AllCloud Loan Management System vs Shaw Systems Spectrum
AllCloud Loan Management System
allcloud.in
Shaw Systems Spectrum
shawsystems.comSide by side
| Figure | AllCloud Loan Management System | Shaw Systems Spectrum |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 0 | 3 |
| Spec score · Loan Management Software | 7.7 (#10) | 7.9 (#7) |
| Headquarters | Hyderabad, India | Houston, Texas, United States |
| Integrations | The LMS uses an API-first architecture and can integrate with mobile apps, customer portals, and other interfaces. | The FAQ names payment processors, originations systems, dialers, omnichannel communications vendors, statement and letter printers, email services, customer portals, and DocuSign as integration use cases or partners. |
| Loan products | It supports multiple loan products, including auto, business and MSME, personal, microfinance, and gold loans, on one platform. | The system supports simple-interest loans, revolving and non-revolving credit lines, multi-stage loans and precomputed loans. |
| Security | The product page displays SOC 2 Type 2, ISO 27001, AES-256 encryption, VAPT, and AWS badges. | Shaw states it holds annually renewed SOC 1 Type II and SOC 2 Type 2 certifications, uses SSL and encryption, logs system activity, and partners with Arctic Wolf for security monitoring. |
| Support | AllCloud says it provides structured onboarding, role-based training, and ongoing support for LMS users. | Active clients can use a password-protected Solution Center, submit issues through JIRA, and call for after-hours emergency product support. |
Plans
Shaw Systems Spectrum
- Shaw$50,000, paid once
- Shaw Systems subscriptionPriced on request
- SubscriptionPriced on request
In their own words
AllCloud Loan Management System
AllCloud Loan Management System manages post-disbursement repayments, collections, accounting, and compliance for banks, NBFCs, MFIs, and digital lenders. Its servicing capabilities include EMI and interest calculations, repayment schedules, overdue tracking, collections, recovery workflows, accounting, and reconciliation. The system supports auto, business, MSME, personal, microfinance, gold, home, EV, and loan-against-property products on one platform. Lenders can handle amendments, part-prepayments, foreclosures, restructures, closures, and recalculations. It provides centralized loan and collateral document management, account statements, certificates, and reporting tools. Borrower alerts can be sent by SMS, WhatsApp, email, or app notifications, and the API-first architecture can connect to mobile apps and customer portals. AllCloud describes the system as multi-tenant SaaS, with dedicated deployment as an option. The vendor says it maintains RBI-aligned audit trails, transaction logs, compliance MIS, and CIC and regulatory reporting support. Pricing is on request.
Shaw Systems Spectrum
Shaw Systems Spectrum has no write-up on Specifiction yet; its figures are above.