CFLA Technology Showcase

Strategic Information Technology Ltd.

Product/Software Name

SIT’s Portfolio Plus

Product/Software Category

  • Asset Based Finance
  • Automotive Finance
  • CRM (Customer Relationship Management)
  • Equipment Finance
  • Equipment Finance Management
  • Equipment Leasing
  • Front-end Financial Workflow System
  • Lease & Loan Origination and Porfolio Management
  • Lease Accounting and Management System
  • Lease and Loan Administration

Product Summary

Scotiabank, TD, CIBC, Manulife Bank, and many other financial organizations use SIT’s financial software to offer a wide range of products and services to their customers. Portfolio Plus is a full suite of financial software modules and chief among these are Portfolio Plus Lending and Portfolio Plus Collector.

Full Product Summary

Portfolio Plus Loans, Leases, and Mortgages: Originate and service your loans, leases, and mortgages throughout their entire lifecycle. SIT’s leasing software manages the complete leasing process including the choice of lease types (open or closed), capitalization costs, lease terms, delivery, and remarketing. SIT’s leasing software is part of a fully integrated platform. Improve your workflow by eliminating the re-entry of data into multiple systems, such as accounting, credit bureau, collections, PPSA registration, and more. Here are SIT’s pre-funding and post-funding components:

Origination

  • Dealer portal
  • Automated credit adjudication
  • Document storage
  • Manual credit adjudication
  • PPSA search / registration
  • Fund the lease / loan
  • Insurance documentation

Administration

  • Manage NSFs
  • Insurance cancellation
  • Insurance claims
  • Buyout options
  • Lease term adjustments
  • End of lease / remarketing
  • Collections / Repossession

Portfolio Plus Collector: Designed for lenders who need a more efficient collections process, Collector greatly increases the productivity of a collection team. Using the latest texting and payment taking services to get your money faster, Collector also ensures your best customers maintain a great relationship with you. One of our customers says, “you can’t effectively manage your business if you’re making redundant phone calls”. Portfolio Plus Collector helps you manage your business effectively by focusing your resources to call the right customers, at the right time, with the right information. Here are Collector’s key features:

  • Automated Workflow
  • Integrated Workflow
  • Systematic Escalation
  • Document Management
  • Digital Archiving
  • Arrangement Control
  • System Generated Notes
  • Account History
  • Collection Reports
  • Embedded Arrangement Calculator
  • Easy Reassignment
  • Relationship Management
  • Province Legalities
  • Security Access Levels
  • Automated Diary

Portfolio Plus Agent Web: Agent Web allows brokers and financial advisors, associated with a specific financial institution, to have secure access to financial products associated with their customers. In other words, agents and brokers can perform much of the account administration themselves.

Open Digital Interface: This is the module used to communicate to third parties including debit card services, origination systems, interactive voice response systems, security registration systems, credit scoring services, and more.

Technology Requirements:

  • Varies

Company Contact Info

Strategic Information Technology Ltd.
37 Sandiford Drive
Suite 300
Stouffville, Ontario
L4A 7X5

Contact Person: Marianne Lannigan

Email: betterbankingsoftware@stratinfotech.com

Phone: 647-496-6202

http://www.stratinfotech.com