Bangalore, Mar 18 (ANI/Business Wire India): Cranes Software International Ltd. (Cranes Software), a company that provides enterprise statistical analytics and engineering simulation software products and solutions across the globe, today announced the bagging of BR.net order from L and T Finance Ltd., a wholly owned subsidiary of Larsen and Toubro that provides financial products and services for trade, industry and agriculture.
BR.net is a high-end sophisticated web based comprehensive banking solution specifically catering to the needs of non-banking financial companies (NBFC) and Microfinance Institutions (MFI).
BR.net is developed from a decade long experience of working closely with MFIs and Financial Institutions. A robust and scalable solution, BR.net is highly parameterized to support varied nature of operations in microfinance across the globe. Developed to offer power and flexibility, this feature-rich solution enables an organization to achieve increased productivity, better operational efficiency and improved customer service. BR.net is a special offering from Cranes Software in partnership with Craft Silicon.
Citing as natural extension to their agri-loans, L and T Finance Limited identified Microfinance as yet another segment and selected BR.net for their microfinance operations initiative.
"L and T Finance was looking for a web enabled microfinance lending solution, capable of supporting multi branch, multi location operations and quick scalability and a vendor and implementation partner with an established track record. BR.net, offered by Cranes Software in partnership with Craft Silicon seemed to fit the requirement perfectly" said N. Suryanarayanan, Head Corporate IT - L and T Finance Limited (LTF). (ANI)