When the seventh annual Powersports Finance Summit takes place in October 2022, it will feature presentations, panels, and discussions regarding …
HOW THE END-TO-END LOAN SERVICE MODEL IS CHANGING FOR AUTO LENDERS
The auto financing industry is transitioning to meet the demands of its customers yet again. In the last few decades, …
END-TO-END LOAN SERVICE DEPLOYMENT IN LARGE-SCALE CLOUD INFRASTRUCTURE SIMPLIFIED
Data silos occur when one group within an organization makes its data difficult to access by others within the organization. …
IMPLEMENTING AN END-TO-END LOAN ORIGINATION & SERVICING PROCESS FOR SMOOTH WORKFLOWS
The news is good—auto lending delinquency rates are down to their lowest point, holding steady at roughly 1.51% between 2021 …
WHICH LOAN ORIGINATION AUTOMATION ACTIVITIES OFFER THE MOST OPERATIONAL VALUE?
Automation is not a new concept in the lending industry. Lenders have been using it for years to save time, …
HOW CONSUMER LOAN SERVICING CAN BE SIMPLER FOR AUTO LENDERS
With technology developing rapidly, automation and cloud-based computing are changing the way businesses work—and driving better outcomes. Innovative automation is …
AN OUTSOURCED LOAN SERVICING (BPO) TRANSITION CHECKLIST OF BEST PRACTICES TO EFFECTIVELY MANAGE A BPO CHANGE
Managed servicing (outsourced lease or loan servicing) isn’t just a case of “out of sight, out of mind.” While auto …
TOP 5 BENEFITS OF OUTSOURCING CALL CENTER SERVICES FOR AUTO FINANCE COMPANIES
Has the volume of calls and requests from your customers become overwhelming? Maybe you’ve considered establishing an in-house call center …
ESSENTIAL SERVICES OF A MANAGED SERVICING BPO BUSINESS PARTNER THAT AUTO LENDERS SHOULD CONSIDER
Many auto lenders wanting to improve the efficiency of business processes and reduce operational costs seek out a managed servicing …
HOW OUTSOURCING ACCOUNTS RECEIVABLE AND COLLECTIONS IS ADVANTAGEOUS FOR AUTO LENDERS
Unlike loan originations which has a relatively short start to finish cycle and uses automation extensively to bring consistency and …
WHY THE MANAGED SERVICING BPO VALUE PROPOSITION MATTERS MORE THAN EVER FOR AUTO LENDERS
A growing number of auto lenders are seriously evaluating managed servicing (business process outsourcing (BPO) services for lease and loan …
LOAN OUTSOURCING: BUSINESS PROCESS OPTIMIZATION FOR AUTO LENDERS
Every auto lender strives for greater efficiency and lower operating costs. Throughout the lending cycle, there are dozens of opportunities …
