Novel Overview

Novel is a banking systems software that offers a suite of tools designed to improve the efficiency and functionality of financial institutions. Novel allows banks and credit unions to streamline their operations, from core banking services to customer account management. The software includes features for transaction processing, account reconciliation, loan management, and compliance reporting, helping financial institutions meet regulatory requirements and maintain accurate financial records. Novel’s secure, cloud-based platform ensures that sensitive customer data is protected while allowing authorized users to access information from anywhere. The software’s user-friendly interface and scalability make it suitable for financial institutions of all sizes. With its automation capabilities and robust reporting tools, Novel helps financial institutions enhance operational efficiency, reduce costs, and improve customer satisfaction.

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Contact Details

  • Vendor Name Novel
  • Founded
  • Location United States

Support

  • Email Email
  • Chat Chat
  • FAQs/Forum FAQs/Forum

Training

  • Videos Videos

Licensing & Deployment

  • Proprietary Proprietary
  • Cloud Hosted Cloud Hosted
  • Web-Based Web-Based

Typical Customers

  • Self-Employed Self-Employed
  • Small-Business Small-Business
  • Midsize-Business Midsize-Business

Languages Supported

English


Industries

Banking, Financial Services

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Novel Features

  • Arrow Icon Credit Card Management
  • Arrow Icon Reporting & Statistics
  • Arrow Icon Multi-Currency
  • Arrow Icon Customer Experience Management
  • Arrow Icon Corporate Banking
  • Arrow Icon Compliance Tracking
  • Arrow Icon Transaction History
  • Arrow Icon Real Time Monitoring
  • Arrow Icon Retail Banking
  • Arrow Icon Multi-Branch
  • Arrow Icon Compliance Management
  • Arrow Icon Audit Management
  • Arrow Icon Investment Banking
  • Arrow Icon Secure Login
  • Arrow Icon Contact Database
  • Arrow Icon Electronic Payments
  • Arrow Icon Document Storage
  • Arrow Icon Securities Management
  • Arrow Icon User Management
  • Arrow Icon Financial Management
  • Arrow Icon Transaction Monitoring
  • Arrow Icon Private Banking
  • Arrow Icon Accounting
  • Arrow Icon Lending Management
  • Arrow Icon ATM Management
  • Arrow Icon Fraud Detection
  • Arrow Icon Risk Management
  • Arrow Icon Compliance Management
  • Arrow Icon Financial Analysis
  • Arrow Icon Billing & Invoicing
  • Arrow Icon Customer Engagement
  • Arrow Icon Electronic Payments
  • Arrow Icon CRM
  • Arrow Icon Forecasting
  • Arrow Icon Transaction Monitoring
  • Arrow Icon Financial Management
  • Arrow Icon Performance Management
  • Arrow Icon Reporting/Analytics
  • Arrow Icon For Financial Institutions
  • Arrow Icon Asset Lifecycle Management

Novel Pricing

Pricing Type

  • Pricing Type Per Feature

Preferred Currency

  • USD ($) USD ($)

Free Trial

  • Free Trial Available

Free Version

  • Yes Yes

Payment Frequency

  • Monthly Subscription Monthly Subscription

Plans & Packages

Basic

$49 Per Feature

Novel FAQs

Novel is a banking systems software that offers a suite of tools designed to improve the efficiency and functionality of financial institutions. Novel allows banks and credit unions to streamline their operations, from core banking services to customer account management. The software includes features for transaction processing, account reconciliation, loan management, and compliance reporting, helping financial institutions meet regulatory requirements and maintain accurate financial records. Novel’s secure, cloud-based platform ensures that sensitive customer data is protected while allowing authorized users to access information from anywhere. The software’s user-friendly interface and scalability make it suitable for financial institutions of all sizes. With its automation capabilities and robust reporting tools, Novel helps financial institutions enhance operational efficiency, reduce costs, and improve customer satisfaction.

  • Yes, Novel offers a free version.

  • Yes, Novel offers a free trial.

  • No, Credit Card details are not required for the Novel trial.

  • Novel offers the following pricing plans & packages:

    Basic

    $49 Per Feature

  • Novel supports the following payment frequencies:

    • Monthly Subscription

  • No, Novel does not offer an API.

  • Novel offers support with the following options:
    • Email , Chat , FAQs/Forum

  • Novel offers training with the following options:
    • Videos

  • Novel supports the following languages:
    • English

  • Following are the typical users of the Novel:
    • Self-Employed , Small-Business , Midsize-Business

  • Novel supports the following deployment:
    • Cloud Hosted

  • Novel supports the following devices and operating systems:
    • Web-Based