Webinar: Driving Customer Value and Innovation for Asset Finance with OFSLL

The consumer and asset financing industry is in the midst of a paradigm shift, courtesy the growing influence of Information Technology. Traditional screening, origination, servicing, and collection processes have evolved with automated credit scoring, underwriting and loan processing. With growing market complexity and competitiveness, lending institutions now need comprehensive, unified solutions that can manage processes across products and business units, while delivering accurate, actionable information from a single data source.

SMEs from Profinch, Oracle Financial Services, VIP Apps Consulting and Kubota Credit Corporation came together to discuss how organizations can strengthen their asset finance business to drive more customer value and innovation.

The webinar also delved into how Oracle’s Financial Services Lending and Leasing (OFSLL) solution can help create a distinct edge for Asset Finance players. The Oracle Financial Services Lending and Leasing solution focuses on providing a superior experience to the customer and the financial institution through its comprehensive and unified solution. It provides end-to-end capabilities, from origination into servicing and through collections. It offers unparalleled functional coverage as well as the ability to leverage all enterprise data to help make the right product offers and finance decisions. It enables the business with predefined processes and a world-class framework to support all risk and compliance needs.

Key Benefits:
•Pricing based on credit policies and risk
•Seamless transition across channels
•Compatibility with credit bureau, valuation guides and other standard interfaces
•Paperless workflow with dynamic work queues that can be tracked, analyzed, and audited
•Comprehensive relationship view across all financial products for cross selling
•Quicker adaption to changing business environment
•Improved collection strategies for lower delinquencies and losses
•EBR support enables online application upgrade with uninterrupted availability of the application

Webinar Panelists:

• Daypesh Patel, Managing Director - VIP Apps Consulting Limited
• Unmesh Pai, Senior Director - Global Strategy, Product Management & Engineering/Development - Lending & Leasing and Financial Services Cloud at Oracle
• Jeff Parham, Lead Solution Architect (Lending & Leasing) at Oracle, United Kingdom
•Tyler Wilhite, Director - Product Management and Analytics at Kubota Credit Corporation, USA