ILT and ABCoA Complete Systems Integration to Enhance Loan Processing
SALT LAKE CITY — Integrated Lending Technologies and
Advanced Business Computers of America recently completed the integration of
ILT's DILLS system with ABCoA's Deal Pack Dealer Management System.
The company highlighted all data regarding loans funded by
lenders using DILLS now can be exported to the lender's Deal Pack system with a
few mouse clicks whenever the lender chooses.
ILT explained the origination, analysis and decision making
of the application as well as the funding and booking of the loan, all now can be
handled in a single system, eliminating double data entry and minimizing manual
input error.
Executives mentioned two finance companies are already
benefitting from the completed integration.
ILT president and chief executive officer Will McGregor
reiterated that DILLS is an indirect loan origination system for auto lenders,
and Deal Pack is a scalable, Windows-based solution providing fully integrated
sales, leasing, finance and service modules with real-time accounting to dealers
and finance companies.
"The ultimate objective of all product development at ILT is
maximizing the efficiency of the indirect lending process for all our lender clients,"
McGregor said. "Automated transfer of loan data from our systems to their core
data management systems enhances the efficiency of our products and helps us
achieve that overall goal.
"Much of our recent growth has been in the subprime segment,
and our clients specializing in this market are particularly interested in
increased efficiencies," he continued. "That's why we are so pleased to complete
the link with Deal Pack.
"The integration will make DILLS much more valuable to Deal
Pack users and will make DILLS a more competitive product in the market for
indirect lending management systems for independent auto finance companies,"
McGregor went on to say.
For more details about the solution, visit www.iltech.us.
Continue the conversation with SubPrime Auto Finance News on LinkedIn and Twitter.
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