|
26-Jan-05
The emergence of the ASP model and Internet technology makes it
easier to deliver Daybreak on a cost-effective basis to financial institutions.
Daybreak Promises Faster Processing, Better Productivity
New York, January 26 2005, SuperSolutions Corporation, an i-flex
solutions company, today announced that U.S. Auto Credit, an indirect auto
lender servicing more than 500 dealers in the Southeastern United States, is
replacing its combined manual front end origination and back end, DOS-based
collection system with SuperSolutions’ comprehensive Daybreak Lending Suite™.
The Daybreak Lending Suite™ is expected to go live in the
summer of 2005. It will provide U.S. Auto Credit with a single, end-to-end,
Web-based system for loan originations, servicing and collections, and the
efficiency needed for the company to grow in its current markets and to expand
to other markets as well.
With its legacy system, U.S. Auto Credit takes credit
applications via fax, and then manually enters the information into a credit
scoring system. If the application is approved, the information has to be
entered again into the DOS-based loan servicing and collection system. With
Daybreak Lending Suite™ information will only need to be entered once which
removes the chance of error inherent in the re-entry of data and eliminates the
time involved in manually moving information from system to system. By using a
single system U.S. Auto Credit will also avoid integration conflicts that can
occur when attempting to attach a new front-end Web-based system to an older
legacy system. Daybreak Lending Suite™ provides a customer-facing solution
through online, real-time software that provides up-to-the-minute loan
information and processing, as well as data integration and workflow
automation.
“Daybreak Lending Suite™ provides us with the cost-effective
system we need to continue to grow our business,” said Jeff Curry, president of
U.S. Auto Credit. “With Daybreak’s end-to-end solution we will be able to
process more loans in less time and improve customer satisfaction levels as
well”.
“U.S. Auto Credit is a premier indirect auto lender in the
Southeastern United States,” said Sajal Mukherjee, CEO, SuperSolutions. “With
the efficiencies provided through Daybreak Lending Suite™, they will be able to
continue to grow their market share”.
About U.S. auto credit
U.S. Auto Credit is headquartered in Jacksonville, Florida, and is a division
of the Scott McRae Automotive Group - one of the top 100 automotive groups in
the United States. U.S. Auto Credit is an indirect sub-prime automotive lender
which has been in business since 1988 offering flexible financing to non-prime
customers for the Scott-McRae dealerships as well as franchised and other
independent dealerships.
About i-flex solutions
i-flex solutions (Reuters: IFLX.BO & IFLX.NS) is a world leader in
providing IT solutions to the financial services industry. i-flex has serviced
over 500 customers in more than 105 countries. i-flex's range of products and
customized services enable financial institutions to cut costs, respond rapidly
to market needs, enhance customer service levels and mitigate risk. i-flex's
portfolio of offerings comprise FLEXCUBE, a complete product suite for retail,
consumer, corporate, investment and internet banking, asset management, and
investor servicing. Since its launch in 1997, more than 200 financial
institutions in over 90 countries have chosen FLEXCUBE.
About supersolutions corporation
Based in Eden Prairie, Minn., SuperSolutions Corporation, an i-flex solutions
company, offers a comprehensive consumer lending system, Daybreak Lending
Suite, that automates all aspects of financing, from origination to servicing
and collections. The fully web-enabled application is scalable,
user-configurable and user-friendly. With Daybreak, finance companies and banks
become more efficient and cost effective with the management of consumer loans,
including those for automobiles, recreational vehicles, boats, motorcycles,
home improvement, home equity lines of credit and other specialty finance
requests. For more information, visit
www.supersolution.com
E-mail: sales@supersolution.com,
Phone: 800-320-2125.
i-flex and FLEXCUBE are registered trademarks of i-flex
solutions. Daybreak is a trademark of i-flex solutions and is registered in
several countries. All company and product names are trademarks of the
respective companies with which they are associated.
For more information on this release contact:
NORTH AMERICA
Penney Richardson
i-flex solutions
Phone: +1-415-7718106
Fax: +1-415-4922810
Email: penney.richardson@iflexsolutions.com
INDIA
Eapen Thomas
i-flex solutions
Phone: +91-22-2823 5190, ext. 5132
Fax: +91-22-2836 3140
E-mail: eapen.thomas@iflexsolutions.com
EUROPE
Sunil Robert
i-flex solutions
Phone: +44-207-5314424
Mobile: +44-7834461271
Email: Sunil.robert@iflexsolutions.com
INDIA/APAC
Parvez Ahmad / Ramya B S
i-flex solutions
Phone: +91-80-2208 3000 or 5759 3000, ext. 7515/7294
Fax: +91-80-5666 5271
E-mail: parvez.ahmad@iflexsolutions.com
|