Automating Automotive Financing Applications For Brokers and Financiers

Red Planet Software Launches Car Loans Management Application

Tuesday, December 3, 2013. Brisbane, Australia. Red Planet Software, a leading provider of cloud-based funding applications for the financial industry. Today, Red Planet Software announced the release of its Car Loans Management application as part of the Odyssey range of solutions. This application can be implemented by funding providers offering secured and unsecured loans to both consumer and commercial borrowers. The Car Loans Management application will enable funders that use Red Planet’s solution greater flexibility for processing, approving and managing financing for their clientele.

The application provides repayment calculations and integrates with real-time approval processes, and electronic client authorisations. This will significantly reduce the time it takes to process applications and streamline the associated administrative tasks involved.

The Red Planet application is the next step in offering diversity and enhancing its cloud based and mobile solutions for the financial services industry. “We’re excited to release this innovative application. Our goal is to continuously provide our customers with feature-rich, affordable and easy-to-use solutions that are flexible and responsive to client needs,” says Peter Williams, CEO of Red Planet Software.

Odyssey Car Loans Management applications sees the introduction of a new web based graphic interface and menu structure along with features such as quoting, loan management, payment collection and an integrated general ledger.

For further information, please contact Red Planet Software on +61 7 3376 6214 or email

Click here for a demonstration of the Odyssey Car Loans Management application.