Dealer Finance

The needs of the wholesale automotive finance industry are diverse and increasingly complex. Finding a system that can handle the industry’s wide-ranging requirements, either commercially available or built in-house, used to be a daunting task.

Dealer Finance is FIS’ industry-specific wholesale finance solution that supports a full range of wholesale products, including:

• Dealer floor plan inventory and credit lines
• Commercial and construction loans
• Dealer cash management accounts
• In-transit inventory management

Dealer Finance’s flexible features and real-time information enable increased customer service, improved backroom productivity and increased efficiency.

Connected to the Dealer’s Experience

Dealer Finance gives dealers direct access through the Internet, providing real-time information using processes designed specifically for dealer use. Features include:

• Delivery of consolidated monthly wholesale statements, providing options for online viewing, downloading or printing
• Summary billing and payment of vehicle financing at the dealer level
• Dealer summary information, providing a single, online view of the entire wholesale and loan portfolio
• Daily online statements, providing up-to-date inventory information
• Online payments and payoffs of single units or en mass, including application of cash management funds
• Online mass-transfer processing to accommodate both dealer trades and vehicle reclassification
• Real-time status of processed transactions, including reporting of dealer EFT activity for settlement
• Mega-dealer support, allowing summary of multiple dealer locations

Operations Improvements

Dealer Finance increases the productivity of back-office and customer-service operations while enforcing appropriate controls. Efficient lending operations include:

• Online dealer access that streamlines inventory processing and reduces central-office overheads
• Automated VIN validation at the time of new inventory flooring, ensuring integrity of the receivables
• Multilevel approval processing that enables “four eyes” authorization
• Easy multitasking for analysts, with unlimited concurrent and independent application sessions
• Business process-oriented Web pages, with functions grouped and accessible from any screen
• Real-time access enabling customer service representatives to answer dealer questions in a comprehensive and accurate manner

Providing the critical link between technology and business optimization, FIS accelerates your success.