Software Alternatives & Reviews

Able VS CompassWay

Compare Able VS CompassWay and see what are their differences

Able logo Able

Seamless crypto portfolio tracking

CompassWay logo CompassWay

Elevate the efficiency of your lending operations through CompassWay's cloud-based loan management software. With advanced automation technologies, streamline loan origination, credit decision-making, and loan servicing.
  • Able Landing page
    Landing page //
    2019-07-21
  • CompassWay Products
    Products //
    2023-12-14

Refine the loan origination journey from start to finish with low-code automation, ensuring a seamless transition from application intake to fund disbursement. Automate workflows to drastically reduce manual interventions, cut down on errors and maintain a consistent flow throughout the process. Enhance efficiency through the platform's capacity for swift market response, adaptability with customizable decision-making rules, and scalability using custom components. Our innovative loan origination and servicing software caters to various financial products, including Personal Loans, Buy-Now-Pay-Later schemes, In-House Financing options, Merchant Cash Advances, and Business Loans.

Able features and specs

No features have been listed yet.

CompassWay features and specs

  • Loan Origination Software : Yes
  • Credit Decision Software: Yes
  • Loan Servicing: Yes
  • Debt Collection: Yes
  • Reporting & Analysis: Yes
  • Document Management: Yes
  • Risk Management: Yes
  • Borrower Management : Yes
  • Role -Based Access: Yes
  • Video KYC : Yes

Able videos

Able Carry Daily Backpack Review (2 Weeks of Use)

More videos:

  • Review - Able Carry Daypack Review! A killer all around bag
  • Review - Able Carry Max Backpack Review (2 Weeks of Use)

CompassWay videos

Compassway

More videos:

Category Popularity

0-100% (relative to Able and CompassWay)
Website Templates
100 100%
0% 0
Loan Management Software
0 0%
100% 100
Design Tools
100 100%
0% 0
Debt Collection
0 0%
100% 100

Questions and Answers

As answered by people managing Able and CompassWay.

How would you describe your primary audience?

CompassWay's answer:

Small traditional banks that go digital, credit unions, finance companies, e-commerce, manufacturers, healthcare in Central Europe and North Africa

Why should a person choose your product over its competitors?

CompassWay's answer:

We provide one-stop, quick rollout, zero-code platform that allows our clients to start offering or increase the efficiency of existing financial solutions to their customers.

What makes your product unique?

CompassWay's answer:

Financial institutions leveraging our platform can expedite customer acquisition and assessment, refine back-office operations, and slash operational costs. It's engineered to comprehensively manage each customer's lending journey—beginning with the application, through underwriting, to disbursement, and finally, collection—streamlining workflows and boosting efficiency across the board.

What's the story behind your product?

CompassWay's answer:

Our expertise lies in our clear definition of what we are good at. Our team consists of professional experts in financial services, software engineering, and data science who have over 20 years of experience in the financial sector, serving large organizations and regulatory bodies. We possess extensive knowledge of day-to-day financial transactions, risk management, loan servicing, and lending businesses. Our focus is on complex long-term web and mobile projects, in which we take full responsibility for the technical part, from planning a roadmap to deploying and maintaining applications.

Which are the primary technologies used for building your product?

CompassWay's answer:

REACT, NODE.JS, GRAPHQL, TYPESCRIPT, DJANGO, FASTAPI, PYTHON, ELASTICSEARCH, AWS, KUBERNETES, POSTGRESQL, MONGODB, CYPRESS

Who are some of the biggest customers of your product?

CompassWay's answer:

Optima Leasing EKO Market Bayadera Group

User comments

Share your experience with using Able and CompassWay. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare Able and CompassWay

Able Reviews

We have no reviews of Able yet.
Be the first one to post

CompassWay Reviews

  1. As a BNPL provider, we tapped into the burgeoning realm of SMEs on social media platforms like Instagram and Facebook, aiming to bolster their sales through a seamless, integrated shopping and payment experience. Recognizing the critical pain point of limited payment options contributing to high cart abandonment rates, we collaborated with CompassWay to devise a user-friendly BNPL solution tailored to our clientele. This initiative enabled merchants to effortlessly present flexible payment choices at checkout, empowering customers to purchase immediately and defer payments. Working with CompassWay was a remarkably smooth process. The customizable nature of their solution allowed for rapid deployment, operational in mere weeks, greatly exceeding our efficiency expectations.

What are some alternatives?

When comparing Able and CompassWay, you can also consider the following products

Medium - Welcome to Medium, a place to read, write, and interact with the stories that matter most to you.

AdminLTE - Web-based admin dashboard & control panel template. Highly customizable and easy to use.

Phoenixcoded Able Pro - Top Rated admin template of Able pro bootstrap 4, Angular 10, React-Redux, & Figma version of the admin template by phoenixcoded.

Bootstrap - Simple and flexible HTML, CSS, and JS for popular UI components and interactions

HyperUI - Free Tailwind CSS components that can be used in your next project. Perfect for Laravel, Rails, React, Vue and more.

Material Design for Angular - Material Design for AngularJS Apps