Bussan Auto Finance Adopts Nucleus Software

Bussan Auto Finance India has announced the implementation of Nucleus Software’s FinnOne Suite, which will help the company to attain proficiency in automating, consolidating and providing operational excellence in the automotive lending business. The FinnOne Suite comprises the FinnOne customer acquisition system, loans management system, collections and general ledger System.

Bussan Auto Finance India is a newly established finance company promoted by Axis Bank in India. The FinnOne Suite will provide Bussan Auto Finance India a strategic advantage by ensuring reduced turnaround time in processing and disbursing loans and managing its delinquent customers.

Commenting on the selection, Shigeo Enomoto, chairman-cum-managing director, Bussan Auto Finance India said, “An in-depth understanding of the banking and financial services industry and expertise in managing the requirements of automotive financing companies from lending perspective had prompted us to forge this alliance with Nucleus. With FinnOne going live at Bussan Auto Finance India, we are pleased to offer our customers world class services with a great operational excellence across our lines of business”.

More from Biztech

Future Group - Reliance Retail Deal approved by CCI RBI ban on cryptocurrencies takes effect; prohibition could force investors to tap the black market

Vishnu R Dusad, CEO and managing director, Nucleus Software said, “Non-banking financial institutes across the globe are revamping their technology infrastructure rapidly, and Nucleus is strongly positioned to help them refurbish their operations to be at par with global conglomerates. We are confident that with successful implementation of FinnOne at Bussan Auto Finance, we will be able to augment the company’s growth by playing a pivotal role as their technology partner”.