PHILADELPHIA, PA — Odessa Auto has unveiled new updates to its lending platform, designed to streamline processes and improve efficiency for lenders. The latest innovations include Intelligent Document Processing (IDP), Electronic Contract Integration (eContract), and expanded dashboard configuration with tailored key performance indicators (KPIs).
These features aim to reduce errors, accelerate time to contract, and offer greater flexibility. IDP allows lenders to extract key data from documents and directly integrate it into the Odessa Auto platform, eliminating manual data entry. Meanwhile, the eContract feature enables the platform to receive contracts from dealers seamlessly, ensuring streamlined processes and quicker data ingestion. With enhanced dashboard customization, lenders can configure KPIs to better align with their operational goals, surpassing what competitors currently offer.
Odessa Auto’s multi-asset, multi-product platform supports both traditional and alternative lending structures, enabling users to introduce innovative offerings like subscriptions or fleet services through user-friendly configuration tools.
“Our focus has always been on meeting the needs of lenders,” said Bob Johnson, Executive VP of Auto Finance at Odessa. “Reducing time to contract and minimizing costly errors is essential. Our customers frequently tell us, ‘You guys get it.’ That validation is what drives us to continue improving the platform.”
The updates reinforce Odessa’s commitment to providing industry-specific solutions for lenders, aligning technology innovation with practical needs.
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