To achieve success, leading companies are employing some of these following solutions:

• eContracting and digital signatures
  
  
• Aggregated dealer extranets
  
  
• Dynamic pricing systems
  
  
• Document management and imaging solutions
  
  
• Scorecard re-engineering
  
  
• Immediate funding
  

Faster, cheaper, and easier. All three of these desired characteristics are being achieved in credit and funding services. Trends include:

• Gaining considerable cost savings and decreasing time to fund, moving toward an entirely paperless process - eContracting.
  
  
• Retiring proprietary Extranet solutions and joining industry aggregators that offer more cost-effective solutions that the dealers are requesting.
  
  
• Implementing immediate funding, which reduces internal load by empowering dealers to enter their own information, ensures accurate packages, and encourages dealer participation through quick payment.
  
  
• Increasing efficiency and reducing overhead expenses achieved with document imaging, which is a result of direct integration with dealers, reducing paper flow.
  
  
• Creating data insight tools in an effort to make smarter and less-risky decisions, minimizing residual-value risk and improving competitive positioning.
  
  
• Achieving market responsiveness with special pricing and promotions through close brand coordination for marketing as well as subvention.
  
  
• Addressing changing customer and dealer expectations to do business electronically, 24x7x365 through the use of web-based technologies.
  
  
• Keeping up with compliance and the latest legislation through technology enablement.
  
  
• Offering robust extranets that allow dealers full lifecycle self-service functionality - strengthening relationships and providing dealers with value. Includes real-time credit decisions, shortened credit applications, data insight tools, and online collaboration.
  
  
• Increasing market consolidation and normalization to enable further standardization and integration.
  
  
• Broadening portfolio by offering additional products and services through new channels.
  
  
• Increasing book-to-look ratios through strong programs, pricing and service offerings - all enabled through technology.
  

Emercent has strong process expertise, business insight, and experience implementing these types of strategies and solutions. Additionally, through our Solution Framework, we can leverage our packaged intellectual capital and software components to deliver quicker, smarter, and better.