Leasing and finance companies: the TOP 3 challenges and their solutions

We will help you overcome these challenges and improve your productivity, competitiveness, and economic success.

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1) How do I quickly find out the real status of lease agreements?

To quickly and effectively handle customer requests, it is crucial to have an overview of your portfolio, especially the status of offers and leasing contracts. It is essential to closely monitor compliance with contractual terms and ensure timely payments. However, without a quality information system, searching and checking this data is time-consuming and complicated. 

 

To quickly and effectively handle customer requests, it is crucial to have an overview of your portfolio, especially the status of offers and leasing contracts. It is essential to closely monitor compliance with contractual terms and ensure timely payments. However, without a quality information system, searching and checking this data is time-consuming and complicated. 

 

Issue

  • Learning up-to-date information and status of lease agreements is laborious and takes up a lot of valuable time.
  • Without comprehensive information, you are unable to reliably say what state an offer or lease agreement is in. You don't know what their profitability is or whether the customer is complying with the terms of the agreement.
  • You can only address issues you've discovered when there is no longer a way to eliminate their negative impact. You cannot find the necessary data in your systems.
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  • Learning up-to-date information and status of lease agreements is laborious and takes up a lot of valuable time.
  • Without comprehensive information, you are unable to reliably say what state an offer or lease agreement is in. You don't know what their profitability is or whether the customer is complying with the terms of the agreement.
  • You can only address issues you've discovered when there is no longer a way to eliminate their negative impact. You cannot find the necessary data in your systems.

Solution

  • Every agreement has its real and up-to-date equivalent in the information system.
  • From the very beginning of the trading process, you can see the status of each offer and view calculations. The lease agreement has its own main and detailed status.
  • Interlinking within OneCore allows you to look through all the important indicators of agreement performance online, including links to accounting.
  • You gain access to automated checks and campaigns for agreements that are nearing their end. The information system highlights any potential problems so that you can identify them before they can cause actual issues.
  • Every team member has a specific user environment with all the necessary information set up for them.
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  • Every agreement has its real and up-to-date equivalent in the information system.
  • From the very beginning of the trading process, you can see the status of each offer and view calculations. The lease agreement has its own main and detailed status.
  • Interlinking within OneCore allows you to look through all the important indicators of agreement performance online, including links to accounting.
  • You gain access to automated checks and campaigns for agreements that are nearing their end. The information system highlights any potential problems so that you can identify them before they can cause actual issues.
  • Every team member has a specific user environment with all the necessary information set up for them.

Result

  • You can identify the real status of your agreements quickly and easily directly in the OneCore information system.
  • You have instant access to transparent information about observance of deadlines and performance of lease agreements.
  • You are informed of potential issues ahead of time. You can thus eliminate them before they can negatively impact your work.
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  • You can identify the real status of your agreements quickly and easily directly in the OneCore information system.
  • You have instant access to transparent information about observance of deadlines and performance of lease agreements.
  • You are informed of potential issues ahead of time. You can thus eliminate them before they can negatively impact your work.

2) How to combine multiple calculations for one financing item?

The basis of success of any company is a satisfied customer. When a customer demands different variants of calculations so they can choose the right one for them, you need to have a way to oblige them and to do so as quickly as possible.

The basis of success of any company is a satisfied customer. When a customer demands different variants of calculations so they can choose the right one for them, you need to have a way to oblige them and to do so as quickly as possible.

Issue

  •  The process of preparing multiple variants of calculations is very time-consuming.
  • Preparing multiple calculations/simulations takes up a lot of the trader's time and requires them to meticulously change many input parameters for the calculation.
  • Customers have to wait several days for their financing options.
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  •  The process of preparing multiple variants of calculations is very time-consuming.
  • Preparing multiple calculations/simulations takes up a lot of the trader's time and requires them to meticulously change many input parameters for the calculation.
  • Customers have to wait several days for their financing options.

Solution

  • OneCore allows you to instantly perform the required calculation combinations for your customers (calculation based on vehicle price, mileage, length of the financing period, etc.).
  • By introducing multi-calculations, you can speed up the bidding process in operative leasing.
  • You can create future offers using data and experience from past agreements, thus drastically reducing the risk of mistakes and errors.
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  • OneCore allows you to instantly perform the required calculation combinations for your customers (calculation based on vehicle price, mileage, length of the financing period, etc.).
  • By introducing multi-calculations, you can speed up the bidding process in operative leasing.
  • You can create future offers using data and experience from past agreements, thus drastically reducing the risk of mistakes and errors.

Result

  • The process from assignment to preparation to sending of your offer to the customer becomes significantly faster.
  • The customer receives all calculation variants they asked for online.
  • The offer document represents your company. Customers will appreciate if your offers have a professional format and content.
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  • The process from assignment to preparation to sending of your offer to the customer becomes significantly faster.
  • The customer receives all calculation variants they asked for online.
  • The offer document represents your company. Customers will appreciate if your offers have a professional format and content.

3) How do I simplify and speed up the work of my colleagues?

Effective communication and teamwork are essential for the success of any business. If your team has to perform repetitive tasks manually, they cannot focus on more important tasks or attend to your customers.

Issue

  • Several team members have to do repeated tasks manually.
  • High error rate.
  • Important agendas are not taken care of in time, or take an enormous amount of effort to process.

Effective communication and teamwork are essential for the success of any business. If your team has to perform repetitive tasks manually, they cannot focus on more important tasks or attend to your customers.

Issue

  • Several team members have to do repeated tasks manually.
  • High error rate.
  • Important agendas are not taken care of in time, or take an enormous amount of effort to process.

Solution

  • Bulk tasks will ensure important actions in your portfolio (e.g. installment accounting) are completed on time.
  • Automatic tasks will save you time or alert you to important information in the system.
  • Guides will help you reduce the error rate.
  • You can leave the most time-consuming activities (such as agreement termination) to automated systems.

Result

  • You can start focusing on tasks you previously didn't have the time or capacity for. You can dedicate more of your time to customers.
  • Faster processing of routine agendas, which you previously had to do manually.
  • Decreased error rate in executing individual operations.
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  • Bulk tasks will ensure important actions in your portfolio (e.g. installment accounting) are completed on time.
  • Automatic tasks will save you time or alert you to important information in the system.
  • Guides will help you reduce the error rate.
  • You can leave the most time-consuming activities (such as agreement termination) to automated systems.

Result

  • You can start focusing on tasks you previously didn't have the time or capacity for. You can dedicate more of your time to customers.
  • Faster processing of routine agendas, which you previously had to do manually.
  • Decreased error rate in executing individual operations.

Want to learn more about solving one of the challenges?
We will recommend to you how to apply the solution in your company.

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Adam Hermann

Account Manager

sales.onecore@seyfor.com
+420 577 113 111

 

Seyfor, a.s.
Division OneCore
Pod Vrškem 5360
760 01 Zlín
Czech Republic

 

IN 01572377
VATIN CZ01572377

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