Practical, Achievable and Tangible Benefits
Main Financial Gains:
- Possible lower down payments.
- More approved loans.
- Possible longer terms.
- Lower monthly payment and the potential offer of higher quality vehicles.
- Lower delinquencies.
- Frees more cash for capital purchases.
- Drastically reduces stolen vehicles.
- Increases sales at all levels.
- Considerable lower interest loans when applicable.
- Dramatically reduces 1st payment defaults.
- Reduces write offs.
- Drastically reduces repossessions & increase redemptions.
- Improves cash flow.
- Reduces collection efforts.
- Easier Management of collections.
- Attracts higher quality sales people
- Increases Customer Retention.
- Potentially helps customers repair their credit.
- Increases referrals.
- Reduces advertising expenditures.
- Enhances name recognition.
Finance organizations can make use of SekurPay in a wide range of ways including the following:
SekurPay offers a roadside assistance facility to be initiated when a customer has an accident or some other type of breakdown with their vehicle, the service provider sends a tow truck or repair shop vehicle, according to the case, from its network suppliers to the place of the incident. SekurPay will send the alert to the service provider who will locate the vehicle
and communicate directly with the customer in order to identify the nature of the required assistance. It can be contracted by the Financers Insurance department or external Insurance companies.SekurPay offers the financing company the opportunity to negotiate lower vehicle insurance premiums on the loaned vehicle. This is due to the loan underwriting
requirements possibly being reduced as the loan is more comprehensively secure both in terms of payments and as a physical asset that can be located and recovered in the event of payment delinquency. SekurPay-GPS (SU505L) immediately transmits a real time alert to the control centre application where the vehicle’s security system input is activated, or in the case of tamper. Such security monitoring protects the financer’s asset throughout the loan period thus allowing underwriting to be reduced.
SekurPay-GPS (SU505L) immediately transmits a real time alert to the control centre application where the vehicle’s security system input is activated, or in the case of tamper. Such security monitoring protects the financer’s asset throughout the loan period thus allowing underwriting to be reduced.
Industrial Solutions For Finance - Features
Providing a wide range of solutions, Sekurus International SekurPay address several of the industries most recognized needs. SekurPay can change its behavior based on special remote instructions, thus eliminating the need to reprogram for changing basic parameters which can be used to alter Grace Days, GMT Offset and Shut-off time.
All change mode commands released definitely lock out the device, thus an enable is also released by the application to re-enable the vehicle.
Payments can be scheduled for any day, or can allow payment changes without re-programming the device. SekurPay allows changes, for example, from weekly to monthly and back again. Allows payment changes from, for example, Fridays to Mondays. SekurPay allows the skipping of a payment and adding one later.
Any missed payment does not need to be sent to the SekurPay™ device.
The Emergency enable allowance. A command is sent to the control center application and an emergency trigger is released and returned to the device automatically. The organisation may reduce the number of Grace Days to compensate if they suspect abuse. The device includes an internal GSM/GPRS modem, proving both TCP/IP and UDP/IP, CSD and SMS communication between the device and the control center application. Where GPRS coverage is unavailable any emergency events are shifted to SMS.
SekurPay devices are programmed at the factory and NOT by a local pc. This is essential to allow remote payment flexibility, for example, if the local pc clock or date was wrong then the codes would lose their synchronization. SekurPay understands Time Zone settings so that users from all over the world can set a Shutoff Time of 11.59 pm and remain locally accurate.
SekurPay allows the organisation to automatically send the parameter triggers to SekurPay device therefore provides the benefit of a wireless management process that eliminates customer intervention. All the device’s options are fully configurable and upgradeable through communication with the control centre application.
SekurPay proactively reminds the customer that payment is due prior to the payment due date being reached. The reminder period is a configurable item set at the organisation’s discretion.
SekurPay is configurable in terms of locating the vehicle when it has been disabled. This feature is organisation driven and may be set to automatically advise the SekurPay application or may be set to be passive. Such triggers are returned to the application to notify the vehicle recovery team if required.
SekurPay parameters can also configure/setup. OTA configuration in case the GPRS network is not available the codes can be sent by SMS.
SekurPay allows the vehicle to be disabled or enabled automatically and/or remotely via the application. This allows the organisation to remain in control of their asset and also protects the customer in case of vehicle theft. The solution performs a Gradual Motor Arrest that allows the organization to send a code to gradually decelerate the vehicle until it comes to a full stop.
SekurPay-GPS (SU505L) allows the vehicle to be disabled or enabled automatically and/or remotely via the application. This allows the organisation to remain in control of their asset and also protects the customer in case of vehicle theft. The solution performs a Gradual Motor Arrest that allows the organization to send a command to gradually decelerate the vehicle until it comes to a full stopin case of vehicle theft. A tamper alert is sent to the finance company in the case of tamper detection.
A 12 channel GPS sensor is integrated with the antenna for improved reception sensitivity ensuring efficient and accurate vehicle location. The GPS sensor is connected to the device via a serial port ensuring covert installation.
Services Industry - Benefits
Practical, Achievable and Tangible Benefits
- Improve customer service
- Increase productivity of your service fleets
- Manage vehicle and service inventory assets
- Improve worker safety and security
- Reduce theft loss through stolen vehicle recovery
Service organizations can make use of Sekurtrack Services Solution’s functionality in a wide range of ways including the following:
- Security through constant communication with your drivers as well as in-cabriver authorization
- Efficiency through minimizing manual paperwork entry, smarter use of resources reducing wastage and unproductive tim
- Accurate Monitoring of where your drivers are and work they've completed for up-to-date reporting, accurate billing and satisfied customers.
- Streamlined Business Processes through back-end integration, up-to-date access to inventory data, customer account status as well as the ability to invoice on the spot.