| RHE & Associates Pty Limited signed a Master Services Agreement with Toyota Financial Services (TFS) in March 2006. Under this agreement RHE will design, develop an integrated Business Origination System (BOS), which will enable TFS to fulfil its financial products and services through a single interface throughout the Toyota Dealer Network . RHE will take responsibility for the Development and Roll-out of the BOS .
Toyota Financial Services (TFS) is a division of Toyota Finance Australia Limited. TFS offers a wide range of finance options and services through its nation-wide Dealer network. These include products for personal or business customers, for a single vehicle or for a large fleet. In addition to providing financial services for both new and late model used vehicles, TFS also offers a comprehensive selection of vehicle insurance and extended warranty products. The Business Origination System (BOS) being designed, developed and implemented by RHE will enable TFS to fulfil its financial products and services through its Dealer Network through a single interface.
The business related goals of BOS are to:
• have a single Business Origination ‘Point of Entry’ to TFS for multiple channels
• deliver a high-quality and flexible Finance Business Origination Solution to replace the existing solution
• deliver a high-quality and flexible Insurance Business Origination Solution to replace an existing third party solution
• create an integrated financial and insurance products Business Origination capability
• have a flexible and configurable product structure to facilitate ease of deploying more products
• centralise and streamline Product Business Rules management and make it transparent to both Business and IT
The technology related goals of BOS are to:
• replace existing third party / in-house technology systems with a single Business Origination solution
• 'harvest’ re-usable functionality from existing systems wherever possible
• integrate to NexGen application platform
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