Wholesale finance and loan administration solution for you to successfully catch up with the Cars-as-a-Service trend
Empower Your Dealers with the Wholesale Management Solution
- Management of the full lifecycle of wholesale finance activities from dealer assessment to Trust Receipt settlement and termination
- Configurable workflows that wrap around your existing business processes
- Flexible credit limits to accommodate different client needs
- Interest-free period options for more customer-oriented services
- Reports to give the insights needed to manage your inventory and floor plan funding
- Integration with General Ledger and other required systems or modules
Get ready for vehicle leasing industry changes with an adaptable and flexible solution
The leasing a vehicle industry faces challenging changes: the emerging Cars-as-a-Service business model makes companies move from traditional asset-oriented, long-term loans and commitments towards flexible, subscription-oriented mobility solutions with full-service operating leases.
SOFT4Wholesale solution enables dealer network and supply chain management to promote sales of a particular brand and business growth within the channel by automating and managing the entire lifecycle of inventory finance.
This thorough Wholesale Finance and Loan Administration solution is flexible and adaptable regarding your business model and allows your business to offer more customer-oriented services.
Process flow in SOFT4Wholesale solution
Define floorplan funding products
Dealer assessment and credit limit management
Support for three-party process Distributor- Funder-Dealer
Interface to Distributor/Supplier system
Process Purchase orders and supplier invoices
Manage Distributor/Supplier payables
Manage Dealer receivables
Support for Manufacturer subsidies (subventions), aka “Free-floor-plan periods.”
Interest calculation and billing to Dealer and/or Distributor/Supplier
Settlement on asset sale (when a financed asset goes off stock)
Detect Due-in-Full events (e.g., „Retail Contra“, Warranty registration)
Dealer Stock audit functions.
Curtailment agreements
The early-settlement rebate and other incentives to the dealer to move the asset.
Stock transfer (from dealer to dealer)
Periodic Dealer credit limit reviews
One solution for all your leasing needs
From the Quote to Contract Termination. Lease accounting, lease management and financial accounting – all in one place.