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Infographic: Netflixing Auto Financing

Page 1

Auto Financing – Drive a Better Consumer Experience Waiting for paperwork and approvals in auto financing is like Blockbuster Video in the 90s – long, drawn-out and labor-intensive. Customers deserve the Netflix experience – short application forms that feed powerful decisioning tools so you can automate data gathering, risk modeling and even personalized pricing.

Blockbuster vs.

Netflix

• Mountains of paperwork

• Smart digital

• Slow, manual processes

BLOCKBUSTER applications

• Automated, customized processes

• Hours at dealership

90

minutes

65%

• Takes less than a second

is all it takes for customer satisfaction to decline while at a car dealership

people worldwide have mobile devices

of car shoppers feel that financing + paperwork takes too long

people use social media globally

4.62 billion

66

million

vehicles were purchased in 2021

loan applications per month for one lender using Provenir

How-to Netflix Auto Financing with Provenir:

The longer a customer has to wait for a decision, the quicker the customer will look to the competition.

Integrate Data

Automate Decisioning

Predict Risk

Grow + Scale

Build Decisioning Rules

Innovate Faster

Decisioning Cloud

Provenir AI

Get There Faster with

Data Cloud + Marketplace Access rich

Make

Simplified AI for

Learn how you can improve the customer experience + innovate faster with automated decisioning tools.

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Infographic: Netflixing Auto Financing by Provenir - Issuu