Beaucage Auto Credit Launches ZenWare.app: A Revolutionary Solution for Auto Loan Management
Montreal, Canada – In a groundbreaking move, Beaucage Auto Credit, a subsidiary of the Beaucage Group, has developed ZenWare.app, a cutting-edge software platform designed to revolutionize the management of auto loans. The program, developed over a period of five years, is now fully operational and available to other dealers, merchants, and lenders seeking a turnkey solution for their auto loan management needs.
Eight years ago, Martin Proulx, a seasoned portfolio manager for major Canadian banks, recognized the need for a robust computer system to administer the auto loans financed by Groupe Beaucage. Faced with the lack of suitable options in Canada, Proulx and his team were forced to rely on American companies, which proved to be costly and ill-suited to the needs of Quebec and Canadian companies.
To address this challenge, Proulx and his team embarked on a mission to develop their own platform capable of handling all the requirements of in-house vehicle financing. After years of dedicated work, ZenWare.app was born. The software provides a comprehensive solution for managing auto loans, from credit applications to contract generation and ongoing file management.
AutoMedia had the opportunity to meet with Martin Proulx, CEO of Beaucage Auto Credit, to gain a better understanding of ZenWare.app. Proulx demonstrated the capabilities of the software, highlighting its user-friendly interface and powerful features.
ZenWare.app operates in a step-by-step process. Potential customers can visit the dealership or lender’s website to complete a credit application. The system then receives the request, allowing program managers to track the status of requests and monitor cash flow. The software analyzes the customer’s ability to pay by considering various factors such as monthly income, debt ratio, and credit score. It also takes into account the lender’s risk parameters, which can be adjusted according to their ambitions.
Once approved, the system calculates payments, residual value, and other necessary data. The customer’s banking information is securely stored, and the software handles all direct debits. ZenWare.app generates all the required contracts, simplifying the loan conclusion process. Even after the customer receives their new vehicle, the system continues to manage their file, including insurance and GPS tracking.
One of the most significant advantages of ZenWare.app is its ability to simplify the reporting process to Equifax, including the Metro 2 report. This task, previously tedious and time-consuming, is now streamlined thanks to the software.
Martin Proulx expressed his pride in the accomplishments of his team, highlighting the efficiency of ZenWare.app. With only two employees, Beaucage Auto Credit can manage its entire loan portfolio. Proulx’s ambitions extend beyond the local market, as he plans to introduce ZenWare.app to dealers across Canada and even internationally.
The launch of ZenWare.app marks a significant milestone in the auto loan management industry. Beaucage Auto Credit has set a new standard with its innovative software, providing dealers, merchants, and lenders with a comprehensive and user-friendly solution. With its success in streamlining operations and reducing costs, ZenWare.app is poised to revolutionize the way auto loans are managed in Canada and beyond.
For more information about ZenWare.app and Beaucage Auto Credit, visit their website at [https://www.beaucageautocredit.com](https://www.beaucageautocredit.com).
About Beaucage Auto Credit:
Beaucage Auto Credit is a subsidiary of the Beaucage Group, specializing in in-house financing of auto loans. With the launch of ZenWare.app, Beaucage Auto Credit aims to provide a turnkey solution for auto loan management to dealers, merchants, and lenders.
Press Contact:
Martin Proulx
CEO, Beaucage Auto Credit
Email: [email protected]
Phone: (555) 123-4567Beaucage Auto Credit Launches ZenWare.app to Simplify Auto Loan Management
Eight years ago, Martin Proulx, a portfolio manager for major Canadian banks, introduced Beaucage Auto Credit for the Beaucage Group. The company finances its auto loans internally, primarily through leases, and currently manages a portfolio worth approximately $10 million. However, the lack of a suitable computer system in Canada forced Proulx and his team to rely on American companies, which charged exorbitant fees and did not meet the needs of Quebec and Canadian companies. To address this issue, Proulx and his team spent five years developing a platform called ZenWare.app. The software is now fully operational and available to other dealers, merchants, and lenders seeking a turnkey solution for managing their auto loans.
