Auto Lending
Software

At TIMVERO we understand the challenges and complexities of the auto lending industry, this is why we are dedicated to offering exceptional loan management software platforms tailored specifically for car lending needs.

The feature-rich solution encompasses the whole auto lending lifecycle: from efficient loan origination and seamless underwriting processes to automated payment management and comprehensive borrower data analysis.

With TIMVERO auto loan management software, you can streamline operations, improve decision-making, and boost loan profitability.

timveroOS for auto lending

The auto lending software we offer gives a full view of your business processes in a single interface and automates the business processes of issuing auto loans for banks, non-banking credit institutions, and fintechs:

Digital onboarding

Experience smooth loan origination in the auto lending industry: timveroOS Vendor Portal enables effortless origination directly from the showroom, enhancing efficiency and reducing processing time.

Auto lenders benefit from detailed document and collateral settings tailored to the industry requirements, ensuring compliance and accurate loan management.

With integrations in place, we provide a steady information flow between systems, which enables fast funds disbursements to the vendor, streamlining the financing process and enhancing customer satisfaction.

Automated scoring

Efficiently manage loan servicing in the auto lending industry with timveroOS. Benefit from comprehensive loan monitoring features, including real-time tracking of Loan-to-Value (LTV) ratios, insurance coverage, and other vital factors.

Our auto loan origination software ensures proactive risk management and compliance, allowing you to mitigate potential issues and optimize loan performance.

With automated alerts and robust analytics, you can streamline loan servicing operations and provide exceptional customer service, building warm long-lasting relations with customers.

Contracting

Reveal the power of auto loan servicing software for debt collection: speed up the process through automated reminders, tailored repayment plans, and 360-degree monitoring.

Use advanced analytics to detect and manage delinquent accounts and improve recovery strategies, moving debt collection efficiency to the next level.

Collection

timveroOS analytics module provides valuable insights for informed decision-making of business executives.

By analyzing borrower data, market trends, and risk indicators, you can optimize underwriting processes, detect potential fraud, and make data-driven loan decisions.

Analytics also enables portfolio performance tracking, helping lenders identify areas for improvement and implement effective strategies for risk management and profitability.

Digital onboarding

Automated scoring

Contracting

Collection

timveroOS for auto
lending

Digital onboarding

Automated scoring

Contracting

Collection

Customer onboarding

Automated scoring

Contracting

Collection

timveroOS builds seamless and tech-savvy onboarding for banks and financial institutions to improve conversion rates and minimize customer churn at every stage. Your borrowers can undergo fast fully digital KYC checks and submit their consents with a click.

The major advantage of TIMVERO consumer lending software is robust data furnishing tools and analytics.

The system generates forms and supports auto-fill based on existing CRM data or API integrations with data providers. Just as well it easily extracts and processes data from complex financial reports in banks.

Automated doesn’t mean uncontrollable or black-box.

It is you who defines custom scoring parameters, such as customer profile values, free cash flow range, and other risk parameters.

As a result, your consumer lending business obtains data-centric and effective scoring models - both soft-check and hard-check. Each is based on clear predefined rules for different borrower groups to minimize risk, reduce operating expenses and get the most out of what timveroOS automation can fuel your business with.

The entire document management part can become paperless.

The multi-stage process of signing a contract is supported by a number of online and offline channels. The system stores, edits, and updates various contract templates for borrowers.

The timveroOS functionality includes an automatic opening for debit or credit accounts or loan disbursements via integration with a core/general ledger collateral management. No need to switch between files, folders, and data providers: consumer loan software by TIMVERO unites all contracting operations in a single interface.

Robust collection module is a must-have for retail lending software. When compared to any out-of-the-box solutions in the market, at TIMVERO we added extended covenant control and collecting payments tracking along with ready-made proactive collection strategies for banking with automated notifications.

What’s more: banks and lending businesses always have necessary business metrics at their fingertips due to in-built systems for capturing analytical data and smart reporting.

AI/ML
decision-making and reporting

AI/ML decision-making and reporting

With timveroOS, the car loan origination software industry can experience accelerated decision-making, achieving up to 12 times faster executive actions while boosting loan profitability by an average of 13%.

Our AI/ML-powered module empowers lenders with data-driven insights for continuous underwriting, service enhancements, and product development. With it, you enable synergy between business teams: risk, product, marketing, and finance to reach faster agreements and run the business in the most effective way: human-centered and machine-powered.

The proprietary Financial Engineering/Cashflow engine drives substantial business improvements measured in financial parameters within minutes.

Speed up the flow, mitigate risks, uncover upsell opportunities, and achieve impressive ROI with timveroOS analytics.

Customizable Loan Architecture

Unique architecture based on Particpants entities that can be customized for any custom attributes, documents, profiles and emdedded intro the custom step of the loan process.

Participant

Consumer

Collateral

Raw and featured data

ID number
Address
Disposable income
Credit score

Documents

ID card
Proof of address

Raw and featured data

VIN number
Discounted price

Documents

Proof of ownership
Appraisal

Deal

Business flow

KYC
Underwriting
T&C calculations
Signing

Products

Fixed-term loan
Auto loan

Smart scoring and underwriting

AI-based scoring and decision-making are crucial for auto lending software as it harnesses advanced algorithms and machine learning to evaluate customer risk and make precise lending decisions. Through comprehensive data analysis, AI scoring enables efficient and unbiased risk assessment, resulting in higher approval rates and lower default rates. This empowers businesses to strike the optimal balance between approving qualified borrowers and managing financial risks.

Smart scoring and underwriting

Recommended by auto lenders

European auto dealership company

"Using timveroOS for our auto lending operations makes a difference. The platform's AI-powered decision-making capabilities and flexibility have helped us streamline underwriting processes, identify upsell opportunities, and effectively manage our portfolio. The customizable flows and auto industry-specific settings provide a tailored experience. Highly recommended!"

Auto loan company from Australia

"We enjoy extensive functionality that the platform offers: from collateral management to document management automations that ensure compliance and accuracy in loan management. The covenants monitoring helps us enforce loan agreements and lower risks. The platform's user-friendly interface is highly valued by our employees."

Auto financing business from the UK

“We are extremely satisfied with TIMVERO car loan software. The AI have revolutionized our risk assessment and provided us with accurate suggestions in real-time. The platform's seamless integration with our existing systems and the ability to customize flows were the decisive factors for us!" - DEF Auto Financing."

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We work with

Banks

Our auto lending software is the perfect fit for banks, providing a comprehensive solution tailored to their internal processes. With seamless integration capabilities, it can be integrated with legacy systems and third-party data providers. Advanced risk assessment algorithms enhance operational efficiency and ensure accurate lending decisions. The customizable features enable banks to align the software with regional lending policies, while robust analytics empower data-driven insights for portfolio management and risk mitigation.

Learn more

Finance companies
(fintechs)

Fintech companies looking to enter or expand into the auto lending market highly value cooperation with TIMVERO. The timveroOS has a flexible and scalable architecture, so it seamlessly integrates with fintech platforms, empowering them to offer auto lending services to their customers. The advanced risk assessment capabilities and automated workflows enable efficient loan origination and portfolio management. With our software, fintechs can tap into the lucrative auto lending industry and provide a seamless digital lending experience to their customers.

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Auto Lending Software