This week, defi SOLUTIONS rolled out its newest product offering defi SERVICING, a loan management and servicing system (LMS) along with an opportunity for auto finance companies to shape their roadmap for 2017.

The company highlighted the defi SERVICING LMS can give finance companies the same configurability and control that the defi LOS (loan origination system) provides to more than 70 finance companies today.

“We are instilling our vision of configurability, connection, and community into our new servicing system,” says Justin McClintick, program director of LMS for defi SOLUTIONS. “We’re inviting our clients to get in now on the ground floor to help drive the expansion of our servicing system into one that provides exactly what their company needs to take their servicing to a whole new level of efficiency and effectiveness.”

Like the defi LOS, the LMS system is fully configurable by finance companies, so there is no more waiting on IT or a vendor to make the changes needed to drive performance. Capabilities include real-time payment processing, loan adjustments, and extension processing.

The servicing system offers all the basics, like due date change eligibility, tracking, user defined queues and balancing, as well as advanced features like custom field creation and the ability to design each page of the system.

“Lenders should have the autonomy to make changes in their business systems when and how they want. That belief is at the core of everything we create at defi,” said Stephanie Alsbrooks, chief executive officer and founder of defi SOLUTIONS. “Together with our lending community, we’re bringing freedom to lenders by making technology solutions that make lending better for all.”

To get on board now and influence the development, finance companies are being encouraged to go to defiSERVICING.com where they can submit their contact information and join the community of servicing system experts who are driving the future in auto financing.

In addition to the new LMS offering, defi SOLUTIONS recently announced the release of defi ANALYTICS, an intuitive configurable reporting system that can give finance companies complete control over report access and design.