FAQs

What is Flex?

Flex is an instant cloud-based calculation engine used for Penny-accurate calculations for different services and products.

Is Flex a Saas based?

Flex is a pure instant Saas-based calculation engine for out-of-the-box integration into your ecosystem.

How far Flex ecosystem is beneficial?

Flex creates an ecosystem of value across multiple functions, systems and industries to fuel growth and propel you into the future by increasing delivery efficiency and product management.

How does Flex help to improve process?

With native integrations possible, Flex can become a scalable, adaptable and an end to end solution across all systems and industries. Flex ensures business continuity with round the clock responses to calculation requests.

How beneficial is Flex as a product?

Deployed on cloud, Flex is a swift, precise, interoperable and a technology independent solution designed to secure your technology stack for the future.

How does Flex help to customers?

Flex provides superior calculation capabilities integrated with a custom front end to ensure a top notch customer experience.

Which industries Flex covers under its umbrella?

Flex caters to industries like real estate, credit analysts, leasing and finance, digital retail operations, automotive dealership, investment banks and sales campaigns.

What are stages of the contract life cycle?

We can categorize contract life cycle of Flex in five stages i.e. initiation, contract booking, in-life modification, early settlement and end of term.

Is Flex free?

Trial version of Flex is free for specific number of days and/or number of transactions.

Can I get consultation?

Yes, you can schedule a free consultation demo of flex.

Do customers have the option to choose subscription pricing model?

Yes, Flex offers flexible pricing options. Customers have the choice to opt for subscription based pricing based on their requirements.

What is Playground?

Flex playground is calculation engine for the credit industry's financial calculations needs.

What types of calculations are performed on Playground?

Flex playground facilitates loan and lease initiation, rental and repayment plan, contract booking, in life modifications and end of term calculations to meet customer's needs.

Does Flex cater irregular payments in calculations?

Yes, user can input irregular payment slabs where and when required. Moreover, user can define type (structured, interest only, auto or zero) of irregular payments in addition to start term, end term and amount.

How does Flex carry out tax management?

Yes, Flex facilitates comprehensive tax management. User can include or exclude tax while performing calculations. In addition to entering tax rate user can also select rental component (rental, interest or principal) on which tax is applicable.