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PowerBridgeYour Tool To Stay Connected
Speed, accuracy, and efficiency are critical components of success and PowerBridge™ provides the tools necessary to keep its business partners connected.
PowerBridge™ is a technology solution that electronically connects Aimbridge’s lending systems to customers’ core processing systems creating a real-time channel for transmission of data. PowerBridge is accessed using the Aimbridge workflow management system, and the AimbridgeConnect™ suite of lending tools.
PowerBridge for Lenders - Solution Benefits
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Real-time credit union membership verification
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Better, more informed credit decisions
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Automated product cross-selling opportunities
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Deeper, more consistent, automated credit decisioning
PowerBridge for Dealers – Solution Benefits
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Dealer Management System integration to AppLine™
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Auto-population of loan application data to and from the DMS
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Support of eContracting and eDocument Fulfillment
PowerBridge is currently used by credit unions for everything from real time membership verification to creating brand new member accounts in the CU’s core systems. As applications are submitted to Aimbridge from the dealership via AppLine™, the Aimbridge online application tool, PowerBridge will check to see whether or not the applicant is a member of a credit union on the Aimbridge program. If membership is verified, PowerBridge will pass back name, address, and member status information to pre-populate AppLine’s application screens. If membership is not found, AppLine will walk the dealership through the process of determining whether or not the applicant can become a member of a local area credit union.
Powerbridge is currently used by auto dealerships to load credit application data directly into AppLine from their Dealer Management System (DMS). PowerBridge provides the dealer the ability to enter a DMS deal ID and, at the click of a button, retrieve all application information and populate AppLine data fields. This process drastically reduces the time it takes to submit loan applications and cuts back on the chance of any data entry errors.
PowerBridge is built on the latest Microsoft technologies and takes advantage of 128 bit SSL key encryption standards. PowerBridge is a Microsoft .NET application using Web Services. By using Web Services, there is no need for large software installs or downloads to get up and running. For most solutions, a small “plug-in” is needed to make the connection and begin to pass data.
David Lindsey, Vice President of Technology at Aimbridge
“With this type of connectivity in place, the sky’s the limit in terms of what we can accomplish in the name of productivity and efficiency. Everything from quicker, more accurate loan booking and processing, to deeper credit decisioning and reporting, to the ability to research member accounts and provide cross-selling opportunities, become realities with PowerBridge.”
“In the past few years, the automotive dealership market has really awakened to the power of today’s technology. Aimbridge believes that the only way for lenders to continue to compete in this industry is to provide dealers with the best and most efficient lending tools and processes. We believe PowerBridge does just that.”
“It is our goal to continue plugging the manual, time-intensive holes in the lending process by adding to our proprietary lending solutions with the best connectivity options available. With PowerBridge, we are able to begin to tie these systems together from the point of sale to the lender.”
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"Aimbridge believes that the only way for lenders to continue to compete in this industry is to provide dealers with the best and most efficient lending tools and processes. We believe PowerBridge does just that.”
David Lindsey Vice President Technology
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