Nissan Motor Acceptance Corp. plans to overhaul its wholesale management system by September to provide dealers with real-time functionality, the captive’s President Kevin Cullum told Auto Finance News.
The long-term project kicked off in August 2016, with an aim to be completed within 18 months, but the project ended up taking longer for a number of reasons, Cullum said.
“The wholesale system that we have currently is over 18 years old,” he said. “It’s an overnight-backed process legacy system, which is not user-friendly for either our dealer customers or employees. Because of this, there is a lot of work that needs to be done to actually pull it out and replace it.”
The new system will provide “realtime graphical interface functionality, which will greatly reduce the manual efforts that are required — both internally and externally,” Cullum added. “Needless to say, we are very excited about the project and to bring it to an end, but we want to make sure we are doing it right.”
The real-time system will include interest costs and amounts outstanding, elements lacking in NMAC’s current system, Mark Kaczynski, the company’s former president, told AFN at the time the project kicked off.
Nashville, Tenn.-based NMAC had 1.7 million lease and loan contracts outstanding as of Sept. 30, 2017, according to a Moody’s Investors Service pre-sale report.Like This Post