DEMONSTRATION
DEPTH, FLEXIBILITY, POWER. an e-commerce solution by Vision Commerce
•ASP or In-house solution
•Powerful marketing tool to capture more market share
•Automated Credit Processing and Work Flow
•Credit Profiling and Financial Analysis •Documentation and Proposal Delivery •Database Management and Reporting
This demonstration will take you through the extensive e-commerce work flow, management, communication and lease processing offered through Vision Commerce. You will view the capabilities of the three primary user roles, the Subscriber Administrator, the Credit Manager, the Seller (Dealer/Distributor) and their interaction with one another through the system.
The Subscriber Administrator
•The Administrator is the individual who manages the e-commerce system to accommodate the Company’s business rules.
The Administrator Navigation bar allows the Subscriber to: • configure the system and its forms • add or change rates • add any number of documents and proposal forms • build multiple credit profiles, and • manage the Subscriber’s user base. The Administrator can also export files from the system into other programs and access on-line support. The Administrator will receive messages from Vision Commerce on their message board regarding new technology releases and other important business information.
Settings are established based on the Subscribers principle product lines and business rules. These settings should accommodate as much as 95% of the business that flows through the system.
Settings will incorporate your list of acceptable assets, the terms most generally offered, terms, time in business requirements, different credit risk levels, etc.
Documents and Proposal forms can be stored individually or in documentation packages.
The administrator will be able to code document fields with an online tool and even perform simple mathematical formulas within a document.
By clicking the (Add New), documents and proposal letters are easily uploaded into the system from the Administrator’s hard drive.
The Administrator first assigns a title and classifies the document to be uploaded.
After browsing for and selecting the document, the administrator will save the document to be used individually or to be included as one document in a doc pack.
Once individual documents are loaded into a general library, the administrator can create a variety of different document packs incorporating various documents from the general library.
From the document packs the Administrator or Credit Manager will select the default documents to print automatically and select the print order of the documents.
However, the Credit Manager can select and associate any document or all relative documents in a Doc Pack on a specific application.
In similar fashion, the Administrator can build, store, edit and manage as many different credit profiles as they wish in order to accommodate different business rules.
By clicking the (Add New), the Administrator can build a new credit profile.
Similar to the documentation management tool, the Administrator begins the credit profiling process by titling the profile. After the name association, the Administrator details the appropriate credit profile and clicks update.
After updating, a credit profile score list will appear for completion by the administrator. This screen houses all of the credit logic for up to four commercial applications and one consumer application format: *Application only with personal guarantee *Application only w/o personal guarantee *Commercial with personal guarantee
*Commercial w/o personal guarantee
*Consumer
Within each profile, the Administrator can force the exclusion of different types of assets, products or states.
In similar fashion, Rate Sheets are created Rate After naming the and identifiedclick Update Sheet by name.
Using the rate sheet calculation tool the Administrator then identifies appropriate rates, commissions, number of advance payments and cost of funds, for respective terms.
The respective rate sheet then opens up with the calculated factors in their respective fields.
These rate factors will be used in all calculators, sales programs and credit applications associated with this rate card.
The versatility of this program allows the Administrator to label every form in their system in order to customize forms to accommodate specific business terminology. For example, the Administrator could change the label “Lease Payment” to “Rental Payment”, or from “Revenues” to “Harvest Income”.
From the App Config bar, the Administrator creates his electronic credit application. They can select how many items to report and how many to require. This relates to both references and to the financial statement requirements and years to be analyzed.
From this screen, the Administrator can unlock a User to gain access if they forgot their password or User Name.
You can view all of the companies and their activity on the system.
And review all User’s information and user roles within those companies.
From the Activity Log, the Administrator can track the users coming in and out of the system, the dates of use and the IP address from where they logged in.
The Credit Manager
The Credit Manager has many of the same configuration capabilities as the Administrator, but is also able to enter, score and change the status on credit applications and proposals.
