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Megasys Makes the Top SubPrime175!

Megasys is thrilled to be selected as a top leader in the auto finance industry for the 11th consecutive year!

Megasys has been the leader in complete loan servicing systems for the automotive finance industry for over 40 years. We provide customizable software solution platforms for finance companies of every size, from startup up businesses to major corporations. Our clients currently service 3 million active accounts and processed over 2 million applications, with $9 billion in transactions.

Check out our listing: SubPrime175

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Megasys Reflection 2023

MegaNews: 2023 Reflection

2023 celebrated a successful year of customer base growth. This past year we added several new features and enhancements to improve the Omega Loan Management System experience. Here’s a recap of the most notable features released!

OmegaAnalytics provides a user-friendly graphical interface to your Omega data. Omega Analytics puts the power of your consumer data in your hands. You can quickly create your own reports, charts, graphs, and dashboards using real-time data from your Omega system. You can setup alerts to notify you when an event happens.

OmegaSign is our eSignature integrated solution powered by Crypton. Supports ID verification and eVaulting with watermark (ECCA). View all completed documents in the Omega Account view.

OmegaMailer can mail billing statements, late notices, and other documents directly from your Omega system. OmegaMailer is powered by FSSI, a premier provider of document outsourcing technology.

OmegaScan – scan directly into Omega with any supported Twain complaint device!

Seamlessly create a case in RDN within Omega’s Repo Tracking module.

New Integrated Payment Partner! Offers Omega Loan Servicing system clients the ability to accept ACH, credit card or debit card payments directly within the Omega system.

New Integrated Credit Inquiry Partner for Experian, Equifax, and TransUnion. Supports new credit (hard) pulls and soft pull credit inquiries used to pre-qualify a customer without affecting their credit score.

Omega App Portal Applications submitted from the application portal are imported directly to Omega Originations for decisioning.

PassTime’s latest wireless device Encore, is now supported in Omega to auto-locate and conserve battery.

Request a FREE Demo Today!

800-927-4490
sales@megasys.net

MegaBash New Features Announced!

The Megasys Bi-Annual MegaBash event was a success due to the outstanding support from customers and associate sponsors!

Several new features were announced. The most notable Omega Loan Management System newly released features are:

Omega Analytics

Omega Analytics provides a user-friendly graphical interface to your Omega data. Omega Analytics puts the power of your consumer data in your hands. You can quickly create your own reports, charts, graphs, and dashboards using real-time data from your Omega system. You can setup alerts to notify you when an event happens.

OmegaSign

eSignature integrated solution built into Omega powered by Crypton. Supports ID verification and eVaulting with watermark (ECCA). View all completed documents in the Omega Account view.

OmegaMailer

OmegaMailer can mail billing statements, late notices, and other documents directly from your Omega system. OmegaMailer is powered by FSSI, a premier provider of document outsourcing technology.

OmegaScan

Scan directly into Omega with any supported Twain complaint device!

RDN

Seamlessly create a case in RDN within Omega’s Repo Tracking module.

Repay

New Integrated Payment Partner! Offers Omega Loan Servicing system clients the ability to accept ACH, credit card or debit card payments directly within the Omega system.

700Credit

New Integrated Credit Inquiry Partner for Experian, Equifax, and TransUnion. Supports new credit (hard) pulls and soft pull credit inquiries used to pre-qualify a customer without affecting their credit score.

Loan Application Portal

Applications submitted from the application portal are imported directly to Omega Originations. URL can be embedded to your website to direct applicants to your portal

Loan Application is part of your Customer Portal and branded with your company image/logo.

PassTime Encore

PassTime’s latest wireless device is now supported in Omega to auto-locate and conserve battery

If you are interested to learn more about Omega, please contact the Megasys sales department at 800-927-4490 or email sales@megasys.net.

Visit with Megasys at the 2023 LFA and MCFA Joint Conference!

Megasys will be attending the joint Louisiana Finance and Mississippi Consumer Finance Association Conference June 7 – 9 at the Perdido Beach Resort in Orange Beach, AL.

We look forward to visiting with customers and associate members of LFA and MCFA.

To schedule your FREE Omega demo, contact:

Megasys Sales Department
sales@megasys.net
(800) 927-4490

700Credit – New Partner integration!

Megasys and 700Credit Announce Partnership

Megasys has partnered with 700Credit for pulling credit reports from all three major agencies: Experian, Equifax, and Transunion directly within the Omega Originations and Servicing Loan Management System.
Key Integrated Features Include:
  • A 700Credit report containing up to three scores along with trade line information can be requested and received during the loan entry process through the Omega Originations and Servicing Systems.
  • Credit reports are stored on the 700Credit server and can be re-accessed indefinitely.
  • New Credit – Hard pull credit inquiry. A full credit report will be pulled with an auto loan summary.
  • QuickQualify – Soft pull credit inquiries are used to pre-qualify a customer (QuickQual) without affecting their credit score. A full credit report will be pulled with an auto loan summary.
About 700Credit:

700Credit is the largest provider of credit reports, compliance products, soft pull services and identity verification & fraud detection to over 20,000 Automotive, RV, Powersports and Marine Dealers in the US. The company’s product and service offerings include credit reports, soft pull products such as prescreen, and pre-qualification, identity verification & fraud detection and preventions solutions, score disclosure notices, adverse action notices, driver’s license authentication solutions and much more.

