London, W13 8RA,
United Kingdom
Damco Solutions
Damco Solutions, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Damco Solutions collaboration with software players such as Damco Solutions empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Damco Solutions | Damco Solutions | Damco LoansNeo | Loan Management | ERP Services and Operations |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
|
|
Ambit | Banking and Financial Services | 1500 | $35M | India | Damco Solutions | Damco LoansNeo | Loan Management | 2022 |
In 2022, Ambit Finvest implemented Damco LoansNeo in the Loan Management category. Damco Solutions implemented a Salesforce-based loan origination and field-sales solution for Ambit, positioning Damco LoansNeo as the core Loan Management application to digitize customer onboarding, document collection and collections tracking.
The implementation focused on loan origination and field-sales workflows, with functional configuration for digital onboarding, automated document collection workflows, credit decision orchestration and collections tracking. Module usage of Damco LoansNeo loan-management accelerator is inferred from Damco product materials and the described loan origination functionality, reflecting typical Loan Management capabilities such as application intake, document validation automation and collections case management.
The deployment was built on Salesforce, with Damco Solutions acting as the implementation partner, and covered Ambit Finvest field sales, credit operations and collections teams operating in India. Governance changes emphasized digital-first onboarding and validation processes, and reported outcomes from the engagement included a reduction in document and validation effort of approximately 70 percent and a compression of decision turnaround from days to minutes.
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