Solution benefits
Power credit journeys with Xapii Convert
Increase distribution channel revenue
Grow volumes by filling your funnel with quality leads aided by tools to help customers navigate their borrowing journey
70% expansion for top of funnel
Reduce customer drop off
Optimise conversion by supporting customers on their credit journey and guide them through to deal readiness for increased conversion certainty
45% uplift in ‘approval’ conversions
Reduce cost to serve
Allow Xapii’s automated serviceability and policy checks to validate and nurture customers towards deal readiness cost effectively
20% decrease in average cost to serve for ‘approved’ deals
Features
Help your customers make informed decisions
Attract more top-of-funnel volume through engaging experiences supported by data-driven actionable insights
API-first
A wide range of calculators for all funnel segments
Drive customer experiences with a suite of hardened calculator APIs including repayment, refinance savings, upfront costs and borrowing power used by some of Australia’s biggest brands.
Managed reference data sources including tax rates, household expenditure measure (HEM), lenders mortgage insurance (LMI) premium, government duties and concessions.
Calculators include:
Borrowing amount
Retrieve the borrowing amount for up to two applicants based on their high-level personal and financial inputs
Extra repayments
Retrieve dollar value and time saved based on specific additional repayments on a loan
Saving scenario
Retrieve the amount of deposited and interest generated over time based on period payments into a savings account
Upfront costs
Retrieve the upfront cost payable, including duties (e.g. stamp, transfer and mortgage), and LMI premiums
Pre-approval tools
Configurable to your policy and products
Put the power back into your customer's hands with calculator APIs configured to your product requirements, and help customers gain confidence and knowledge to embark on their purchase journey
Data types
Power more experiences with customer declared data
Give customers visibility into their financial position and provide greater conversion certainty, and support them from purchase and through their in-life credit lifecycle
Automation
Save time by removing manual data collection
Remove manual data collection and assessment processes by embedding Xapii's powerful Data Consolidation and Enrichment capability and assist customers making important financial decisions or those experiencing hardship