Cloud-based on reliable servers

- we receive customer supports withing 24 hours.

- When we mess with something they don't find fault they find a remedy.

- Always available customer service (Sometimes we get supports even late night.)

- Lots of Features & Functionalities

- Monthy updates and enhancements to the system.

- If you ask them to walk with you 1 km, they will come with you 2 or more Km. That's how they win trust.

- Affordable

Cons: - Some functions (2 or 3)need more localization specially CRIB and other interrogations. But we have a great hope this also will available soon.

mostly standard software which needs a lot of tweaking for non-standard products and reports

Jan 18, 2018
3/5
Overall

3 / 5
Ease of Use

2 / 5
Features & Functionality

2 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 6.0/10 Not
Likely
Extremely
Likely

Pros: easy to use and navigate for standard users, everything in one place (operations and accounting), flexibility to include new/customized reports

Cons: sometime too standard (meaning a lot of work around for adjusting to non-standard loan products); sometimes inflexible for requirements (software made for SHG and JLG approach in India becomes often visible); better customization options would be appreciated; MIFOS lacks behind with features like offline / app / sms functions etc and it long delays in developing them; many troubleshooting is required and we have to scale up issues to the service team nearly weekly

The overall experience is good, though the system needs a more detail testing of functions

Jan 17, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

5 / 5
Value for Money

Pros: The system functions as it needed to be, and is based on many micro finance company. The most common functions have a nice documentation online, and the support is being given in a timely manner.

Cons: Some of the filters, and functions are not working as expected, and some errors have no proper description.

Finflux is simple, flexible and scalabl, and comes with minimum learning curve across all user level

Dec 29, 2017
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
Likely

Pros: Ease of use, low learning curve, great support. Product has loan origination, marketing suite and flexible LMS module that support all type of loan proudcts

Cons: Minimal set of standard reports, accounting module is very limited, no support for taxation, budgeting and other advance needs are not met

Overall: We where able to scale our business from day zero, and we where able launch new branches and products with ease

We have a great working relationship with the support team at Conflux.

Jan 19, 2018
4/5
Overall

5 / 5
Ease of Use

4 / 5
Features & Functionality

4 / 5
Customer Support

4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
Likely
Extremely
Likely

Pros: I like the fact that Finflux is accessible remotely - we have been able to give field staff real time access to reports and information.

Capterra-loader

Mostly good, support has been great.

Jan 30, 2018
4/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money

Pros: Allows our staff to capture client data live in the field. Allows our staff to see live data about their portfolios.

Cons: Frequently stops working. Fortunately the app recovers from crashes fairly gracefully, but it is still a source of annoyance when it occurs.