2016 Client Summit Roundtable Discussion - Verifications Optimization
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Transcript of 2016 Client Summit Roundtable Discussion - Verifications Optimization
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1CONFIDENTIAL & PRIVATEdefi SOLUTIONS
Verification Optimization Presented By: Ed Kisinger
CLIENT “FEST” 2016
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2CONFIDENTIAL & PRIVATEdefi SOLUTIONS
ROUNDTABLESESSIONS
Talking, texting, emailing, analyzing:• PRODUCT ROADMAP/COMMUNITY• VERIFICATIONS/OPTIMIZATION• DIGITIZING COMMUNICATIONS• RISK/ANALYTICS/REPORTING
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3CONFIDENTIAL & PRIVATEdefi SOLUTIONS
If you don’t know where you are going then you might end up someplace else. – Yogi Berra
I recommend not ending up “someplace else”……..
The Optimization Journey
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4CONFIDENTIAL & PRIVATEdefi SOLUTIONS
KNOW WHERE YOU ARE…WHAT YOU DO…..THEN….. FIGURE OUT HOW TO DO IT!
The Optimization Journey
WE CAN HELP YOU!LEVERAGE OUR PRODUCT MANAGERS AND/OR PROFESSIONAL SERVICES
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5CONFIDENTIAL & PRIVATEdefi SOLUTIONS
THE HOW – KNOW THE SOFTWARE CAPABILITIES…MAP TO YOUR PROCESS(ES)
YA..THAT’S RIGHT, WE GOT’S FEATURES FOR DAYZZZZARE YOU USING THEM TO BEST SUIT YOUR NEEDS?
The Optimization Journey
VENDOR INTEGRATIONSDDSR1 ECONTRACTINGTHE WORK NUMBERSMART CALCS (CARLETON)AD-HOC CUSTOMDEFAULT
STARTPAGEPAGE DESIGN
NATIVE DEFIPRE-POPULATIONAPIUW FEATURES IN VF (SCORECARD, CREDIT POLICIES)TABSAPI
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6CONFIDENTIAL & PRIVATEdefi SOLUTIONS
Dealertrack DDS
Dealer sends
contract to lender
Lender creates contract
Lender scans forms
Lender attaches scans to
defi
Lender indexes scans to
documents
Lender answers
questions of
documents
Lender completes VF tasks
Deal moves to RB status
Dealer sends contract to lender
DDS creates scans forms, indexes scans, answers questions, creates contract in
defi
Deal moves to RB status
Traditional Verifications
Dealertrack DDS Verifications
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7CONFIDENTIAL & PRIVATEdefi SOLUTIONS
• Removes most data entry• Improves accuracy• Speeds up funding process• Funding documents come over the same day• Pre-validation of lender funding rules
RouteOne eContracting
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Text OPTIMIZATION to 77513 and take a quick session survey
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