CHP Consulting

ALFA Systems Overview

ALFA Systems, CHP's enterprise solution for the asset finance industry, provides best-in-class support for Asset Finance and Automotive Finance.

ALFA's modular architecture means that it can be tailored to any asset finance organization's needs.

  1. Proposal

    Point of sale web quotation capability, fully integrated with the ALFA asset finance package

    Key Benefits

    1. Multiple channels.
    2. Integrated pricing.
    3. Real time decisions.
  2. Proposal

    New business workflow system to support the processing of new business from initial proposal through to activation of live agreements, providing enhanced inquiry and document management functionality to support the decision process

    Key Benefits

    1. Workflow driven.
    2. Flexible authorization.
    3. Sales channel visibility.
  3. Credit

    Successful underwriting relies on bringing the right data together from within your organization and beyond. Supported by configurable workflow, ALFA enables efficient and effective credit decisions.

    Key Benefits

    1. Process Ownership.
    2. Policy Automation.
    3. Decision Transparency.
  4. Product
    & Dealer

    ALFA lets you manage all aspects of your dealer relationships, from specifying products and add-ons to paying bonuses and commissions.

    Key Benefits

    1. Process Efficiency.
    2. Financial Accuracy.
    3. Product Range.
  5. Supplier

    Managing asset acquisition and supplier performance from order to delivery.

    Key Benefits

    1. Payment control.
    2. Multi currency support.
    3. Integrated order management.
  6. Wholesale

    ALFA’s Wholesale module enables the sophisticated end-to-end business processes that surround unit stocking, wholesale and floorplan finance to be delivered seamlessly to all parties.

    Key Benefits

    1. Self service.
    2. Single asset view.
    3. Functional depth.
  1. Asset

    Asset management in ALFA provides end-to-end asset lifecycle support, from specification to disposal.

    Key Benefits

    1. Whole-life profitability.
    2. Operational efficiency.
    3. Understand your assets.
  2. Customer
    & Contract

    ALFA provides total support for the administration of your portfolio, managing business processes and enhancing customer satisfaction levels through improved automation, flexibility and usability.

    Key Benefits

    1. Improved customer service.
    2. Simplify key transactions.
    3. Flexible contract management.
    4. Complete audit trail.
  3. Document

    ALFA’s flexibility in document production allows you to achieve the greatest automation, and will match the demands of your business.

    Key Benefits

    1. Powerful templating.
    2. Automated generation.
    3. Full document history.
  4. Finance &

    Whatever the nature of the transactions processed, we view financial rigour as the first priority in an asset finance system.

    Key Benefits

    1. Fully automated.
    2. Multi-GAAP support.
    3. Bullet proof financials.
  5. Collections

    ALFA supports all aspects of the collections lifecycle, from arrears identification to termination and repossession, and includes comprehensive workflow support and automation of common tasks.

    Key Benefits

    1. Efficient policy enforcement.
    2. Active resource targeting.
    3. Optimize recovery values.
  6. End of Lease

    ALFA provides comprehensive and configurable end-of-term functionality for all contracts and assets.

    Key Benefits

    1. Flexible settlement methods.
    2. Enforce maturity processes.
    3. Optimize resale values.
    4. Generate new business.
  1. Business
    Rules Engine

    ALFA Business Rules Engine automates your business decisions based on your rules, allowing you total process control.

    Key Benefits

    1. Automate complex decisions.
    2. Prove the benefits.
  2. Business

    Business intelligence tools in ALFA turn business data into information and insight.

    Key Benefits

    1. Efficiency through analysis.
    2. Visualize performance.
    3. Gain deeper business insight.
  3. Workflow

    ALFA workflow integrates closely with other ALFA modules to provide powerful CRM (client relationship management) workflow and case handling for your processes.

    Key Benefits

    1. Business model support.
    2. Efficient resource utilization.
    3. Improved customer service.
    4. Continual process improvement.
  4. Multicountry

    Global businesses need global solutions. Global processing in ALFA lets you conduct your business without borders, spanning languages, currencies and accounting standards.

    Key Benefits

    1. Global processes, one system.
    2. Regulatory compliance.
  1. Web

    Written in the latest technologies, ALFA uses a web-based interface to allow for simplified deployment and integration possibilities. Empower staff, partners and customers with an intuitive, highly customizable user interface.

    Key Benefits

    1. 100% web.
    2. Easy deployment.
    3. Integration.
  2. Java

    Java technologies are the most widely adopted by companies worldwide. Our Java-based platform supports customers operating portfolios of a few hundred contracts to over 10 million. ALFA’s architecture is tuned at every technology layer to deliver industry-leading performance.

    Key Benefits

    1. Adheres to technology industry standards.
    2. Runs reliably on all key operating systems.
    3. Independently proven for performance and scalability.

Business Rules Engine

ALFA Business Rules Engine automates your business decisions based on your rules, allowing you total process control.

ALFA’s Business Rules Engine uses a visual editor to give you the power to define and refine business logic directly, without outside intervention.

The flowchart-style representation provides greater transparency, and every step in a business process is represented. The business can see, own, and trust what is happening in the system, while funding partners, regulators, and rating agencies are reassured that all processes are both documented and maintained. Full audit trails are also created whenever a change takes place, including what has changed, and by whom.

In all areas, from new business validation and credit evaluation to collections management, the Business Rules Engine helps you achieve peak process performance by applying automatic rules in logic-intensive areas of asset finance - ensuring greater efficiency and repeatable, consistent decisions, and allowing more effective use of key resources.

The ability to understand and test the impact of change is vital. Specialist ‘What If?’ functionality allows you to test the effect of a rule change before it is deployed, using historical, real data - and thus reduces the risk associated with business change.

Running stand-alone, or combined with ALFA’s class-leading workflow capability, it allows organizations to work in the way that suits them best.  A single BRE can also be interfaced across multiple information sources to create a single business rule management methodology; for example, incorporating information from external credit or fraud databases.

Key Benefits

  1. 1 Automate complex decisions.

    Generate repeatable, consistent results from your rules.

  2. 2 Prove the benefits.

    "What If" analysis functionality allows you to visualize the impact of a change; before committing to using it.

Client Quotes

The solution provides significant analytical capabilities that allow ING Lease UK to react quickly and confidently to the changing market conditions, and gives us the capability to provide bespoke processing options across the whole leasing lifecycle within ALFA.

Chris Stamper, CEO of ING Lease UK