Large Regional Auto Finance Bank Chooses Shaw Floor Plan Software
Shaw Systems Associates, Inc. announced that a large regional bank has chosen Shaw’s Floor Plan software and it will be hosted in the cloud. This client especially likes the real-time system and the Dealer Portal that gives their dealers on-line access. The new system is expected to increase the bank’s efficiency and promote the floor plan offering to dealers. The Shaw Floor Plan system will automatically add new units to the floor plan from an ACH feed. Dealers will also be able to add units from trade-in or other purchases through the Dealer Portal. The dealer will also be able to view their bills and pay through the Portal. Dealers can easily pay off unit when sold using the portal. The Portal can be linked to the dealer’s deposit account for a paperless process from unit acquisition through payoff.
Shaw’s Floor Plan will also bring a new level of automation to the inspection process. The new real-time system will generate a file that is loaded to the hand-held inspection unit. The units will be updated with the inspection results when the inspection is completed. The bank will have immediate access to the floor plan inspection.
Shaw’s customer-focused software supports a wide range of consumer lending products including loans, line of credit, home equity, dealer/indirect, floor plan, commitments, escrow, securitization, and insurance. Our fully integrated solution offers seamless support for the needs of the borrower, dealer, internal staff and management.
Call Shaw Systems at 713.782.7730 or visit us at Shawsystems.com to learn more about our loan servicing software solutions.