Timeshare Software developer, SPI Software, has announced the release of an interface to Equiant Services, an Arizona-based loan servicing technology and platform provider.
Whenever owner-related financial information is needed by a resort property, the Equiant interface immediately updates the SPI Orange System with the latest loan and/or dues payment data. With this interface, the resort’s front desk and accounting staff will have the real-time account aging and balance information that is required for decisional input before accepting reservations and other related transactions.
“SPI Software’s real-time access to Equiant’s loan-oriented financial data will have an immediate benefit to our resort customers that employ Equiant,” says SPI CEO George Stemper. “This integrated service between SPI and Equiant is a powerful tool that presents accurate, up-to-date account balances as the transactions are being processed so that the contract terms and reservation rules can be enforced.”
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About SPI Software
SPI Software provides resort developers and operators of timeshare, vacation club and mixed-use properties with comprehensive software solutions. SPI’s flagship software product, Orange Enterprise, includes modules for marketing, sales, property management (PMS), finance, maintenance fee and receivables servicing, centralized reservations, owner services, advanced web reporting and website applications.
Equiant is a Scottsdale, Ariz.-based receivables servicer with a portfolio that exceeds an active balance of $1.5 billion and includes more than 150,000 active individual consumer loans. Over the past 28 years, Equiant has serviced more than 1 million loans and 1.25 million maintenance fees accounts. Its array of products and services includes outsourcing for servicing mortgage and other receivables.