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©2019 by Ryzn Enterprise Systems Inc.  All rights reserved.

CASE STUDY:
AUTO CONSUMER LOAN

Numerous shortcomings from an existing auto dealer software

Client Profile
Sub-prime lender of automotive retail title loans

Client Location, Areas Served
South West United States serving selected U.S. states

Conversion From
Complete change over from auto dealer specific software.

Problems to Resolve
The previous auto loan software was designed for dealer sales and inventory management and was not specific to vehicle finance. As a result, there were numerous shortcomings:

✓ Posting calculation errors
✓ No live amortization schedule
✓ No residual interest or short payment tracking
✓ No interest income accrual
✓ Minimal loan and vehicle asset detail
✓ No ability to post principal only payments
✓ No ability to report to credit bureau
✓ Hold back to future growth potential


Ryznware™ Results and Benefits

✓ Credit Bureau reporting
✓ Late fee, NSF and Repossession rules by state jurisdiction
✓ Vehicle Title, Insurance and Valuation tracking
✓ Repossession and Auction activity tracking
✓ Collection and Legal/In Court tracking
✓ Delinquency tracking
✓ Ability to take on more loan contracts and expand the portfolio