TUNBRIDGE WELLS, England, March 10, 2015 /PRNewswire/ --
Blue Motor Finance now use Bonafidee's e-signature solution to offer customers the option of signing their credit agreement online in a matter of minutes. Blue needed to offer the best service to dealers with the capacity to release a car as soon as a customer had signed an agreement.
Bonafidee's e-signature helped streamline Blue's closing process and ensured dealers received funds more quickly. The solution reduced the buying process considerably as it takes far less time to go through than printing paper documents. You only have one set of documents so there can be no discrepancies and there are also fewer errors which prevent the contracts from being rejected or being sent back for more information to be completed.
With Bonafidee's e-signature a person's identity can quickly be checked at the same time, thereby ensuring that it is the correct person signing the document. Comprehensive, detailed ID checks can be undertaken using Bonafidee against UK credit referencing agencies, passports, driving licences and bank/credit cards. By cross referencing a number of data sources you can be assured that it is the correct person you are dealing with in a matter of minutes.
Bob Jones, Executive Chairman of Blue Motor Finance commented "Using this new technology, Blue improved business operations with increased automation, providing a greater customer experience. We can now provide secure, compliant and enforceable e-signatures that increase accuracy and reduce paperwork. Customers are offered a simple, transparent application process."
About Blue Motor Finance
Blue Motor Finance have specialised in all types of consumer finance since 2005. Their specially developed flexible web-based scorecard system can enable partners to dramatically improve sales by offering potential customers the most competitive finance possible - with speedy decisions and minimal admin.
Bonafidee specialises in real-time, anti-fraud technology solutions which can be accessed instantly via the web or provided as an integrated solution.
Quick and easy to implement, Bonafidee's ID verification service and e-signature can protect your business from the risk of fraud. A customer's identity can be verified immediately and important documents can then be electronically signed, ensuring that documents are signed by the verified person present, creating a seamless transaction from verification to signature.
Using Bonafidee could not be simpler as no software or training is required.