Internet Quik Quote (iQQ™)

iQQ™, the internet based quoting software licensed to our affiliate Allied Solutions, offers an integrated solution for lenders to sell and manage retail products, such as GAP and MBP. The iQQ software also includes a payment calculator with the option of including credit insurance for payment estimation purposes.

Benefits for the financial institution:

• Accurate Quoting. Because iQQ is an internet based application, rate tables, class codes, eligibility rules, forms and applications are always up-to-date. iQQ also provides VIN validation for accurate quoting.
• Easy Quote Preparation. iQQ provides “Advanced Quoting Technology” for handling surcharge options. Only relevant options are presented for each vehicle; unnecessary questions are not asked.
• Easy Quote Management. iQQ stores and manages all quotes.
  Informed Management. iQQ provides production reports by branch and by employee so management can easily track sales.
• Motivated Employees. iQQ provides a system to track incentives owed to employees.
  Teamwork Is Encouraged. iQQ’s Incentive Tracking system provides the ability to split the incentive between “Quoter” and “Issuer”.
• Convenient Quote Delivery System. iQQ is email enabled. Quotes can be conveniently emailed to recipients or alternatively, they can be printed.
• Easy Lender Administrative Interface. iQQ provides a lender administrative interface for instant preparation of remittance reports, incentive statements and production reports.
• Secure. iQQ utilizes SSL (Secure Socket Layers) for end-to-end secure transactions. iQQ also utilizes individual user authentication.
• Easy Tracking. iQQ provides an event logging system to track all system or user invoked events as a quote proceeds throughout its lifecycle from preparation to issuance to fulfillment.
• Paperless. iQQ provides an Electronic Workflow system that allows an application to move “electronically” and without paper from the loan officer to Allied Solutions to the underwriter.
• Provides Opportunity to Increase Loyalty. iQQ provides “Best Plan Determination” for MBP. By answering two additional questions iQQ is able to recommend a Plan that best fits the buyers expected ownership duration and expected miles to be driven. This plan is not necessarily the most expensive – it is the one that provides the best value to the buyer.
• Increased GAP Sales. iQQ provides “Show The GAP!” to visually demonstrate the GAP between the buyer's loan balance and projected vehicle residual value over time.
• Better Client Support. iQQ provides Live Operator (Chat) Support during business hours. This provides a convenient method of quickly reaching product administrators for quick answers.
• Expanded Sales Opportunity. iQQ provides an option to link the lender’s existing commercial web site to iQQ for 24x7 self-service member/buyer quoting.

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