Overview

SFP Digital Audit is a cloud-based asset management solution designed to revolutionize inventory auditing and risk management for floorplan and wholesale asset finance lenders. By transitioning to self-auditing, the platform significantly reduces the need for traditional physical audits, leading to substantial cost and time savings. Leveraging advanced technologies such as artificial intelligence (AI), machine learning, and API integrations, SFP Digital Audit offers real-time dynamic risk management. Its app and cloud-based architecture ensures easy deployment, scalability, and predictable operational costs.

Features and Capabilities

• Multiple Audit Methods: Offers a variety of auditing methods, including NFC, secure image capture, live video streaming, and compressed video, allowing for flexible and efficient audits tailored to specific operational needs.
• Simple Pricing Model: Provides a straightforward, all-inclusive pricing model with a fixed monthly fee per location, covering unlimited audits, training, report creation, and functionality updates, ensuring predictable costs without unexpected expenses.
• Proven Integrations: Seamlessly integrates with established platforms like Sopra Finance Platform and Salesforce, and supports extensive API-based integration with third-party systems and data sources, enhancing operational efficiency.
• Cost Savings: Achieves up to 50% cost savings over traditional physical auditing models by eliminating travel expenses and reducing employee time spent on audits.
• Time Efficiency: Enables digital self-auditing, resulting in time savings of over 40%, allowing employees to focus on core business activities while maintaining comprehensive floor plan stock audits.
• Environmental Benefits: Reduces or eliminates the need for auditors to travel, contributing to a lower environmental footprint and supporting sustainability goals.
• Rapid Deployment: Features an app and cloud-based solution that requires minimal capital expenditure, facilitating quick deployment and ease of use, supported by an experienced team to maximize return on investment.
• Real-Time Issue Identification: Provides real-time identification and rectification of issues, enhancing risk management and operational responsiveness.
• Global Auditing Capabilities: Supports simultaneous group and network auditing capabilities globally, ensuring consistent and efficient audits across multiple locations.
• Modular Solutions: Can operate as a standalone asset inventory software or be combined with other SFP products, legacy systems, or third-party integrations to meet diverse customer needs and expectations.
• Intelligent Business Rules: Utilizes AI and machine learning to equip customers with fully configurable business rules, aligning risk management requirements throughout the contract lifecycle.
• Fixed Fees: Offers a standard fixed monthly fee per location linked to banded network size, allowing for audits as needed without incremental charges based on audit frequency or risk requirements.
• Analysis and Augmentation: Delivers deeper, actionable risk insights with risk modeling, combining asset management systems, business rules, and organizational processes to enhance decision-making.