In the highly competitive world of auto lending and financing, making the right credit decision as quickly as possible is the key to growth. Lenders who rely on manual origination and risk decisioning processes lack the agility to rapidly deliver pricing options that will win the business.
Provenir promotes innovation with a unified, flexible platform to manage your auto lending and financing processes. Provenir’s sophisticated automation, real-time decisioning and extensive integration capabilities make it easy to replace manual processes with instantaneous credit decisions tailored to each customer. From credit-worthy applications that can be automated from start to finish to complex requests requiring more careful analysis, Provenir orchestrates the process to offer outstanding customer experiences delivered with far greater efficiency, compliance and agility.
Choose the Provenir Solution That Best Meets Your Business Needs
Delight your customers with automated, straight-through processing for all their auto lending requests. Provenir recommends the next best action for each customer, including yes, no or referral to a credit specialist for further analysis.
Credit Risk Analytics and Decisioning
Efficiently predict risk for each loan request. Provenir automatically aggregates and enriches data, and then applies the right risk model developed in virtually any tool to the decisioning process.
KYC Compliance and Merchant Onboarding
Provenir also reduces compliance costs with orchestrated KYC and AML processes that automate data gathering and standardization, identify verification, due diligence and decisioning.
Agile Technology to Simplify Auto Lending and Financing
The Provenir solutions for auto lending and financing are built on the Provenir risk analytics and decisioning Platform, which puts the power of change into the hands of the business. Innovative, user-focused tools empower business users and IT to quickly build efficient, customer-focused lending processes.
Lifecycle Orchestration — End-to-end workflow streamlines every step in the process. The platform can automatically capture and enrich data, use existing analytic models to determine the risk profile and move the decision to the appropriate next step in the process.
Operationalized Analytics —Easy integration leverages models developed in many business analytics tools, such as SAS, R, Excel or any tool that supports PMML or MathML. Connect models to a decisioning process in minutes and without any coding, ensuring risk decisioning is always using the most up-to-date intelligence.
Simplified Integration —Integration is quick and easy with pre-built adaptors that consolidate information from virtually any data source. Capture and enrich data from enterprise and third-party systems, websites and social media for a cross-institution solution that provides all the data you need to make accurate decisions.
Agile Configuration —Configuration capabilities provide familiar visual tools to model and change user interfaces, rules and process flows, enabling business analysts to rapidly create and modify company-specific risk decisioning processes.
- Reduce time and costs with integrated origination and credit decisioning that automatically determines risk level and recommends next best action.
- Capture the dealer business with a one-stop portal for calculating multiple scenarios to determine the best opportunity.
- Reduce risk with automated decisioning that recommends specific conditions for each customer and loan.
- Improve compliance with risk models operationalized in decisioning processes.
- Achieve greater business agility with business-friendly configuration tools to create and change processes.
“WE HAVE DEEP INSIGHT INTO EVERY APPLICATION AND CONTRACT AS WE CAN INSTANTLY GET REAL-TIME INFORMATION WHENEVER WE NEED IT.”
– Jeff Lively, Senior Vice President Dealer Services at GM Financial.