Credit Application Tracking

In addition to the quoting and asset inventory functions CarCalc provides a great credit application tracking system. Credit reports can be pulled instantly from all three major credit bureaus and stored by Customer for quick review (user account with credit bureau is required). CarCalc includes an application approval screen to assist your credit analysts in the decision process. Checklists of items to be investigated and completed are easy to define. Joint/Guarantor, employment, and banking information are just a few of the helpful investigation items you can gather to make the decision process a snap. Industry compliant letters can be printed or emailed to quickly deliver your credit decisions to all parties included on the application. Managers can instantly see the status of all pending applications and have the ability to set credit decision limits. Status and statistic reports/inquiries will help you ensure your credit department keeps applications moving toward those completed contracts.