ADP Credit 3.0 Integration

Introducing the ADP Credit 3.0 release 

ADP is pleased to announce ADP Credit version 3.0.This release includes the following new features and workflow improvements. 

 

Compliance Products 

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Mandatory ADP Red Flag with First Credit Inquiry 

ADP Credit now provides the ability to lock the Red Flag inquiry so it automatically runs as part of the first credit inquiry transmission for each consumer.  

User cannot circumvent the execution of Red Flag when set to “Locked.” 

You can also re-run a Red Flag report for a consumer on demand. 

 

Adverse Action Letter Enhancements 

You can now print a one-off letter as you process each deal. 

You can now batch-print letters on a daily or weekly basis. 

Adverse Action is now included as a compliance product on the Compliance Scorecard. 

 

New Compliance Icons on Summary Screen 

Summary Screen and Inquiries now use green or red icons to quickly reference complete or incomplete consumer check status. 

 

Contract Validation 

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ADP Credit enables an eContracting solution for Mercedes-Benz. Integrating with this solution requires FK575. The integration for Mercedes-Benz provides contract decisions and a sequence number to ADP Credit once a contact has been fully verified by Mercedes-Benz Financial. This integration eliminates potential errors when sending the contracts to Mercedes-Benz, and significantly reduces the turnaround time for funding. 

 

Seamless, Simple Process 

Pull data directly from F&I.  

Add any missing MB required fields.  

Transmit your contract and see the validation results in less than 10 seconds. 

 

Storage of Validation Results 

Store the validation results for the life of your contract.  

Re-print the validation report on demand. 

Print Validation Number on Your Retail Installment Contract and Lease Agreements