Traditional underwriting processes can be slow and cumbersome, bogged down by paperwork and manual tasks. This is where pOrbis’ underwriting dashboard comes in.

pOrbis’ underwriting dashboard is a powerful tool designed to save dealers time and streamline the credit approval process. By automating workflows, providing real-time data, and offering insightful analytics, the dashboard empowers dealers to make faster, more informed decisions.

Real-Time Efficiency: Automating Workflows and Approvals

The underwriting process often involves a lot of back-and-forth communication between dealers, lenders, and credit bureaus. This can be time-consuming and lead to delays. pOrbis’ underwriting dashboard eliminates these bottlenecks by offering a complete set-up for workflows and approvals.

• Automated Workflows:

The dashboard automates key tasks in the underwriting process, such as data collection, document verification, and risk assessment. This frees up valuable time for dealers to focus on selling cars.

• Streamlined Approvals: 

The dashboard provides a central location for managing approvals. Dealers can submit applications electronically, track their progress, and receive real-time notifications of decisions. This eliminates the need for phone calls and emails, reducing the time it takes to get approvals.

• Comprehensive Follow-Ups:

The dashboard also automates follow-up tasks, such as sending email alerts to both dealers and lenders. This ensures that no application gets lost in the shuffle and keeps the process moving forward.

Data-Driven Decisions: Interactive Dashboard for Improved Business Performance

The pOrbis underwriting dashboard goes beyond simply automating tasks. It also provides dealers with valuable data and insights to help them make better decisions.

• Interactive Dashboards:  

The dashboard provides dealers with a comprehensive view of their credit underwriting activity. Dealers can access real-time data on key performance indicators (KPIs), such as application volume, approval rates, and turnaround times.

• In-Depth Analysis:

The dashboard offers a variety of analytical tools that allow dealers to drill down into their data and identify trends. This can help dealers identify areas for improvement and make data-driven decisions about their credit underwriting strategy.

• Business Planning:

The dashboard also includes tools for business planning. Dealers can use the dashboard to forecast future performance and set realistic goals.

• Action Management: 

The dashboard provides action management tools that help dealers track their progress towards their goals and take corrective action as needed. This ensures that dealers are always working towards continuous improvement.

How the pOrbis Underwriting Dashboard Empowers Dealers

The benefits of the pOrbis underwriting dashboard go beyond just saving time. By providing real-time data and insightful analytics, the dashboard empowers dealers to:

• Improve Customer Satisfaction:

Faster credit approvals lead to happier customers. By streamlining the underwriting process, dealers can get customers behind the wheel of their new cars faster.

• Reduce Risk:

The dashboard’s  risk underwriting service  helps dealers identify potential problems early in the process. This can help dealers avoid bad loans and protect their bottom line.

• Increase Sales:

By closing deals faster, dealers can sell more cars. The pOrbis underwriting dashboard is a valuable tool for helping dealers achieve their sales goals.

In Conclusion

The pOrbis underwriting dashboard is a powerful tool that can save dealers time, improve efficiency, and empower them to make better decisions. By automating workflows, providing real-time data, and offering insightful analytics, the dashboard is a valuable asset for any dealership looking to stay ahead of the competition in today’s fast-paced market.

Learn More About pOrbis’ Underwriting Services

For more information on how pOrbis’ underwriting services can help your dealership, visit our website at https://www.porbis.com.