About Client
The client has deep expertise in supply chain finance and trade finance. The client has a product which is an online marketplace for short-term and collateralfree loans for MSMEs (Micro, Small & Medium Enterprises ). The client organization helps small businesses have a loan based on their invoices.
Technology
- Liferay 7.1
- Java
- Google BigQuery
- JQuery
- Bootstrap
- SAML Integration
- Apache
- reCAPTCHA
- JAX-RS web services
- jSoup Library
- iText Library
Business Requirement
- The solution should be a SaaS-based portal where different companies can register themselves and use the portal by their dedicated URL.
- Login and registration should have multi-factor authentication features.
- Lenders should be able to fund the invoice.
- Lenders, Corporates, and Vendors can see their financial updates in their personal portfolios.
- Corporate, Lender, and Vendor users should be able to manage all the financial actions through this portal.
- Corporate, Lender, and Vendor users should be able to get reports by email/SMS.
- Users should be able to download financial reports.
- Users should be able to get reports at the scheduled time by mail.
- Backend users should be there to manage the users on the portal.
Key Feature
- The Portal provides excellent security of data and also provides robust & reliable storage facilities.
- Enabling an ERP integration ensures that there are no errors or duplicate work in the transaction flow.
- Registration and Login with Multi-Factor authentication using Email.
- Portal supports login using SSO to allow a user to authenticate once and gain access to separately secured systems without resubmitting credentials.
- Corporates and Vendor users can upload invoices with three methods. (Manual upload, File upload, and Bulk upload).
- The Portal asks users to accept the NoA while submitting the invoice for funding.
- The lender can check all invoices, which came under the lender’s panel for funding.
- The lender can fund the invoice from the portal only.
- Portal creates a loan when the lender funds the invoice, and sends email notifications for the installments.
Finance and Treddinf Marketplace Success stories
“They are very good at following instructions and consistently build our product as per our requirements. They are quick with milestone deliverables. We will continue to work with IGNEK and the team.”
Wants to know more about Finance and Trading MarketPlace
case study ?
Finance and Treddinf Marketplace Success stories
“They are very good at following instructions and consistently build our product as per our requirements. They are quick with milestone deliverables. We will continue to work with IGNEK and the team.”
Wants to know more about Finance and Trading MarketPlace
case study ?
