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Alfa Press Release
Alfa Presents Intelligent Automation in Alfa Systems 6 | Systemized decision-making through AI and rules-based workflows
July 25, 2024

Alfa, a leading provider of enterprise software for automotive finance, is proud to announce the launch of Intelligent Automation, the penultimate pillar of six that make up Alfa Systems 6 – a breakthrough iteration of the Alfa Systems software platform.

#5 Intelligent Automation harnesses cutting-edge cognitive technologies, including predictive modelling, to empower customers to create efficiency gains through a variety of intelligent, automated decision-making tools.

See Intelligent Automation in action:

Intelligent Automation in Alfa Systems 6 (Vimeo)

Andrew Flegg, Alfa’s Chief Technology Officer, said: “Auto finance providers are demanding more from their technology suppliers and departments, and full automation of basic processes is now a baseline expectation. By integrating cutting-edge AI and automating complex processes, with Intelligent Automation we are exceeding these expectations. Innovative tools like AskThea and Alfa Decisioning enable our customers to make smarter decisions, achieve exceptional efficiency, and stay ahead in a competitive, evolving market.”

Equipping customers with solutions that provide real functionality and real value, Intelligent Automation is designed to:

• Automate any and all of your processes: Alfa customers have the power to automate their processes to an extent that suits their business. Decision trees and nested rulesets, triggered by automated workflows, business rules, and APIs, allow a heuristics-driven intelligent experience at common customer touchpoints.
• Onboard and upskill people: AskThea, the conversational AI chatbot for Alfa Systems support and guidance, offers immediate insights for users seeking answers, available functionality and potential solutions.
• Onboard new products and processes: Using AskThea, business change professionals can quickly consult Alfa Systems documentation to understand workflow and other configuration changes needed to implement new processes, providing further flexibility and power.
• Understand and reduce portfolio credit risk: Alfa Decisioning, a brand new credit decision engine, combines with Alfa iQ‘s proven experience in predictive AI for dynamic optimisation of credit underwriting, with customer-specific modelling.

To find out more about how Alfa Systems 6 can transform your business, open up new revenue streams, and bring heightened productivity to your operation, visit alfasystems.com/6.

– Ends –

About Alfa Systems 6

Founded on six pillars, Alfa Systems 6 helps auto finance providers tackle the significant challenges they face, and seize the lucrative opportunities that lie waiting. It is delivered in a series of six releases that culminate in its full launch later in 2024:

• Efficiency, the first release in Alfa Systems 6, presented Compose: superpersonalized screen design.
• Total Capability, the second release, introduced Total Originations, an advanced originations product.
• Sustainability offers powerful new capabilities for providers driven by sustainability and changing business models.
• Scalability presents leading-edge functionality designed for providers looking to scale their business with flexibility and speed.
• The final pillar is Collaborative Ecosystem: Simple integration with market innovations and through Alfa’s trusted partner network.

To find out more about how Alfa Systems 6 can transform your business, open up new revenue streams, and bring heightened productivity to your operation, visit alfasystems.com/6. Alfa Systems 6 is frictionless for existing customers.

About Alfa

Alfa has been delivering systems and consultancy services to the global equipment and automotive finance industries since 1990.

Our best practice methodologies and specialized knowledge of asset finance mean that we deliver the largest and most complex systems transformation projects. With an excellent delivery history over more than three decades in the industry, Alfa’s track record is unrivalled.

Alfa Systems, our class-leading technology platform, is the heart and lungs of some of the world’s largest and most innovative asset finance providers. Satisfying leasing software requirements of all sizes, the cloud-native Alfa Systems represents an integrated point solution, a rapid off-the-shelf implementation, or an end-to-end platform for the complex global enterprise.

Alfa Systems supports both retail and corporate business for equipment, automotive, wholesale and dealer finance, including originations, servicing and collections. It manages both high-volume transactions and complex leases and loans, in any region, language and currency. Fully extensible and providing real-time insights, integrated workflow and business rules, alongside business decisions driven by machine learning, the opportunities that Alfa Systems presents to asset finance companies are clear and compelling.

With over 30 current clients and 38 countries served, Alfa has offices all over Europe, Australasia and the Americas. For more information, visit us at alfasystems.com or on LinkedIn.