24 December 2024, Chennai, India: Doqfy, a Software as a Service (SaaS) platform for contract execution, has been recently awarded at the esteemed 18th NBFC & FinTech Conclave & Awards 2024 in the category “Best Technology Provider for BFSI”.This accomplishment underscores Doqfy’s commitment to provide efficient solutions in streamlining compliance and contract management.

The NBFCs & Fintech Conclave and Awards is one of the leading events that explores various facets of technology from present to future development and its efficiency. The theme of the 18th edition of the event was “NBFCs: The Rise of Indian Economy.” It featured four panel discussions, 9+ hours of networking, insights from over 30 speakers, and participation from 150+ top executives, discussing the evolving landscape of Non-Banking Financial Companies and their collaboration with the FinTech sector.

NBFC and FinTech sectors are undergoing profound transformation driven by co-lending partnerships, and innovative financial products. NBFCs are facing a complex environment due to increased regulatory scrutiny, surge in demand for personalised financial solutions, and the need to adopt technology to drive operations. As these institutions strive to remain agile and compliant, the need for streamlined, efficient processes has increased.

Doqfy, with its expertise in contract lifecycle management (CLM) solutions addresses the industry’s critical pain points by automating traditionally time-consuming processes like document creation, negotiation, execution, and compliance management. Doqfy enables NBFCs to focus on their core mission of financial empowerment. Its seamless e-signature integration, robust compliance tools, and analytics capabilities help institutions mitigate risks, enhance decision-making, and scale operations. In a rapidly digitising market, Doqfy proves to be a vital partner for NBFCs and FinTechs, enabling them to navigate the evolving landscape with efficiency and transparency.

Mr. Aditya Pandranki, Founder and CEO said, “The BFSI sector contributes nearly one-third of India’s GDP. The growth of the country is closely tied to the growth of this sector. Doqfy’s innovative product solutions have been created to aid and even accelerate this vital sector’s growth. This award validates that Doqfy is achieving these goals. We’re already working with other sectors such as legal practice, real estate, IT, etc., with the same goals in mind.”