Last Updated
Overview
Solifi delivers end-to-end software solutions for the automotive and equipment finance industries. Though maximizing its vast customization options takes time, the software’s capacity for real-time data insights facilitates smarter decision-making. Overall, Solifi stands out as a reliable choice for businesses facilitating high-volume asset finance transactions.
Be the first one to leave a review!
No review found
Starting Price
Custom
Solifi Specifications
- Driver Management
- Compliance Management
- Reporting & Analytics
- Asset Management
What Is Solifi?
Solifi offers a unified Open Finance platform to manage secured finance operations across automotive, equipment, and fleet finance. The software automates the full asset lifecycle, from origination and credit decisioning to portfolio management and end-of-term processing. By centralizing data and workflows, Solifi helps large-scale lenders and lessors reduce risk, ensure regulatory compliance, and improve operational efficiency across global markets. Overall, it addresses the complex needs of high-volume asset management.
Solifi Pricing
The estimated Solifi cost falls between $5,000 – $10,000/month, according to industry benchmarks for similar solutions from its niche. This price range is for general budgeting purposes only, as the actual cost varies based on the usage volume and other factors.
Disclaimer: Pricing references are based on publicly available third-party information and industry benchmarks. Actual costs may vary.
Solifi Integrations
The software supports integration with multiple platforms, such as:
- Docusign
- Validis
- Vertex
- LimePoint
- Lenvi
Who Is Solifi For?
Solifi is ideal for a range of industries for their financial operations, including:
- Automotive
- Fleet management
- Wholesale
- Consumer goods
- Equipment manufacturing
Is Solifi Right For You?
Solifi is the ideal choice for enterprise-level financial institutions seeking a scalable and unified Open Finance platform. Its SaaS-based architecture enables you to securely connect systems and automate workflows. With rigorous compliance standards such as SOC type certifications, it ensures data integrity across global operations. All in all, Solifi empowers lenders to reduce risk and drive growth effectively by streamlining the entire asset lifecycle. That’s why it remains a go-to platform for various leading names, such as Rosenthal, Apex Commercial Capital, and RayTech Servicing.
Still not sure about Solifi? Contact our support team at (661) 384-7070 for further guidance.
Solifi Features
Risk Management Automation
Users can gather deep insights via integrated APIs to manage credit requirements effectively. This feature allows businesses to effortlessly implement risk-based pricing and finance capabilities. Therefore, it enables automated scoring and faster, more accurate credit decisions to mitigate portfolio risk.
Full Quotation Capability
The platform supports complex, multi-vehicle configurations and quotations tailored for fleet managers. It accommodates product variations, value-added products (VAP), residual value (RV) adjustments, and service, maintenance, and repair (SMR) adjustments. In this regard, it ensures accurate and flexible quoting for diverse needs.
Deal Flow Management
Solifi enables users to execute several deal flow processes simultaneously, significantly speeding up operations. By optimizing the origination pipeline, teams can close deals faster and maintain a smooth workflow from application to final contract execution.
Vehicle Locator
Users can complete comprehensive searches across a preferred dealer network to locate specific assets. This tool covers all franchised dealers, manufacturers, funders, and special offer vehicle inventory. Therefore, Solifi helps fleet managers find the right vehicles quickly to meet customer demands.
Mileage Data
Solifi provides maximum data mileage accuracy to support critical vehicle management decisions. By leveraging precise technical data, businesses can better forecast residual values and running costs. Furthermore, it ensures that fleet assets are valued correctly throughout their lifecycle for optimal profitability.
Pros And Cons of Solifi
Pros
Automates complex credit decision workflows efficiently
Centralized data improves portfolio visibility significantly
Supports diverse asset finance product types
Cons
Workflow automation requires detailed rule definition
Reporting dashboards need manual configuration setup
Solifi Reviews
No reviews yet!
Be the first to review this product
Frequently Asked Questions
Does Solifi offer an API?
Yes, Solifi offers an API.
Does Solifi have a mobile app?
No, Solifi does not offer a standalone mobile app; however, it is easily accessible on mobile devices.
What language does Solifi support?
Besides English and German, Solifi is available in a total of five different languages.
What other apps does Solifi integrate with?
Solifi software integrates with various third-party platforms, such as Docusign, Validis, Vertex, LimePoint, and Lenvi.
What types of pricing plans does Solifi offer?
The estimated Solifi price typically ranges between $5,000 – $10,000/month, according to industry benchmarks for similar solutions from its niche. Request a personalized Solifi pricing quote for your business.
Who are the typical users of Solifi?
The typical users of Solifi features are from different industries for their financial operations, including automotive, fleet management, wholesale, consumer goods, and equipment manufacturing.
What level of support does Solifi offer?
Solifi provides support through phone, form submission, help center, and general resources, such as blogs and e-books.