DataScan Technologies

ť WHOLESALE MANAGEMENT SYSTEM

Considered the "Industry Standard," DataScan's Wholesale Management System (WMS) was specifically designed to satisfy the unique needs of the wholesale floorplan industry. WMS provides banks and captives the flexibility to market a broad range of wholesale lending programs, real-time information necessary to manage corresponding risk, and cost savings required to remain competitive. WMS clients realize higher profits, lower risks, and increased productivity.

Learn about our ť Dealer Loan System

ť Dealer Loan System

BENEFITS

Transaction Processing

ť	Electronic import of manufacturer loan files saves labor and eliminates keystroke errors

ť	Automatic VIN decoding by R.L. Polk ensures accurate and consistent asset data

ť	Automatic lookup of used vehicle values (NADA & Black Book) reinforces adherence to lending procedures

ť	Real-time credit checking immediately identifies over-limit situations

ť	Multiple payment processing screens to improve productivity

ť	ACH output files allow efficient fund transfers


Floorplan Equity

ť	Multiple accounts

ť	Flexible balance limit and interest rate structures

Billing

ť	Multiple interest rate and fee structures allow for customized billing arrangements

ť	Mega-dealer functionality, including consolidated billing of primary entity

ť	Billing statement history (up to 18 months) is available online

ť	Ancillary dealer lending arrangements (mortgages, capital loans, wholesale leases) are also supported


Accounting

ť	Electronic interfaces with all major G/L systems

ť	Simplified securitization tracking is available

ť	Participation functionality is available for both lead and participant banks


Reporting

ť	Robust, standard reports answer the most common inquiries

ť	User-generated, custom queries satisfy ad-hoc reporting needs

ť	Optional faxback of daily transaction reports and billing statements