When SC Finans decided to acquire a new IT system for their car financing operation in 2005, they chose Banqsoft’s product family View21. It was a lucky stroke, and SC Finans is very pleased with their choice.

View21

-That a system immediately works from start-up without any problem, is not something we are used to from the IT sector, said Johan Brändström, Managing Director of SC Finans.

Banqsoft’s View21was seen as the right solution and Peter Andersson, Credit Manager at SC Finans emphasizes some of the systems advantages.

-The modularity and build-up of View21 makes it very easy to handle, both for our distributors and our credit consultants. In general, View21 has been very flexible, which has taken a lot of pressure off our credit staff. Close to 70% of all our credit applications are handled automatically in this system.

SC Finans is a subsidiary of SC Motors Sweden AB, which is a part of the Japanese company Sumitomo Corporation. Together with the sister company Hyundai Bilar AB, they offer financing solutions for Swedish Hyundai and Mitsubishi distributors.

Floorplanning

- We chose Banqsoft as supplier for our new Floorplanning solution, says Bengt Astrén, Manager Dealer Financing at Svenska Volkswagen Finans. He says the following about this solution: - An efficient system solution handling our needs and processes in the area of vehicle financing, demo cars and stock financing. The system simplifies the administration of our partners (dealers and agents) and gives us the possibility to handle the payments/netting of the transaction flow between us and our partners.

Svenska Volkswagen Finans is one of Sweden’s leading financial services providers and a wholly owned subsidiary of Volkswagen Financial Services AG.