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Daybreak Lending Suite Continues Momentum with Implementation at CAR Financial Services

Daybreak Lending Suite Continues Momentum with Implementation at CAR Financial Services

MUMBAI, India, April 27 /PRNewswire-FirstCall/ -- SuperSolutions Corporation, a wholly owned company of iflex(R) solutions (Reuters: IFLX.BO & IFLX.NS), announced today that it had completed the implementation of its enterprise-wide lending solution, Daybreak(TM) Lending Suite ("Daybreak"), at CAR Financial Services, Inc., headquartered in Lake Mary, Florida.

CAR Financial Services (CAR), dedicated to serving the needs of independent automotive dealers and automotive non-prime financial organizations, provides a stable source of funding and reliable service to its customers bolstered by the brand strength and track record of CompuCredit Corporation, its parent company.

CAR Financial Services adds to the list of Daybreak's ASP clients. The ASP offering, with its dedicated infrastructure and strict security features, has been customized to meet the requirements of the unique market segment in which CAR operates. Daybreak's flexible architecture allowed modifications to support CAR's specific business requirements and the successful four-month implementation and data conversion included the origination, servicing and collection modules of Daybreak.

Rick Potter, President of CAR Financial Services, states, "When CAR visualized the possibility of replacing its core system with a new system of record that would enable our ambitious growth plans we knew we faced formidable challenges. Compared to other major software vendors, the enterprise-wide solution provided by Daybreak Lending Suite not only expedited our replacement but delivered us benefits of efficiency and ease of operations." "Daybreak's integration personnel were very accommodating and professional throughout the conversion process," added Potter.

Commenting on the implementation, Sajal Mukherjee, CEO - SuperSolutions said, "We are pleased to see the traction that Daybreak solution is enjoying in North America. Our focus has always been to ensure customer success and our effort at CAR Financial Services has been to deliver an enterprise-wide, cost- effective solution enabling them to gain greater efficiency."

About SuperSolutions Corporation

SuperSolutions Corporation, an i-flex solutions company, based in Eden Prairie, Minnesota, offers Daybreak Lending Suite, a comprehensive consumer lending system, that automates all aspects of financing, from origination to servicing and collections. It is designed to help finance companies and banks manage consumer loan portfolios, including those for automobiles, recreational vehicles, boats, motorcycles, home improvement, home equity lines of credit and other specialty finance requests, efficiently and cost effectively. The fully web-enabled application is scalable, user-configurable and user- friendly. For more information, visit http://www.supersolutions.com/, e-mail [email protected], or call 800-320-2125.

About i-flex solutions

i-flex(R) solutions (Reuters: IFLX.BO & IFLX.NS) is a world leader in providing IT solutions to the financial services industry, with more than 600 customers in over 120 countries. i-flex's range of products, custom solutions and consulting services enable financial institutions to cut costs, respond rapidly to market needs, enhance customer service levels and mitigate risk.

i-flex solutions

CONTACT: Sunil Robert of i-flex solutions,
[email protected]

Web site: http://www.iflexsolutions.com/

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