In a strategic move to improve customer screening and onboarding processes, Octopus Electric Vehicles, an EV specialist, has chosen LendingMetrics’s ADP, a cloud-based service.
In a press release, Octopus EV said it was impressed by ADP’s user-friendly interface, customisable decision engines, and integrations with major Credit Reference Agency (CRA) data and Open Banking platforms.
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David Wylie, Commercial Director of LendingMetrics, emphasised the platform’s suitability for back-office scalability during business expansion and said ADP facilitates real-time creation and manipulation of delivering automated decisions.
Established in 2017, Octopus Electric Vehicles offers services covering advice on financing, maintenance, home-charging installations, specific EV tariffs, and assistance in purchasing electric cars. Octopus EV’s approach involves providing a diverse range of EVs from manufacturers such as Nissan, BMW, Jaguar, Audi, Mercedes, VW, and Tesla.
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