Solution – the Auto Finance Comprehensive Solution

Auto finance providers offer a range of services, from credit applications to payments and fund transfer, and these processes are currently supported by Human Resources, Financial Reporting and Accounting. Atos Syntel is an established leader in IT solutions and services and can help you align these processes with your business objective of scalability and cost management.

As auto financial institutions seek to extend their geographical spread, they are faced with the difficulty of handling multiple dealers across locations, and the laws and regulations governing each location. In a bid to increase operational efficiency, they are investing in emerging technology, but this improved IT landscape comes with a few challenges:• A complex IT infrastructure• Higher cost of ownership

• Unrealized tangible ROI from technology investmentsAuto financial institutions are unable to dedicate time and resources to resolve these challenges. In this scenario, it is crucial to choose a skilled and capable technology partner who can focus on your business and technical needs.

Reengineered Applications and Real-time Dashboards with Atos Syntel’s One-Stop Auto Finance Solution

KEY FEATURES OF THE SOLUTION

• Business ProcessManagement (BPM)methodology, to streamlineprocesses

• Enterprise ArchitectureInterface (EAI), to enhancegeo-specific processesand portals

• Business Intelligence(BI) analytics, to align datawarehouses and simplifydata

• Multi channel integrationof services throughcontact centers, onlinebanking portals and mobiletechnology

• Atos Syntel’s dedicated BIAnalytics Center ofExcellence (CoE) fordatabase migration andenhancement

Auto Finance Domain Span

Consumer &Commercial

Credit

DealerFinancing

Remarketing/Collections &

CustomerService

Title &Document

Management

Insurance &Banking

FinancialReporting

• Credit Application

• Lease Financing

• Funding /Disbursements

• Lease Accounting

• Inquiry / RecoveryServices

• Lease Extension &WholesaleAcquisition

• Liquadation /PaymentProcessing

• Credit Application

• Marketing /Incentives

• Funding /Disbursements

• Inventory Audit

• Vehicle FloorPlant Accounting

• Liquadation /PaymentProcessing

• Electronic FundsTransfer

• Dealer FinancialAnalysis

• Lease Extension &Termination

• Vehicle Auctions

• Hard & SoftCollections

• Repossession ofVehicles

• PaymentReceivables &Accounting

• Customer SupportServices

• Electronic FundsTransfer

• ProcessingDelinquentAccounts

• Asset InformationCapture

• SecurityRegistration

• Auction CashManagement

• Imaging, Storage,Retrieval &Destruction ofDocuments

• Title VaultsOperation

• TreasuryOperations

• WarrantyInsurance

• Physical DamageInsurance

• InsuranceAccounting(Premium Billing /EFT)

• InsuranceClaims & LossManagement

• InsuranceUnderwriting &Surety Bonds

• Credit Cards

• Electronic FundsTransfer &Payments

• ProductivityManagement

• Decision Support

• FinancialStatements

• Forecasting &Budgeting Reports

• Asset LiabilityManagement

• FundingMeasurement Tool

• Branch SalesPerformanceManagement

• Maturity ofReceivablesReporting

Support Functions: Human Resources, Financial Reporting, Accounting

Overview of Auto Finance sub processes

For more information, visit us at www.atos-syntel.net

Reengineered Applications and Real-time Dashboards with Atos Syntel’s One-Stop Auto Finance Solution

© 2018 , SYNTEL INC.

HIGHLIGHTSOFSOME SUCCESSFUL PROJECTS

Atos Syntel’s IT offering, the Auto Finance Comprehensive Solution (AFCS), explores your sub processes and technological framework, assesses your applications and analyses their impact on your business. Our hands-on experience in the auto finance industry proves instrumental in this offering, which includes highlights like seamless process alignment using BPM techniques, and strategic process reengineering through our strong IT expertise.

Prime Functional AreasApplication DV/

MaintenanceApplication

Support

Business Analysis & Consulting

Testing

Contract Origination

Contract Management

Contract Management (recurring)

Remarketing

Collections

Account Origination

Customer Service/CRM

Dealer Relationship Management

Account Termination

Dealer Performance & Controlling

Claims

Atos Syntel’s domain knowledge and expertise

Business Benefits

• Cost savings and reduction in time and manual efforts, with gap-analysis and closure• Business process reengineering, using innovative business rules• Process modeling using industry best tools and techniques to optimize business processes and

stakeholder communication• Real-time dashboards for updating decision-makers on the go

• Crafting solutionfor Forbes Top 10companies in automotiveand financial servicesdomain

• ADM of an applicationsystem, which maintainsdetails of dealeraccounts, payments,inventories, billing andinsurance, and generatesregular reports fordealers

• ADM and testing for aloan origination system,which rates customersrequesting for acommercial vehicle loan,based on their credithistory and/or paymenthistory

• ADM of a wholesalecredit system for autodealers, where they canbuy vehicles in bulk andpay the amount at theirconvenience

• ADM of a remarketingsystem that handles theentire portfolio of clientaccounts for U.S. andCanada