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 SOFICO 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, SOFICO 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 SOFICO 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 SOFICO 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.
SOFICO 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.
” With SOFICO 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
Frequently Asked Questions
What should auto finance software manage?
Auto finance software should help you manage vehicle finance products from origination through servicing and end-of-life, while keeping pricing, contracts, payments, customer data, and channels connected. SOFICO Miles Enterprise adds support for traditional financing, personal and business leasing, subscriptions, value-added services, and commercial finance within one configurable platform.
Can SOFICO Miles Enterprise be used as automotive lending software?
Yes, SOFICO Miles Enterprise supports originating and managing vehicle finance contracts alongside leasing and mobilityYou can manage traditional financing products, contract changes, pricing, payments, customer journeys, and integrations without separating lending-style finance from your broader automotive portfolio.
Can one automotive finance platform manage finance, leasing, and subscriptions?
You can manage traditional finance, business and personal leasing, full-service leasing, subscriptions, and value-added services in SOFICO Miles Enterprise. Keeping these offers on one automotive finance platform helps you respond to changing customer preferences without building a separate operational system for every new product or ownership model.
How can automotive finance software support omnichannel customer journeys?
You can connect dealer, online, and self-service touchpoints to the same underlying finance and contract processes. SOFICO Miles Retail Modules extend SOFICO Miles Enterprise with dealer point of sale, online showroom, and customer self-service capabilities, helping you keep offers and customer information consistent as journeys move between channels.
Can SOFICO Miles Enterprise manage add-on services alongside vehicle finance?
You can manage financial schedules alongside subscription-based and value-added services in SOFICO Miles Enterprise. This lets you bundle or separately price services such as maintenance or other recurring offerings while keeping them connected to the relevant contract, customer, and payment processes and integrating with third-party systems where needed.
How can automotive finance software help manage residual value and multi-cycle vehicles?
You can use SOFICO Miles Enterprise to support multi-cycle leasing and asset strategies that extend vehicle use beyond the first contract. By keeping contract, pricing, and asset information connected, you can manage refurbishment, remarketing, and second-cycle opportunities more consistently while responding to residual-value risk across changing mobility models.