To better understand how ZenWare.app works, AutoMedia met with Martin Proulx in a café on the island of Montreal, where he demonstrated the capabilities of the software.
ZenWare.app operates in several steps:
1. The program begins with an interface on the dealership or lender’s website, where potential customers can complete a credit application. The system tracks the status of requests, providing an overview of received, in-process, approved, and other requests. It also offers statistics on team performance and the impact of granted loans on cash flow.
2. Once a request is received, a person enters the file and processes it. The system analyzes the customer’s ability to pay by considering various factors such as monthly income, vehicle plan, rent cost, debt ratio, and Equifax score. It also takes into account the lender’s risk parameters.
3. The system calculator determines payments, residual value, and other necessary data.
4. If the loan is approved, the customer’s banking information is added to the program, which handles all direct debits.
5. The application generates all the necessary contracts to conclude the loan once all documents are uploaded.
6. Even after the customer receives the vehicle, the system continues to manage the file, including collecting payments and monitoring insurance and GPS position.
7. ZenWare.app simplifies the sending of information to Equifax, including the Metro 2 report, which is typically a tedious task when financing a vehicle.
Martin Proulx is proud of the accomplishments of ZenWare.app. With the software, Beaucage Auto Credit only requires two employees to manage all their loans. Proulx’s ambitions extend beyond the company, as he plans to present the program to dealers across Canada and even internationally.
ZenWare.app is set to revolutionize the management of auto loans, making it easier and more efficient for dealers, merchants, and lenders. With its comprehensive features and user-friendly interface, the software is poised to transform the industry.
How does ZenWare.app simplify the reporting process to Equifax and streamline operations for auto loan management?
Ftware. ZenWare.app operates through a step-by-step process. Potential customers can visit a dealership or lender’s website to complete a credit application. The system then receives the request and allows program managers to track the status and monitor cash flow. The software analyzes the customer’s ability to pay by considering factors such as monthly income, debt ratio, and credit score. It also takes into account the lender’s risk parameters, which can be adjusted according to their goals.
Once the customer is approved, ZenWare.app calculates payments, residual value, and other necessary data. The customer’s banking information is securely stored, and the software handles all direct debits. It also generates all the required contracts, making the loan conclusion process simpler. Even after the customer receives their new vehicle, the system continues to manage their file, including insurance and GPS tracking.
One of the main advantages of ZenWare.app is its ability to simplify the reporting process to Equifax, including the Metro 2 report. This eliminates the previously tedious and time-consuming task of reporting, streamlining operations.
Martin Proulx expressed his pride in the accomplishments of his team and the efficiency of ZenWare.app. With only two employees, Beaucage Auto Credit can manage its entire loan portfolio. Proulx’s ambitions extend beyond the local market, as he plans to introduce ZenWare.app to dealers across Canada and internationally.
The launch of ZenWare.app represents a significant milestone in the auto loan management industry. Beaucage Auto Credit’s innovative software provides a comprehensive and user-friendly solution for dealers, merchants, and lenders. With its success in streamlining operations and reducing costs, ZenWare.app is poised to revolutionize the way auto loans are managed not just in Canada, but globally.
For more information about ZenWare.app and Beaucage Auto Credit, interested parties can visit their website at [https://www.beaucageautocredit.com](https://www.beaucageautocredit.com).
About Beaucage Auto Credit:
Beaucage Auto Credit, a subsidiary of the Beaucage Group, specializes in in-house financing of auto loans. With the launch of ZenWare.app, Beaucage Auto Credit aims to provide a turnkey solution for auto loan management to dealers, merchants, and lenders.
Press Contact:
Martin Proulx
CEO, Beaucage Auto Credit
Email: [email protected]
Phone: (555) 123-4567