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When reviewing software solutions most everyone will make various claims as to ease of use and features. In LIMS case there are features that are unique to LIMS that provide the user much greater visibility and control of the business process. A few are listed below which distinguish us from other products.
| UNIQUE MISSION |
LIMS was designed from the ground up specifically to do just one thing – manage your portfolio, unlike other systems which were built to manage sales and were modified to take payments. We focused on what the experts where saying - "Profitability is attained through the collection process and not the sales process." |
| PROFESSIONALLY DEVELOPED |
LIMS was developed by a Microsoft Solutions Partner on Windows application standards for ease of use utilizing industry standard software tools interfacing with industry standard desktop productivity applications resulting in a solid foundation and a platform designed for flexibility, longevity and growth. |
| Multiple Versions: |
Versions to meet the mission of most auto finance companies, Buy Here Pay Here, Related Finance and Special Finance focused on purchase and sell of loans |
| Multi-Company: |
Ability to manage multiple portfolios/companies with ease of use single click to change between portfolios. |
| Legal Requirements |
Validates state legal requirements for APR disclosure, Finance Disclosure, Usurious and Non Public Information Disclosure with associated automated customer notifications. |
| Work Flow: |
Provides a workflow process following organizational structure for the input, review, approval and audit processes |
| Decision Analysis: |
Provides single and multiple (Package) analysis and recommendations for loan loan purchases based on asset value, initial rate of return or applied percentage |
| Loan Processing: |
Capability to manage single and bulk loan purchases for either originated, funded, and most importantly seasoned, aged or midterm loans. |
| Dealer Recourse: |
Provides capabilities for discounting and recourse or holdback |
| Discount Management |
Manages earned and unearned discount over the life of the loan |
| Source Management: |
Has the capability to manage multiple sources of loans with source performance analysis capabilities to help you better manage your sources. |
| Investor Management: |
Pools established to sub divide portfolio into sub level categories for investors or loan type analysis and controls |
| Payment Sharing: |
Provides capability for managing payment sharing at portfolio, source or loan level or payment streaming |
| Multi-level security |
built around job function so user defines who can go where, see what and do what. |
| Total transaction accountability: |
Every transaction is User ID, date and time stamped so you know exactly who has done what. |
| Unlimited Information Gathering: |
Never delete data, LIMS allows you to turn inactive and add information and reverse errors, but history is saved. |
| Hundreds of Reports: |
The most extensive reporting capability of any solution on the market with enormous portfolio of text and graphical data reports with export capability for forwarding or manipulation. |
| External Interfaces: |
Interface to many third party expert systems to help you manage more than your portfolio, but also your business |
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and this is just the overview. |
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BE IN CONTROL
with SeaTip Loan Management Solutions
Superior Tools for Superior Business Management