Streebo Helps Adarsh Credit Co-op Society Drive Large Scale Financial Inclusion Through Successful Rolling out of Digital Transformation Initiatives
As per Adarsh team, more than 100,000 advisors use this app actively to help their members with gamut of transactions. Adarsh show a sharp rise in their members adopting the chatbots and app to 15% (of the registered users), which led to 60% increase in ‘intra-day transactional revenue’ through the mobile apps.
- (1888PressRelease) August 01, 2018 - Streebo, a global leader in providing digital transformation solutions partnered with Adarsh Credit Co-Operative Society in rolling out Adarsh Money mobile apps for their members and advisors and added chatbot interfaces to facilitate conversational commerce.
With a mission to uplift the weaker sections of the society from the rural areas of the country, Adarsh with their Adarsh Money apps has taken the branch to the customer's doorstep. The intuitive user interface of the apps, wide range of transactions they offer and tailormade chatbot interface have helped Adarsh in driving the adoption and hence increasing i customer base and digital revenue.
Built using Streebo’s revolutionary Drag-and-Drop application development platform - DX Accelerator, Adarsh could roll-out both the applications in just 4 months, cutting the estimated app development time into half. Both the applications let their users access their credit accounts, transfer funds and, pay utility bills via a sleek user interface with minimalistic design and intuitive navigation.
Available across iOS and Android platforms, these apps feature, an intuitive Chatbot (Allowing users to interact and transact via Facebook™ Messenger), Multi-factor authentication (With Touch-ID Access), eKYC and Mobile Wallet. Complex integration to SAP Core Banking System, UPI Gateway and 3rd party apps such as; Travel bookings and Utility Services made easy with Streebo DX Accelerator’s unique ‘Point and Click Interface’.
This digital leap helped Adarsh credit co-operative society get their entire business on a mobile application. There was a steady surge in mobile app users after app upgrade. The transformation from paper-based processes to app-based paperless processes reduced the operational costs by 25%, adding it to the net profit.
About Adarsh Credit Co-Operative Society - Truly a credit co-operative society in every sense, Adarsh started its operations in the year 1999 as a co-operative society primarily catering to the local masses in Rajasthan who came majorly from an agricultural background. They take pride in powering India’s cooperative movement by leading ‘financial inclusion’ with more than 800 branches, 2 million members, and 3 lakh advisors.
About Streebo Inc - Headquartered in Houston, TX with offices across the Americas, UAE, and Asia, Streebo Inc. is an IBM Gold Business Partner and provider of Digital Transformation solutions to some of the world’s leading enterprises. Powered by their Low Code, Drag-and-Drop platform – DX Accelerator, and packed with AI capabilities, Streebo’s industry and domain-specific solutions help enterprises extend world-class, digital experience to their customers, employees, and partners.
For more information read here: https://www.streebo.com/pressreleases/streebo-helps-adarsh-credit-co-op-society-drive-large-scale-financial-inclusion-through-successful-rolling-out-of-digital-transformation-initiatives
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