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WHAT eFINANCE CAN DO FOR YOUR BUSINESS

The IdenTrust eFinance Credit Automation System (CAS) enables enterprises to accurately understand the financial soundness of their customers and suppliers, optimize collections efforts through automation and identification of high priority accounts thereby reducing days sales outstanding (DSO), and reduce write-offs by automating Lien filing notifications to minimize loss of Lien rights. eFinance provides technology solutions in SAAS model that deliver comprehensive credit analysis and financial evaluations. Companies deploy the CAS to gain a deeper understanding of their customers and translate that knowledge into more effective sales, marketing and financing programs.

View eFinance Data Sheet

Increased Sales
Increased transaction closing rate through real-time credit decisioning
Increased capacity by processing more transactions with existing resources
Increased sales-force productivity by targeting high quality credits
Higher approval rates through risk adjusted pricing
Accelerate delivery of final credit decisions within minutes

Decreased Operating Costs
Reduced underwriting costs through workflow automation
Decreased amount of time/resources spent doing redundant data entry
Decreased amount of duplicate information stored
Decreased telecommunication cost of processing and tracking accounts
Decreased unit cost per approval by optimizing data

Reduced Bad Debt and Write-offs
Optimized Collections process
Improved Lien filing process to minimize write-offs
Enhanced Credit monitoring and early warning fraud detection
Improved decisioning process by targeting high-risk collection accounts
Improved scorecard management
Increased underwriting - consistency

KEY FEATURES KEY BENEFITS
Hosted Application -
CAS is offered as Software as a Service application
Delivers customized look and feel
Standard Browser and Internet access is all you need
Intuitive user interface
High degree of configuration flexibility at the end user level
Dynamic application process
Rich reporting features
No separate hardware and software cost
Anywhere and any time access via the web
Readily available interfaces to integrate with backend systems
Out of the box access to several leading credit data providers across the globe
Better manage application pipeline and focus on high priority transactions
Credit Automation
Supports customer’s individual approach to credit
Supports real-time credit decisioning
Accommodates full range of information needed for credit decisions
Offers real-time scorecard adjustments
Multiple, customized scorecards
Increase credit decision turn around time thereby improving customer satisfaction and increasing sales
Centralize customer control of credit
Review portfolio to optimize credit exposures
Deliver consistent decisions and regulate risk
Incorporate payment history data into credit evaluation
Streamline Sales and Credit department interactions
Collections
Customized collection prioritization process
Centralized control of collections activities
Generate automated follow up dates
Accelerate tasks
Optimize collections efforts through automation and identification of highpriority accounts thereby reducing DSO
Use different strategies for different segments - tracking, actions, etc.
Efficient tracking of Account Receivables
Prioritize work list for users and manage workload efficiently
Lien Processing
Track State filing requirements and deadlines in accordance with the statutes of 50 US states
Lien Exclusion Filters
Tracking status of invoices
Jobsite address standardization
Reduce write-offs by automating Lien filing notifications to minimize loss of lien rights
Enhance efficiency in selectively notifying customers with poor payment track record
Improve productivity by streamlining interactions with Credit and Collections departments for Lien filing
Automate lien documentation process in accordance with state requirements

Our experience with large Equipment Rental and Leasing companies, as well as with multiple other entities, has put us in a unique position in Credit Automation, Collections and Lien Tracking arena.

For more information about our eFinance solution, please contact IdenTrust at eFinanceSales@IdenTrust.com or call us at (866)IdenTrust.



RELATED CONTENT
eFinance Data Sheet
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