"Sophisticated Point of Sale Motor Finance System aiding the sale and improving F&I income"
Lucro
When considering a Point of Sale motor finance application there are many things to consider. Your audience and their technical ability is certainly high on the agenda. Lucro has the capability of producing calculations by many different paths and gives the user total control. Whether they need to work to a payment or base the chosen calculation on an APR then it will deliver. This level of sophistication will give users more confidence in quoting customers on a full range of product including HP, Lease Purchase and Personal contract Purchase. With many 1000's of users over the years it ease of use has enabled new users to be up and running in a matter of minutes.
Simple to Use
By keeping the user interface logical and un-complicated a wide range of introducers can be attracted to use the system. Whether a one-man band, large broker or a national dealer group, Lucro will accommodate your clients by hiding the complexity of the system from the introducer. Simplicity encourages system usage helping to keep your processing costs to a minimum. Existing introducers of Codeweavers' clients have proved that they can fully utilise the system with little or no training.
F&I Focused
The most effective way to encourage introducers to propose via your point-of-sale system is to make it financially worth their while. Lucro is a sophisticated tool for optimising income from finance and insurance and because it is so simple to use your introducers will enthusiastically use it and continue to use it.Multi Product and Multi Lender
(If required)Another key feature designed to encourage usage of Lucro is the ability to have a wide range of products available via the one system. It may be a tiered offering on a single product type or a range of different products from Hire Purchase to Finance Lease. If you broker any of your business you may even want to offer a range of products from different lenders. With Lucro this is all possible, introducers can compare payments, commissions and a host of other aspects of the quotes on a single page.
Ease of Distribution
Traditionally the first headache for any lender or broker when offering a point-of-sale system is distributing the application to the client. Unless you have an unlimited budget you will have little or no influence on the client's hardware so it is vital that the application is lightweight and easy to set-up. Lucro runs on any system with an Internet connection and a web browser and is currently installed in over 500 dealers and brokers nationwide.
Trouble Free Printing
The second significant issue that many point-of-sale systems have is inconsistencies and problems when printing documentation. Codeweavers have developed a unique print mechanism that has consistently produced quality documents irrespective of the hardware at the client. First implemented in 2001, over 1500 introducers have successfully used this technology with little or no support burden.
Effective Communications
One of Codeweavers key goals when producing Lucro was to reduce non-essential phone and fax traffic between the introducer, Operations and Account Managers. The first way this has been achieved is by providing real-time information about the status of applications within Lucro. The second is 'e-Notes'. 'e-Notes' is a communication tool that allows the introducer or Operations to post messages on a deal-by-deal basis. Messages are instantly flagged on both systems so that there are no delays in response. 'e-Notes' is significantly more efficient than either phone or fax because both parties have all the information to hand when handling enquiries.