The KPB Edge
KPB Fincare, a microfinance company started after the demonetisation, was founded on the principles of a cashless and paperless operating model. Operating a completely paperless and cashless model required developing a new legacy free software. The new software created for KPB Fincare, by KPB Digital, a sister company is built around an Oracle based, core Loan Management System with microservices based front end, which is highly flexible. This flexibility helps us make changes in field processes with ease. For eg: In some of our mature centres, we do monthly centre meetings instead of weekly centre meetings, freeing up the time for our field officers.
Over the growth curve of the company, this software and innovative processes, will reflect in lower operational costs.