How much time and money do you spend auditing your assets?  

Physical only audits are becoming a thing of the past. They are expensive, inefficient, time-consuming, and open to fraud and human error. SFP Digital Audit is a safe, accurate, and secure auditing solution to support your floorplan operations with dealer self-service functionality. Our customers have seen on average time savings of over 40% and cost savings of up to 50% compared to traditional physical audits.

A faster, more cost-effective asset auditing solution 

Enhance risk management and accelerate digital transformation with self-service audits 

SFP Digital Audit enables floorplan and wholesale asset finance lenders to transform their inventory audit and risk management processes by moving to a ‘hybrid auditing’ model and spending less time auditing assets in the traditional physical way. By implementing ‘self-auditing’, individual locations can audit assets in a faster, smarter way, enabling organizations to reduce travel to individual locations but increase visibility across the wider business. App & Cloud based, the solution is easily deployed and scaled with predictable operational costs. 

  • Multiple audit methods – market unique & ‘best fit’ deployment
  • Simple ‘all in pricing model – giving low and predictable costs with no surprises
  • Established SBS, Salesforce and third-party data integrations
  • Up to 50% cost savings over traditional physical auditing models
  • Real-time issue identification and rectification actioning
  • Simultaneous group and network auditing capabilities globally
Asset management software - process of asset audit software, steps of the digital audit

How does it work?

Learn more about SFP Digital Audit and how it will revolutionize your business

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    Save up to 50% on costs

    Reduce travel costs and employee time without compromising risk management.

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    Time savings of over 40%

    Self-service auditing is faster and more efficient, freeing employees to focus on critical tasks.

  • Better for the planet

    Reduce or remove the need for auditors to travel, meet ESG goals and lower carbon footprint and CO2 emissions.

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    Rapid roll-out

    User friendly app and cloud-based solution, with support from experienced team of experts.

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    Proven integrations

    Established SFP and Salesforce integrations, with further scope for API-based third-party systems and data sources.

  • Simple 'all-in' pricing model

    Single price per location pricing model, with limitless audits, training, reports and functionality updates.

Asset finance software for Vero Technologies

They trust us

  • Vero Technologies

  • V12 Vehicle Finance

Vero Technologies provide inventory financing for dealers of manufactured goods across the United States. Having selected Sopra Financing Platform’s Wholesale solution to run their floorplan lending capabilities, Vero decided to implement digital audit technology – SFP Digital Audit.

By using the capabilities of SFP Digital Audit, Vero have not only been able to help their customers achieve more positive outcomes but have also developed more trusted relationships with them. Digital tools and SFP Digital Audit specifically, allows them to coordinate audits with their dealers at scale, verify control of their floored assets throughout the United States and maintain a clear line of communication with their dealers digitally; all without disrupting day-to-day business operations with onsite physical audits.

In 2019 V12 Vehicle Finance launched a new stock funding business to UK car dealers. Risk mitigation on inventory was a key consideration.

SFP Digital Audit was chosen as the primary solution to deliver about 70% of audits, while a 3rd party audit team performed the balance, in a hybrid model. Configurable rules, limitless usage pricing and intelligent automation were key factors in the SFP contract award.

During COVID restrictions, SFP performed 100% of audits, utilizing a new audit type allowing V12VF to maintain audit schedules without impacting risk. Further enhancements (including Live Stream & Open Bank Integration) continue to be introduced.

        Bring your company into the digital age with an innovative asset management system  

        SFP Digital Audit helps to transform old, inefficient, expensive, and reactive risk methodologies, prioritizing floorplan risk mitigation in a solution that improves accuracy, efficiency, and saves you money that is free from limits, compromise, or penalty.  

        Request a demo of our self-service auditing software and learn more about how SFP Digital Audit will help transform your business. 

        World-leading digital risk management software

        • icon modular solution

          Modular solution

          Combines features such as inspection pre-fund, asset valuation, asset registration, general ledger, and retail loan with wider SFP platform.

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          ‘Best Fit’ auditing

          NFC, secure image, live video streaming, and other methodologies are supported by GPS validation of asset being audited.

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          Tailored deployment

          Delivers risk management in the way you need it as a standalone solution or with other SBS or SFP products, legacy systems, and API integrations.

        • Intelligent business rules icon

          Intelligent business rules

          Using machine learning, SFP Digital Audit equips customers with fully configurable business rules to match risk management requirements.

        • Fixed fees icon

          Fixed fees, no surprises

          Simple, standard fixed monthly fee per location linked to banded network size where audits frequencies and risk requirements do not impact charges.

        • Analysis and augmentation icon

          Analysis and augmentation

          Delivers value-added, actionable risk insights with risk modelling, combining asset management system, business rules and organizational processes.