The Credit Manager’s Toolbar
Credit Managers have the greatest diversity and power of any user role in the system. Under the configuration, they can add or modify rates, credit profiles, documents, Companies and Users the same as the Administrator. They can also enter, approve, editorialize and manage credit application flow between the Subscriber Company and the Seller or Client. Through this navigation bar, they can initiate proposals, convert them to applications, deliver documentation and export a completed electronic file into another software program.
Credit managers can also check the various Secretary of State offices through links in the system.
Credit managers can enter a new application and/or review their list of transactions and the current status of all transactions submitted through the system.
Credit managers can enter and print a new proposal and/or review their list of proposals submitted through the system.
And the payment calculator is available to the credit manager as well for verifying rate factors and quotes on applications.
Proposals can also be exported into the Company’s contact Management system
The credit manager will access the credit file on an application to see whether it passed or failed criteria established for a specific funding profile. After profiling the status can be set.
Linked credit bureau reports on guarantors are accessed from the profile score page
Specific select line items selected to be scored are evaluated based on the required criteria, the actual value and a pass/fail evaluation.
The Lessor can delineate and track all assets under the lease.
The system also allows a Subscriber to selectively structure each transaction independent of standard rate sheets and programs within the application.
A Subscriber can make easy adjustments on each application by changing variables pertinent to that application.
Credit Managers or Administrators can run reports that present data details.
The Seller (Dealer/Distributor)
This system was principally developed to be a powerful marketing tool to give Sellers, Clients and Business Partnerships easy access and painless processing of their credit applications through your credit and documentation departments.
It was also created to help increase your value as a Service Provider and enhance their corporate image to the Seller’s customer base.
You can setup as many different private branded programs as needed for your Dealers, Distributors or Clients.
Joseph Barker
An authorized subscriber enters the system through a secure username and password login.
The initial welcome screen allows the Subscriber to send specific messages to select users, general messages to certain user types or the entire universe of users.
The User has a simple navigation bar from which to select actions.
The Seller (User) Navigation Bar
From the Vision Commerce toolbox, the subscriber may select as many tools as needed for its business. Some tools offered include Discount Calculators for subsidized finance programs, Lease vs. Buy analysis, rate cards with markup options, TValue and more.
Users can enter a new credit application, view a list of all transactions submitted through the program, or check on the current status of an application. Custom reporting is also available through a data sorting capability. Users can also get quick quotes from the calculator and enter an application sufficient to generate a formal proposal on the Subscriber company’s or Seller’s letterhead. Once the proposal is accepted, the User can convert the proposal application to a new credit application.
The General navigation button will send a user back to the home page, allow them to logout, maintain their current information and get immediate on-line technical support.
When an approved credit application is accessed, the User can review the completed application, scroll to the bottom of the page and click on “Documents” for printing. The credit manager can also check how much exposure the subscriber has with this applicant.
After clicking the Document button a screen will open with the completed documentation in Portable Document Format (PDF), ready to print and deliver to the client.
As with credit applications, users view a listing of all proposals sent to prospective clients or generate new proposals.
And can access quick quotes through a number of different payment calculator types.
A simple calculator for specific terms and purchase options A discount calculator for Seller subsidies or buy downs
A multiple-option calculator with different terms and purchase options.
Formal proposals can be generated at the “point of sale” after a short application is completed. The proposal letterhead can be branded for a specific company using the system or on the Subscriber company’s letterhead.
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Bill, I need help with a special pricing tool and electronic value proposition for a vendor. Please call me first thing in the a.m. Enhancement Request Enhancement Request Bob
All Subscribers have access to Vision Commerce personnel at anytime through this electronic support feature.
Simply type your support request in the text box and someone will be back to you by phone or email as soon as possible with an appropriate response.
A drop down box allows you to prioritize the level of support needed or request an enhancement to your ecommerce program.
Thanks for taking the time to view our demonstration. Before you leave us, we would like to take the time to remind you of a few important details:
1. We give you guaranteed protection of your data. 2. We do not require long term contracts or commitments. 3. We want to earn your business by helping you to increase revenues with the power of VISION.
www.visioncommerce.com
866-707-9929