Get Signed Up Today!

  • There are NO Megasys setup or recurring costs!
Click here for 700Credit inquiries

New Omega Feature: PassTime’s Encore GPS Wireless Device!

PassTime’s Encore Wireless GPS Device is Now Supported!

Go Wireless with Encore GPS!

Locate, Monitor, and Protect your Assets!

PassTime’s Encore battery-powered GPS solution provides the ability to track, monitor, and protect your assets directly within the Omega Servicing Loan Management System.

Encore Wireless GPS Benefits include:

  • Pin-point GPS tracking
  • Advanced battery technology (up to 4+ years of battery life)
  • A simple self-activation process to use the device when you are ready
  • Integrated power modes that allow you to maximize power life with the features that fit your needs

Integrated power-mode options include:

  • Endurance: Auto locates the asset twice per day
  • Trip: Reports the location of the asset at the end of a trip when the asset is not moving
  • Active: Tracks the asset when it is moving and reports its location when it is stopped
  • Recovery: Locates asset while it is moving and when it is stopped

Get Started Today!

If you are interested in getting signed up for the PassTime integration or to learn more about the Omega Loan Management System, please contact the Megasys Sales Department at 800-927-4490 or email sales@megasys.net.

Customer Portal – Paperless Feature

Customer Portal – Paperless Feature

Go Paperless!

Save time and money on postage and mailing

The Customer portal provides your customers a personalized self-service option and helps reduce customer service calls. Your customers can view their account information, payment history, complete payment transactions, submit messages, view, and upload documents, including documents that you make available to them through your Omega system.

Paperless feature:

  • Ability in the Customer Portal for your customers to turn on paperless documents and not receive paper mail.
  • New control within Omega Documents > Form Manager to allow the system to still create paper statements/documents for paperless Omega Customer Portal users or completely stop paper copies based on each document template’s setup in the Form Manager.

Get Started Today!

If you are interested in getting signed up for the Customer Portal or to learn more about the Omega Loan Management System, please contact the Megasys sales department at 800-927-4490 or email sales@megasys.net.

STOP BY THE MEGASYS BOOTH – AFSA INDEPENDENTS 2023

Megasys will be attending the AFSA Independents Conference, April 18 – 20 at the Aria Resort and Casino in Las Vegas.

We look forward to visiting with customers and associate members of AFSA.

Stop by booth # 20 for your chance to WIN a Beautiful Bottle of Dulce Amargura Anejo Tequila!

To schedule your FREE Omega demo, contact:

Megasys Sales Department
sales@megasys.net
(800) 927-4490

Megasys Makes the Top SubPrime175!

Megasys is thrilled to be selected as a top leader in the auto finance industry for the 10th consecutive year!

Megasys is the leading provider of complete loan servicing systems for the consumer finance industry. Omega is a complete financial loan management system. Our fully-integrated GL and AP systems, configurable workflows, self-service portals, customizable reports, and secure document storage system are just a few included features!

Check out our listing:

SubPrime175

 

To schedule your FREE Omega demo, contact:
Megasys Sales Department
sales@megasys.net
(800) 927-4490

OmegaScan New Supported Area!

OmegaScan

Scan documents directly into the Omega Loan Management System from any PC!

OmegaScan Integration powered by Dynamic Web TWAIN

Since the release of OmegaScan this past fall, we have added the ability to scan documents within the following menus:

  • AP Voucher Entry – New!
  • Vendor Maintenance
  • Dealer Maintenance
  • Document Manager – includes option to move or link documents to a customer’s account

Scanning functionality is supported for TWAIN complaint devices using any mainstream browser (Chrome, Firefox, and Safari) on Windows, macOS, and Linux.

For current Omega subscribers, OmegaScan is a self-service feature. For pricing and activation, simply go to the Omega main menu, Setups -> Optional Features.

Get Started Today!

If you are interested to learn more about Omega, please contact the Megasys sales department at 800-927-4490 or email sales@megasys.net.

OmegaScan now supported in new areas!

OmegaScan

Scan documents directly into the Omega Loan Management System from any PC!

OmegaScan Integration powered by Dynamic Web TWAIN

Since the release of OmegaScan this past fall we have added the ability to scan documents within the following menus:

  • Vendor Maintenance
  • Dealer Maintenance
  • Document Manager – includes option to move or link documents to a customer’s account

Scanning functionality is supported for TWAIN complaint devices using any mainstream browser (Chrome, Firefox, and Safari) on Windows, macOS, and Linux.

