A credit services firm
A credit services firm takes dealer onboarding from an hour to 15 minutes with Strive
A credit services firm for auto dealers cut credit onboarding for a new dealership from an hour to roughly 15 minutes after moving the work onto Strive.
15 min
to onboard a dealership, down from an hour
75%
less time on every credit onboarding
Before a dealership can pull credit through the firm, its operations team verifies the business behind it. Strive now gathers that evidence into a single credit package for the team to review, and the time it gives back goes to more meaningful work.
About the firm
The firm builds credit and compliance software for auto dealers and serves thousands of dealerships nationwide.
The challenge
Before a dealership can pull credit through the firm, its operations team confirms the business is what it says it is: its state business filing, its dealer license, its location and its signed agreement.
Gathering that evidence from several sources and assembling it into a credit package took about an hour for every new dealership.
The solution
Strive built the firm's credit onboarding workflow on the Strive platform, with a screen made for that job. It looks up the dealership's Secretary of State filing and state DMV dealer record, confirms the location, captures the web evidence and extracts the terms of the signed agreement.
Everything lands in one credit package, ready to export as a single PDF. The firm's team reviews it and adds anything the sources can't supply before it goes out.
Results
Credit onboarding now takes roughly 15 minutes instead of an hour. The time the operations team gets back goes to more meaningful work.
Credit onboarding used to take us an hour. Now it takes about 15 minutes, and my team spends the time it gives back on more meaningful work.
VP of Operations
About Strive
Strive builds workflows that fit each firm's business on an enterprise platform that handles tens of thousands of documents, and presents each workflow in a screen built for that function. In many cases, teams cut their busy work by 50% or more, with fewer errors, while their people approve every step. Strive is SOC 2 Type II audited and based in Seattle.
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