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How It Works - Products OverviewKwik-Loan consists of the following modules: Kwik-Site, Kwik-App, Kwik-Decision, Kwik-Manage, Kwik-Connect and Kwik-Inquiry. These modules allow you to quickly build a web-site, accept online applications, manage these applications, make automated credit decisions, and allow your customer online access to their account(s). Kwik-Site is our “website in a box” solution. It contains several prebuilt templates, a content manager and is optimized to be found easily by Google and other popular search engines. The content manager allows you to post news, press releases, and more importantly, allows you to sell your repossessed assets. It is designed to get your site up and running quickly on the internet. If you have a logo you can be up on the net in a matter of days. We also offer logo design services, custom website development and ongoing SEO (search engine optimization) management.  Kwik-App is our consumer loan application module. It allows a consumer visiting your site to apply for a loan via our secure application. Applications can be approved or denied via Kwik-Decision. Pending applications that do not meet the criteria can be reviewed via the Kwik-Manage module.  Kwik-Manage is our tried and proven software solution for the consumer finance industry. It has been developed from the “ground up” using the latest techniques and technology available. The software was designed to be “parameter driven”, enabling the end user to control and manage the software without the need to wait for programming changes. The software has also been designed using a modular approach. Thus, routines that are reused within the software are stored in a central module and referenced in different programs throughout the software. This ensures accuracy in the software and facilitates software maintenance by making it easier and more efficient Kwik-Manage was created for the sole purpose of providing a complete computer software solution for consumer finance companies and other lending organizations. Kwik-Manage is a simple but powerful software package, designed to improve customer service, employee productivity, and management capabilities. Some of the features of the software include: Application/Loan Processing, Payment Processing, Item Tracking, Collections System, Extensive Reporting, Customer Solicitation, CRM, Laser Printing, Extensive On-line Help System, and Mail & Reminder System. The software runs in a real-time environment and uses one centralized database. This allows employees and managers to have constant, accurate information throughout the entire organization.  Kwik-Dealer is our web-based dealer loan application management solution. It allows your dealers to enter and securely manage loan applications. When used in conjunction with Kwik-Decision your dealers can get quick automated approvals even when your offices are closed. Your dealers also have the ability to securely print loan contracts and associated documents from the Kwik-Manage site.  Kwik-Decision is our automated underwriting module that can make credit decisions electronically. You can use our standard scoring module or design your own customized solution with the assistance of our credit decision partner. It’s a great solution for both consumer and dealer applications, allowing for quick credit decisions without human intervention. There are specific criteria that allow for either an automatic approval (if all your conditions are met) or automatic denials (if any of your base credit conditions are not met). The consumer or dealer will get an automated email of the credit decision. Any application that does not meet your approval criteria is placed into an underwriting queue for manual review and the customer is notified that the application is pending.  The Kwik-View solution allows your customers secure access to their account information. First time users will go through a simple sign-up process to create their account and, once authorized, can view basic account information. This can also be used as a tool to gather missing customer information such as telephone numbers or updated address information. A valid email address is required to sign up in order to contact your customer electronically for collections if necessary. We also provide free access to an Online Bill Pay service via our payment partner. This will allow your customer to make a payment via Credit Card, Debit Card or Electronic Check and allow them to setup recurring payments. The recurring payment information can be transmitted to you electronically to prevent double billing and duplication of effort. Other Solutions
Kwik-Card – Do you need a stored-value card solution for your loan proceeds? Compass can help, We can (via our card solution partner) offer you a standard or customized card product. If you use the Kwik-Manage product the card is automatically loaded when the loan is funded. You can also reload existing cards. This will not only increase your product offering but can be an additional source of revenue for you. Contact us for more details.
Kwik-ACH -– Do you need an ACH payment solution? We have an automated ACH processing module that can be used stand-alone or as an integral part of the Kwik-Manage product.
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Testimonials
Credit Central has been using EnCompass for more than a year and a half now. To begin with, the Compass staff was very helpful in converting our old data over to their real-time platform.
The b...
David Terrell, Credit Central
Previously, we were running on a system that required a server at each location. Our branches had to run daily reports and forward to the home office where we consolidated them for management review....
Brad McClure, Central Financial Services
By moving to the Compass Kwik-App program, Kitch as been able gain an edge on competitors by electronically providing all necessary loan documents to our indirect dealers. Dealers love the fact that ...
Chet Kitch, Kitch Companies
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