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    • Online Early Termination Management

    Optimize the replacement of existing financing agreements

    The independent handling of business processes by the end customer (customer self-service) takes on a whole new meaning in the digital age. In the credit and leasing sector, the option of early redemption of existing financing agreements often accelerates the decision to purchase a new product if the new financing also offers better conditions. The easier this process is to carry out, the quicker a decision is made.

    The Online Early Termination Management solution is an end-to-end digital solution that enables end customers, dealers and financial service providers to initiate redemption processes for any financing agreements, request redemption offers online and apply for the removal of deposited collateral, regardless of time and location. Intuitive web interfaces offer a high convenience factor.

    Key features of Online Early Termination Management

    Simple replacement processes for end customers and dealers

    • Individual maintenance
      Configuration parameters and rules for redemption dates can be maintained individually by the financial service provider. Early repayment penalties and other financing agreements can also be entered.

    • Queries and submissions via digital channels
      End customers or dealers can query redemption amounts and deadlines at any time via the relevant customer or dealer portals. If they wish to submit redemption applications, this can be done conveniently and digitally via the portal.

    • Transfer to new financing application
      Once the redemption offer has been accepted by the end customer, it can be transferred to a new financing application.

    • Security for the previous contract
      If existing financing agreements are redeemed early, the security held for the previous contract (e.g. vehicle registration document) is requested for removal. The solution is automated, so errors are avoided.

    Benefits

    Consistently digital processes

    By automating the replacement process, a service frequently used by customers is fully digitized and therefore faster and less prone to errors.

    Higher customer satisfaction

    Regardless of time and place, end customers can call up current redemption amounts and deadlines and thus make their decision quickly and on the basis of complete information.

    Lower costs

    Replacement requests only have to be checked manually by employees in exceptional cases. The high degree of automation and lower error rate save resources in the back office.

    Support for all end devices

    When integrated into customer and retailer portals, the responsive design ensures device-independent use on desktop, tablet or smartphone.

    Flexible integration

    The solution can be easily and flexibly integrated into existing system landscapes.

    Modular, independent solutions in the field of online early termination management

    Philipp Oberleitner
    Managing Director Sales & Marketing

    Patrick Scharwenka
    Chief Product Officer

    Dr. Lars Rüsberg
    Sales Manager

    Philipp Oberleitner
    Philipp Oberleitner
    Managing Director Sales & Marketing

    Patrick Scharwenka
    Patrick Scharwenka
    Chief Product Officer

    Dr. Lars Rüsberg
    Dr. Lars Rüsberg
    Sales Manager

    NAVAX Software GmbH will never sell, market or disclose personal information to third parties.
    Case Study

    Maximum flexibility for Honda Bank

    End customers want quick credit decisions. With the Intelligent Decision Automation solution, Honda Bank has implemented a flexible framework for processing all risk-based decisions in order to be able to react faster and more effectively to changing customer and regulatory requirements in the future.

    Find out how Honda Bank benefits from the solution in this case study.

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    Case Study

    TARGOBANK Autobank creates process efficiency with TABEA 2.0

    Since its market launch in 2015, TARGOBANK Autobank has quickly established itself as a highly competitive automotive bank in a highly competitive market. Since then, it has used the CMS Credit Management System to manage sales and purchase financing processes in a fully integrated, web-based and modular system - end-to-end. Changes in customer behavior and increasing demands on user experience also mean that the systems in use in purchase and sales financing have to be constantly adapted. A modernization of the solution was also on the agenda at TARGOBANK Autobank.

    Read the case study.

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    Case Study

    New savings bank solution for modern sales financing

    As regional market leaders, savings banks must constantly defend their share of the consumer credit business. For Ostsächsische Sparkasse Dresden 's business, it was important to respond more quickly to requests and process them smoothly - with processes free of media discontinuity for all parties involved and many years of experience in integrating OSPlus into the existing IT landscape. Together with NAVAX, it has created an innovative solution for sales financing at the point of sale that gives it a clear market advantage locally and generates attractive revenues. The application is also available to other savings banks as an out-of-the-box solution.

    Read this informative field report.

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    Whitepaper

    Equipment Finance: investment financing at the next level with a state-of-the-art end-to-end IT solution

    Investment financing is a cornerstone of competitiveness for manufacturers in many industries. With Equipment Finance from NAVAX, you can fully digitalize all financing processes - for goods of all kinds. The solution paves the way to sales financing - as an end-to-end solution that can be integrated into your existing IT landscape or via modular business services, depending on your needs.

    Read this white paper to find out how you can benefit from this.

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    Case Study

    Leading automotive bank: automation in the area of lending and leasing

    No project without a business case, no investment without a sound basis for decision-making. This is why a leading automotive bank relied on NAVAX's experts. As part of a consulting project, the specific process steps and workflows in lending and leasing were examined and evaluated with regard to optimization potential.

    Read the case study of the leading automotive bank.

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    Solution Paper

    Expert know-how for future-proof solutions

    Together with experienced consultants from NAVAX, you can ensure that your strategies and processes are geared towards future challenges. We not only deliver position papers, but also support you in the identification, direction finding and concretization of the fields of action as well as their implementation.

    You can find more information on the process, methods and benefits of our consulting services in this solution paper.

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    Case Study

    Success story of abcfinance GmbH: Successful with HENRI

    Our solution: HENRI for Leasing.

    • Time and cost savings through a fully integrated solution,
    • Web portal for the integration of partners and brokers,
    • Use of a single software for all core leasing processes.

    Read about the challenges faced by abcfinance, the solution and the collaboration between NAVAX and abcfinance in this user report.

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    Case Study

    Success story with Miller Leasing: IT leasing revolutionized

    "A nice confirmation of the success of our project was the fact that the annual financial statements were completed faster than ever before," said the customer.

    • First-class data quality and greater transparency with the NAVAX software platform for financial service providers,
    • Adaptation and optimization of internal processes,
    • Sophisticated process automation.

    Would you like to find out more about the solution and the collaboration between Miller Leasing and NAVAX? Then read this case study.

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    Case Study

    Our project with Valida: 360 degree customer view

    Our solution: a modern CRM.

    • Professional and future-proof customer data management with new CRM software,
    • All relevant data and KPIs at a glance
    • Professional project organization.

    In our case study, you can read about the vision, requirements and successful collaboration between the Valida and NAVAX teams.

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