CALMS - Configured for Floorplan Finance

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Overview

CALMS Compass is designed exclusively for floorplan finance lending of any asset type, whether it’s Pay-As-Sold (PAS) or Scheduled Payment Program (SPP). CALMS Compass manages the full lifecycle of floorplan finance from credit decisioning onwards. CALMS Compass is flexible, scalable and delivers a highly efficient floorplan finance solution.

Suitable for large enterprise organizations as well as fast growing businesses requiring speed to market with an out-of-the-box solution.

It is the solution of choice for banks, captives and independent finance companies, trusted by more than 100 customers in 30 countries around the globe.

Key Features

Credit underwriting - financial statements, floorplan specific underwriting metrics, tailored credit proposal, securitization, temportary overline management, condition management, UCC compliance

Risk management - dynamically identify and adjust aggregate customer risk, flexible credit lines, credit conditions management, custom order request rules, standardized credit proposal, integrated with multiple inventory audit providers

Accounting controls - system of record, general ledger feed, dual shadow accounting, accounts payable management, encapsulated dual sided accounting, multiple custom chart of accounts, cash basis and non-earning accounts, system balance reports

Business process automation - rule-based electronic onboarding, rule based workflows, auto debit and payment application, retail net funding

Dealer and supplier access - online payments, order requests, billing statements, reporting, customer managed security, dealer to dealer inventory transfers, custom alerts, statement of financial transaction, transactional history

Product/Service details