Provenir_Case_Study_GM_Financial_210401

Use Case: Auto Financing

Provenir Solution:

Decisioning Cloud

To better serve customers, GM Financial wanted to bring new auto lending and leasing products to market more quickly, support faster application decisioning and ensure consistency throughout the loan origination process. The company sought integrated auto finance software that would allow it to bring product development in-house and provide the flexibility, scalability and ease of use needed to manage complex dealer financing operations.

Solution: Using Provenir’s configurable integration adaptors, GM Financial defined integrations with credit bureaus, and a multitude of internal and external systems. This has helped the company not only reduce processing time, but also increased transparency into the process.

Benefits: •

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With the Provenir Decisioning Cloud serving as the foundation, GM Financial automated most of the financing/leasing lifecycle, including loan origination, pricing policies, credit data retrieval, data validation, scoring and decisioning, vehicle valuations, funding, and compliance.

The IT team uses Provenir’s drag-and-drop interface to quickly build and modify business rules and processes, enabling the organization to easily keep up with ever-changing business and compliance requirements.

Results: By automating much of the process – from credit identity verification to pricing, automated risk decisioning and funding – the company now delivers nearly instant responses on most decisions to dealers and consumers for sub-prime, near-prime and prime financing.

In addition, GM Financial has enhanced and simplified compliance with multiple state and national regulations.

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