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Automotive finance

Manage business lease and consumer financing solutions in one platform

Build stronger customer relationships from contract origination to end of life. Get insightful data to improve decision-making and fine-tune your offerings. Miles Enterprise gives you more flexibility without losing efficiency: manage different products and cater to process differences depending on they type of customer and the sales channel.

Flexible options to deal with value-added products

Prepare for a wider range of product offerings

Customers are looking for more product and services flexibility. Bundling value-added services with the financing is a common way to respond. But your customers are also increasingly looking to add services with a separate monthly subscription fee.

With Miles Enterprise’s configurable platform, you can make the most of this transition. You can seamlessly manage financial schedules alongside any number of subscription-based services. The platform also integrates easily with third-party systems, allowing for greater flexibility in product offerings.

Evolving business models

Meet customers’ flexibility expectations

Drivers are less committed to owning their vehicles. As a result, interest in personal leases and even subscription-based models has grown. This requires you to be more flexible and manage a wider range of services.

To meet this complex situation, Miles Enterprise supports a broad spectrum of financing products, including traditional financing, business or personal leasing, and user-centric subscriptions. This allows you to follow evolving customer preferences, as the shift from car ownership to “car-as-a-service” continues.

We are already working with

Demand for flexible offerings

Manage every type of offer on one platform

Most customers are willing to pay extra for a leasing contract with personalized fee-based services. To benefit, you need accurate, accessible data to create desirable subscription-based services, offers and even upsells.

With Miles Enterprise you can manage the full lifecycle of a wide spectrum of finance products, including traditional finance, personal leasing, and full-service leasing. Miles can also cater to asset variability in lease contracts (other types of rolling equipment) and even supports wholesale/commercial finance for your dealer network.

Thanks to the platform’s hybrid character, you can easily scale your existing business alongside new mobility products— all within one system.

Higher customer expectations

Stay connected with hybrid customer journeys

Complementing traditional dealership networks with a stronger omnichannel presence, allows you to offer a far better connected customer journey. Additionally, you can lean into and benefit from direct sales models.

With Miles Enterprise’s integrated customer relationship tools you can establish closer customer touchpoints — online or in person. Moreover, its advanced analytics and customer-facing modules enable a more connected and personalized experience.

Dealing with residual risk

Optimize lifetime value through multi-cycle vehicle usage

Residual value after a leasing or subscription contract have a significant impact on pricing. New strategies for refurbishment and remarketing are needed to reduce asset value risk and ensure better cost management.

Miles Enterprise is ready to support your transition into a mobility company. You easily optimize asset management strategies, including handling multi-cycle leasing to reduce residual risk and targeting new customer segments, while still handling traditional finance products as well.

Quote

With Miles Enterprise, the road ahead is much clearer, through its broad configurability and a cohesive approach that perfectly matches our global expansion strategy.

Karim Tsouli - IT Director Mobilize Financial Services

Relevant solutions for automotive finance

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Curious about our full service portfolio for automotive finance, leasing, fleet and mobility management? Discover how to efficiently run your daily operations, hit business goals and provide a better customer experience from contract origination to asset end-of-life.

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