For current Omega subscribers, OmegaScan is a self-service feature. For pricing and activation, simply go to the Omega main menu, Setups -> Optional Features.

Get Started Today!

If you are interested to learn more about Omega, please contact the Megasys sales department at 800-927-4490 or email sales@megasys.net.

2023 Month-end Saturday & Holiday Schedule

Megasys provides support if the last day of the month falls on a Saturday. Megasys will provide support on the following 2023 Saturdays for month-end specific support and emergency situations:

Saturday, September 30: 7:00 a.m. – 12:00 p.m.

 

2023 Holiday Schedule

(office will be closed)

May 29 – Memorial Day
July 4 – Independence Day
September 4 – Labor Day
November 23 – Thanksgiving Day
December 25 – Christmas Day

Questions? Please contact Megasys Support at 714-952-9554 or support@megasys.net.

Megasys – 2022 Reflection

2022 celebrated another successful year of Omega customer base growth. This past year we continued to add new features and enhancements to improve the Omega Loan Management System experience. The most notable major enhancements are expected for release early this year!

Notable features released in 2022:

  • OmegaScan – Allows users to scan documents directly into Omega from any PC.
  • Customer Portal Paperless Feature – Self-service option added for customers to turn on paperless option within their portal including various new controls within Omega.

Sneak preview on major feature releases coming soon!

  • OmegaAnalytics (beta released) – provides a user-friendly graphical interface to your Omega data to quickly create your own reports, charts, graphs and dashboards using real-time data from your Omega system.
  • OmegaSign (beta released) – works directly within your Omega Originations and Servicing systems to provide an out of the box eSignature and document vaulting solution.
  • Omega Application Portal (beta released)– provides an application portal for your customers to submit applications. Submitted applications will flow directly into Omega Originations for underwriting.
  • Recovery Database Network (RDN) integration (beta released) – allows users to create an RDN case within Omega View Account and the information will automatically create a case in RDN.
  • Omega Sub Accounts (beta released) – add and track other amounts owed by a customer within an existing account that does not affect the contractual balance of the account and does not incur interest. A later second phase will include other balance insurance functionality.
  • Paymentus integration (beta released) – offers Omega clients the ability to accept ACH, credit card, or debit card payments directly within Omega Servicing and the customer portal environment.
  • Repay integration – offers Omega clients the ability to accept ACH, credit card, or debit card payments directly within Omega Servicing and the customer portal environment. A second phase will allow users to instantly fund ACH payment requests for customers, vendors and dealers.

Megasys would like to extend a heartfelt thank you to our current customers and welcome our newest Omega customers that have helped shape our year.

We look forward to hosting our MegaBash celebration event in Long Beach, CA September 6-7, 2023. Save the Date!

If you are interested in learning more about the Omega Loan Management System, please contact us at 800-927-4490 or sales@megasys.net.

We’d love to hear from you!

 

Happy New Year!

 

New Integrated Scan Feature

OmegaScan

Scan documents directly into the Omega Loan Management System from any PC!

OmegaScan Integration powered by Dynamic Web TWAIN

Scan documents from any PC with your provided scanner and upload the file directly within Omega Originations application entry, Omega Servicing new account entry and view account.
Scanning functionality is supported for TWAIN complaint devices using any mainstream browser (Chrome, Firefox, and Safari) on Windows, macOS, and Linux.
For current Omega subscribers, OmegaScan is a self-service feature. For pricing and activation, simply go to the Omega main menu, Setups -> Optional Features.

Get Started Today!

If you are interested to learn more about Omega, please contact the Megasys sales department at 800-927-4490 or email sales@megasys.net.

CFSA 2022 Conference

Thank you for making the California Financial Services Association 2022 conference a success! 

We appreciated the valuable time spent with lenders and associate vendors at the beautiful La Costa Resort.

Congratulations to Cecilia Martinez of Sierra Credit for winning the bottle of Clase Azul Reposado Tequila!

Please contact us If you would like to further discuss the great benefits the Omega Loan Management System can provide your company.
We’d love to hear from you!

Megasys Sales Department
sales@megasys.net
(800) 927-4490

Women in Auto Finance Journal features Maite Vega, COO – Megasys!

Please join Megasys in congratulating Maite Vega for being selected for the 2022 class of “Women in Auto Finance”. Maite was featured in the August 2022 edition of the Auto Finance Journal, spotlighting women leaders in the Auto Finance industry.

Maite has been an exemplary leader at Megasys. Her collaborative style of managing provides her colleagues with a shared sense of purpose. Maite’s knowledge of the Auto Finance Industry is an invaluable asset as Megasys continues to introduce new features and functionality within the Omega Loan Management System, helping lenders succeed and remain a competitive force in the industry.

Check it out: Auto Finance Journal – August 2022

To schedule your FREE Omega demo, contact:

Megasys Sales Department
sales@megasys.net
(800) 927-4490