ALFA for Equipment Finance
Our customers use ALFA every day to manage the finance on hundreds of thousands of live equipment assets, ranging from small-ticket wheeled assets to multi-million dollar printing presses and industrial equipment.
Effective business-to-business transactions require a system that supports the entire asset lifecycle efficiently:
- Contact management and prospecting
- Proposal structuring, pricing, and asset specification
- Commercially-focused credit decision support
- Asset procurement, activation, and funding
- In-life CRM, transaction management, reschedule, event management, asset management
- Asset termination and disposal
Flexible product support, value-added products, and income stream options maximize your revenues and guarantee ALFA as your equipment finance solution.
Exploiting these tools, ALFA enables finance companies to offer optimum customer satisfaction with enhanced efficiency.
References
"I am continually impressed by CHP's in-depth industry knowledge, IT expertise and understanding of current issues."Ian Veitch, Deputy Managing Director, Lloyds TSB Scottish Asset Finance
Workflow Integration
Front Office
-
Sales Support
- Marketing/Prospecting
- Contact Management
- Document Production
- Salesperson Diary
-
Quotations
- Web-based Point of Sale Solution
- Field Sales Solution
- Intermediary Management
- Rule-Based Products
- VAP Support
- Commission & brokerage Calculations
- Asset Classification
- Quotation/Proposal Tracking
- Communication Channels
- Cash-Flow Calculation
- Financial Modeling
- Management Information
Middle Office
-
Credit/Risk Management
- Score Card Integration
- Real-time Credit Decisions
- Links to Credit Bureaus
- Credit History
-
Contract Acquisition
- Contract Validation
- Contract Activation
- Document Production
- Document Management
- Retailer Communication
- Supplier Payouts
- Self-Billing
- QAS
- Bank Wizard
Back Office
-
Billing and Invoicing
- Configurable Invoice Consolidation
- Automated Billing Cycles
- Multiple Payment Methods
- Annual Sales Tax Invoicing
- Variable rate adjustments
-
Collections
- Configurable Delinquency Identification Matrix
- Configurable Delinquency Instance Workflow
- Payment Plans
- Automated Document Generation
- Full ACH Integration
- Late Payment Interest
- Enforcement Support
-
CRM
- Configurable CRM Workflow
- Third Party Administration
- Agreement/Statement Inquiry
- Complaint handling
- Online CRM
- Letter Requests
- Resource Management
- Activity Monitoring
-
Fee Income
- Scheduled or Ad Hoc
- Integration to Document Production
- Flat or Calculated Amounts
- Different Due Date
-
Financial Amendments
- Due Date Changes
- Contract Novation
- Contract Reschedules
- Refinance Options
- VAP Alterations
-
Early Settlements
- Multiple Calculation Methods
- Contra Settlements
- Automated Settlements
- Commission Clawbacks
- Write-Off/Refund Tolerances
-
End of Contract
- EOL Option support
- Configurable EOL Workflow
- Auto EOL Document Production
- Auto Processing of EOL Options at Maturity
- Asset Disposals
- Customer Retention Support
- Write-Off/Refund Tolerances
-
Asset Management
- Asset structures
- Usage rentals