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Welcome to NeoQuant Solution Pvt. Ltd.

Financial Services

Neo Sentinel

One unified platform to create, approve, and track all types of approvals.

52k+

Requests made within 3 months

Within 3 months, Neo Sentinel saw 52k+ requests being made, with approximately 42k+ requests being approved, and the rest rejected or queried.

Employees adopted the system

Upon implementation of Neo Sentinel, 17k+ employees adopted the system across 157 different departments and areas of work with an average of 300+ daily user login.

Manual approvals eliminated

The manual approval processes were quickly eliminated, and the digitized approval process significantly improved the turnaround time and decision-making.

Client Overview

The client is a leading financial organization with over 1000+ offices and 25000 employees, offering multiple financial services like loans, insurance and investments.

The Opportunity

Previous approval processes were slow and inefficient, especially for multi-level requests like loan applications. Traditional methods like long email threads, hardcopy circulation, and manual follow-ups led to delays, poor visibility, and difficulty maintaining audit logs, ultimately affecting the turnaround time and process integrity.

Our Approach

The goal was to develop a solution with faster turnaround time, while also taking into account the large quantity of requests considering the size of the organization. We also aimed at eliminating the manual processes and digitize the entire approval system for the client, to maintain records more efficiently.

What We Built Together

NeoQuant implemented “Neo Sentinel”, our unified platform to create, approve, and track all types of approvals. With SSO-based login, users could manage approvals end-to-end from a single dashboard. Features like approval history, timelines, and in-app queries ensure transparency, integrity, and a complete audit trail.

Solution Components

The features that make approvals simple, controlled and auditable.

Simple and Accessible UI

  • Dashboard to navigate requests in various stages easily
  • Designed for all departments and all levels to use it without hassle
  • Simplified UI and ease of creating Approval Request

Maker-checker Workflow

  • Maker-checker workflow where a maker initiates an approval and approver approves / rejects it
  • Multiple approvers can sequentially take action on single approval with configurable number of approvers, who can also add queries/comments

Audit Features for Tracking

  • Timeline feature allows tracking the approvals efficiently & approval history has timestamps of each action on approval making it easier for audit teams to backtrack the approvals
Technology Used
Architecture 3 tier Architecture
Frontend Angular
Database PostgreSQL
Business Impact
52k+
Requests made within 3 months

Within 3 months, Neo Sentinel saw 52k+ requests being made, with approximately 42k+ requests being approved, and the rest rejected or queried.

Employees adopted the system

Upon implementation of Neo Sentinel, 17k+ employees adopted the system across 157 different departments and areas of work with an average of 300+ daily user login.

Manual approvals eliminated

The manual approval processes were quickly eliminated, and the digitized approval process significantly improved the turnaround time and decision-making.

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