IIFL Finance
802, 8th Floor, Hubtown Solaris, N. S. Phadke Marg, Vijay Nagar, Andheri East,
Mumbai, 400 069,
India
Mumbai, 400 069,
India
91 98217 49578
Banking and Financial Services
IIFL Finance Technographics
IIFL Finance Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by IIFL Finance and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 20914 IIFL Finance employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that IIFL Finance has purchased the following applications: Oracle E-Business Suite for ERP Financial in 2014, Adrenalin Max HCM for Core HR in 2015, FinBox Account Aggregation for Data Warehouse in 2021 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems IIFL Finance is running and its propensity to invest more and deepen its relationship with Oracle , Adrenalin , EdCast or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing IIFL Finance revenues, which have grown to $40.15 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for IIFL Finance intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
IIFL Finance Tech Stack and Enterprise Applications
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle E-Business Suite | ERP Financial | ERP Financial Management | n/a | 2014 | 2014 |
In 2014, IIFL Finance implemented Oracle E-Business Suite as its core ERP Financial platform to automate finance operations. The Oracle E-Business Suite deployment centralized corporate finance and accounting functions, consolidating general ledger, accounts payable, accounts receivable, fixed assets, cash management, and financial reporting capabilities.
Configuration work emphasized chart of accounts design, ledger and period close automation, statutory accounting setups for India, and workflow driven approvals for invoice and payment processing. Governance included role based access controls, segregation of duties enforcement and a formal change control process to manage financial configuration, while rollout prioritized process orchestration and automation across treasury, accounting and financial reporting teams. The implementation positioned Oracle E-Business Suite to deliver effective automation of financial processes for IIFL Finance, aligning the ERP Financial application with centralized finance operations and operational controls.
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HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Adrenalin | Legacy | Adrenalin Max HCM | Core HR | HCM | n/a | 2015 | 2015 |
In 2015, IIFL Finance implemented Adrenalin Max HCM as its Core HR platform for East Zone operations. Deployment scope covered the East Zone with more than 1400 employees across 238 branches in six states, administered by a zonal HR team of six and overseen by the Zonal Head HR. The implementation record ties system ownership to the Zonal Head HR who coordinated rollout activities and aligned HR priorities with business leadership.
Adrenalin Max HCM was configured to deliver Core HR capabilities including payroll processing, leave and absence management, performance appraisal system configuration, and HR automation layered on the HRIS. The implementation explicitly supported training program coordination, statutory compliance and labour law workflows, employee benefits and grievance handling, and talent programs such as high potential reviews and stay interviews. Configuration work emphasized workforce data capture, pay rule definition, leave policy enforcement, and scheduled performance cycles to match zone level HR planning.
The deployment followed a centralized zone level HRIS model with branch level data capture and role based access for HR business partners and branch managers, enabling automated approvals and consolidated payroll runs for the East Zone. Automation workflows were used for payroll and leave processing, performance cycle notifications, and training coordination, consistent with Core HR process patterns. Source notes do not document named external system integrations, so operational interfaces remained focused on internal HR process flows and statutory reporting.
Governance centered on embedding HR business partner practices and formalizing HR strategy formation in coordination with the Business Head and Head HR. Rollout and ongoing administration were managed by the zonal HR team, with emphasis on process implementation, HR automation adoption, and ensuring statutory compliance across the six states. The narrative documents a zone focused Core HR implementation using Adrenalin Max HCM to centralize HR functions and operationalize HR policies for East Zone operations.
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Learning and Development | HCM |
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2018 | 2018 |
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Payroll | HCM |
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2015 | 2015 |
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Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| FinBox | Legacy | FinBox Account Aggregation | Data Warehouse | Analytics and BI | n/a | 2021 | 2021 |
In 2021, IIFL Finance deployed FinBox Account Aggregation in the Data Warehouse category to enhance MSME lending underwriting. The implementation integrated FinBox’s Account Aggregator-enabled underwriting via BankConnect AA to ingest customer GST records and bank cash-flow statements to support GST and cash-flow based MSME lending decisions. The deployment positioned FinBox Account Aggregation as a core data ingestion and normalized financial data layer within IIFL Finance's lending architecture.
Functional modules implemented included account aggregation, GST and bank cash-flow data ingestion, automated underwriting decisioning and credit adjudication workflows aligned to MSME risk profiles. FinBox Account Aggregation connected consented AA data feeds into IIFL Finance's underwriting pipelines, enabling near real-time verification of business revenue and liquidity signals for loan origination and credit assessment. The configuration emphasized data normalization, consent management and integration into existing credit decision workflows.
The initiative affected underwriting, credit origination and risk assessment functions across IIFL Finance's MSME lending operations in India. The partnership produced explicit outcomes, including a 17% increase in approval rates and higher average ticket sizes, and it was recognised with a Sahamati award for AA-based MSME lending. The implementation therefore links the company, FinBox Account Aggregation and the Data Warehouse application to operational credit decisioning for MSME products.
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Audio Video and Web Conferencing | Collaboration |
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2020 | 2020 |
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Collaboration | Collaboration |
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2016 | 2016 |
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Collaboration | Collaboration |
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2018 | 2018 |
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Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Intelligent Document Processing | Content Management |
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2021 | 2021 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Marketing Analytics | CRM |
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2020 | 2020 |
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Marketing Analytics | CRM |
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2020 | 2020 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2021 | 2021 |
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ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Performance Management | ITSM |
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2018 | 2018 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Content Delivery Network | IaaS |
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2018 | 2018 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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EMM / MDM / MAM | CyberSecurity |
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2023 | 2023 |
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Identity and Access Management (IAM) | CyberSecurity |
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2021 | 2021 |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2021 | 2021 |
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IT Decision Makers and Key Stakeholders at IIFL Finance
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by IIFL Finance Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from IIFL Finance IT executives and key decision makers. This section highlights IIFL Finance's latest recorded technology evaluations, including CRMnext for CRM on 2025-05-15, Darwinbox Payroll for Payroll on 2024-12-23, and Oracle Payroll Cloud for Payroll on 2024-11-11. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the IIFL Finance digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||
FAQ - APPS RUN THE WORLD IIFL Finance Technographics
IIFL Finance is a Banking and Financial Services organization based in India,
with around 20914 employees and annual revenues of $40.15 billion.
IIFL Finance operates a diverse technology stack with applications such as
Oracle E-Business Suite, Adrenalin Max HCM and FinBox Account Aggregation,
covering areas like ERP Financial, Core HR and Data Warehouse.
IIFL Finance has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Oracle, Adrenalin and FinBox.
IIFL Finance recently adopted applications including
Zoho ManageEngine Mobile Device Manager Plus in 2023, FinBox Account Aggregation in 2021 and FinBox BankConnect in 2021,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of IIFL Finance’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates IIFL Finance’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete IIFL Finance technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.