SiiP is Access PPSR's full service PPSR Portfolio Management System. It gives users visibility across all registrations and enables them to execute all PPSR tasks quickly, correctly and effectively.
SiiP allows users to process and manage their portfolio of registrations from creation (using pre-programmed registration profiles and grantor validation) through to renewal and discharge. SiiP's features and functionality is detailed in the table below:-
|ACCESS PPSR - SiiP FEATURES AND FUNCTIONS|
|- Dynamic dashboard showing registration counts, collateral class analysis and expiring registrations to assist with management and compliance|
|- Registration expiry management screens to enable effortless renewal on a 3 month rolling basis|
|- Ability to retrieve registrations processed through other systems to provide visibility across the portfolio and facilitate compliance monitoring|
|- Dynamic compliance monitoring to provide continual assurance that registrations comply with approved profiles and grantors are correctly identified|
|- Validation of organisation names and numbers prior to registration|
|- Validation of motor vehicle VINs* prior to registration|
|- Approved registration profiles programmed and automatically inserted into a registration to save time and minimise the risk of error|
|- Bulk uploading of registration and discharge files|
|- Application of useful data management features such as customer number, agreement numbers, trading names and other categories to facilitate searching and reporting|
|- Registration details entered through a single screen|
|- Comprehensive portfolio search options using Giving of Notice Identifier, trading name, registration number, grantor reference, organisation numbers and serial numbers and others|
|- Full instant access to PPSR generated verification statements and token details|
|- Benefit of a single repository of all PPSR registration details for ongoing registry maintenance, reporting and compliance monitoring|
|- Comprehensive search functionality for all types of PPSR searches|
|- Download consolidated search results to pdf (summary) and excel (detailed) showing Secured Party Group registration data for review and analysis|
|- Ability to download full registration details to excel for analysis purposes|
|- Ability to download expiring registrations to ensure timely renewal|
|- Client controlled user access|
|- Multiple layers of security that allow setting of user permissions|
|- Audit trail of transactions by user|
|- Register and maintain Secured Party Groups|
*VIN validation on length and prohibited digits only
Applications to open trade credit accounts have traditionally been processed manually using hard copy application forms, generally, completed by hand as illustrated.
The process is time consuming, inefficient and frustrating for both the applicant and the recipient with processing staff having, amongst other hurdles, illegible handwriting, incomplete or unsigned forms and missing support documents to contend with.
The Solution is Crediible
You can streamline your credit application receipt, assessment, decisioning and approval processes and better manage your customer acquisition function using our automated platform with Access Crediible.
Crediible is an end to end solution that automates the entire credit application process from potential customer application receipt and entity verification to credit reporting and decisioning all from one dashboard and control grid. Crediible is designed to help you process and approve credit applications much faster thereby improving credit risk, saving you time, improving workflow efficiency and enhancing your customer experience.
How It Works
The process is simple. Potential customers complete an application form on your website. It can be customised for you with your branding, colours, questions and contact details.
We verify your applicants details in real time and ensure that they adequately accept your Terms and Conditions of Trade – using digital signatures and verification if required.
Although it is not essential, most of our clients utilise our credit reporting and decisioning services. We are set up to obtain and display credit scores from several leading Credit Assessment Bureaus. These can be agreed in advance with you along with your approval limits. We can set Crediible to automatically approve applications if they comply with profiles or you can manually approve all applications. We can also automatically process registrations on PPSR, again with pre-programmed profiles, if required.
Once completed and submitted, you will receive an email notifying you that the customer has applied to alert you to review, assess and approve the application and supporting documentation in your dashboard and workflow grid – or that it has already been approved if it complies with your preset approval criteria.
The applicant (and your sales team) is kept informed by email as their credit application progresses.
There are numerous reasons why businesses decide to embrace the automation of their credit application processes including:-
- Improved workflow, better productivity and reduced labour resources
- Increased automation which helps to improve efficiencies and reduce errors and credit risk
- Enhanced customer experience - easier to buy from you and a shortened sales cycle
- Important data held centrally in one repository accessible to management / staff enabling visibility, monitoring and continuity when staff leave
- Streamlined and enhanced credit management processes to reduce staff frustration
Setting It Up Is Easy - We Do All The Work
We only need a few things we need from you to proceed:
- your agreement to our Terms and Conditions of Trade
- a few decisions about how you want to configure your online credit application
- a URL from your website for us to link to
We take care of everything else and we can set it all up within a few days.
Cost and Capabilities
Pricing for Crediible depends on a few factors:-
Q1 How many Credit applications you will process each month?
Q2 How you would like to process your applications?
Q3 How you want to assess your applicants creditworthiness?
Click here to proceed with installing Crediible in your business.
SiiP is ideally suited to meet the needs of financiers. Many of their requirements are not currently being satisfied or are being disjointedly or partly met.
Financiers – Non Invasive Compliance
The diagram below illustrates how financiers may choose to use SiiP as a Compliance System that sits alongside their current LMS in a non invasive way. The diagram also details how users can utilise the SiiP UI to process non standard registrations correctly using pre-programmed templates.
The key component of this solution is that SiiP is able to retrieve all data for transactions processed via the LMS in order that financiers have visibility over their registration portfolio.
Financiers – Full Service
The Access PPSR solution for financiers that require origination, collateral validation (VIN or Serial Number) and search services to ensure collateral is free from encumbrances is detailed below.
Access PPSR offers financiers end to end reliable PPS registration services.