Brainvire Enhances Digital Solutions for IIFL Finance with Cutting-Edge Mobile and Web Development

Brainvire, a leading global digital transformation company, has strengthened its partnership with IIFL Finance Limited, one of India's foremost financial services providers. Through our consultative approach, we deliver innovative web and mobile development solutions tailored to meet the unique needs of finance and investment companies, with a strong emphasis on user-centric design.

IIFL Finance Limited, along with its subsidiaries—IIFL Home Finance Limited, IIFL Samasta Finance Limited, and IIFL Open Fintech Private Limited—offers a wide range of financial services, including home loans, gold loans, business loans, loans against property, medium and small enterprise financing, microfinance, developer and construction finance, and capital market finance. The company serves both retail and corporate clients across India, supported by a robust network of over 2600 branches in more than 500 cities.

The long-standing partnership between IIFL Finance and Brainvire has driven the company's digital transformation. Brainvire has consistently provided expert guidance throughout every stage of development, ensuring that IIFL's digital platforms remain at the forefront of technological innovation.

One of our recent initiatives involves flutter app development and a technical vendor report system aimed at optimizing the loan processing workflow. Traditionally, technical verification has involved extensive manual data entry and report filling, particularly for cases like Shakthi or BLC. This process has been time-consuming for Relationship Managers (RMs) and Internal Technical Managers (ITMs), who manually input data into a five-page technical visit report comprising multiple fields and tabs.

Our new solution intends to significantly reduce the number of fields and tabs, making the process more efficient and product-specific. For instance, in the Shakti process, the report will focus on just three key areas: Customer & Location, Property & Structure, and Valuation & Remarks. This streamlined approach will save vendors considerable time filling out reports, enhancing overall productivity and accuracy.

The FLUTTER-based system we are developing will be compatible with iOS, Android, and web platforms, allowing users to access the new report format seamlessly on their phones or laptops without requiring separate login functionality. The technical verification process will remain unchanged, with ITMs accessing the report via the vendor dashboard, ensuring a smooth and effortless transition to the new system.

Chintan Shah, CEO of Brainvire, commented, "We are committed to empowering our clients in the financial sector with cutting-edge digital solutions that enhance operational efficiency and improve the overall user experience. Our continued partnership with IIFL Finance is a testament to our shared vision of innovation and excellence."

Contact our experts for more information on how we can help you with web and mobile app development.