2. Finova Inc. is a company focused on developing Telematics & Connected Car
Technologies, creating new features that enhance the car ownership experiences
for drivers and delivering unique opportunities for car-related businesses from OEM
to service stations and insurance companies.
www.finova.io | 2016
3. From business to business to customer
Business customers
● OEM
● Dealers
● Buy Here Pay Here Dealers
● Independent Service Stations
End customers
● Car owners/Drivers/Customers
www.finova.io | 2016
4. The reality
● Drivers are no longer willing to be stuck with standard processes and
offers; they expect their needs and wants to be promptly handled via their
preferred channel…
● In addition, drivers expect a new level of e-touch capability that allows
them to switch seamlessly between physical and digital touchpoints.
OEMs and dealers need to improve.
www.finova.io | 2016
5. About 87% of very satisfied customers would
purchase the same brand again and 85%
would buy from the same dealer.
About 37% of car drivers in mature markets say they have not been contacted at
all by their dealer or manufacturer during the last year.
Source: Capgemini | Cars Online 2015
www.finova.io | 2016
6. Consumer truth
● Car owners expect more and more from OEMs and dealers.
When talking to a dealer about buying a car, people value technical expertise over a pure sales approach.
● Car owners want more and better contacts.
They want better explanations to make more informed decisions, especially when it comes to new
technology and how to use it. They want more relevant information.
● Satisfaction alone is no longer enough.
Building loyalty is essential to drive repurchase, taking the relationship between brand, manufacturer, and
dealer to a totally new level.
● Connected cars are a growing trend that continues to generate interest.
Around 47% of car owners already use connectivity features, or would like to do so with their next car.
www.finova.io | 2016
7. Consumers are interested in Connected Car
benefits
● Safety and Security Features
48% — Emergency call system for assistance using GPS in the car.
26% — Ability to quickly recover a stolen car using GPS in the car.
● Car Maintenance Features
68% — Ability to see vehicle diagnostics and maintenance needs.
14% — Ability to monitor fuel usage patterns.
● Convenience Features
30% — Ability to easily locate car using a mobile app and GPS in the car.
29% — In-car voice commands to make navigation directions.
Source: Spireon
www.finova.io | 2016
8. Finova Connected Cars Platform brings top features to connect businesses (OEM/Dealer)
with customers and provide superior digital communication via app to enhance the car
ownership experience for the end-users.
Finova CCP brings connectivity to cars manufactured since 1998.
www.finova.io | 2016
9. Finova Connected Cars Platform
● Web-based CRM
Connected Car Management
Tool for business.
● Mobile App
Mobile App for drivers with the
most wanted and relevant
features.
● Telematic OBD-II Device
Simple plug-in device.
www.finova.io | 2016
10. How it works
● Data is collected from cars via a Finova plug-in device.
● Stored data is analyzed via unique algorithms.
● The dealer has access to data via CRM.
● The dealer sends only relevant offers to the client.
● Improved customer engagement increases profits.
www.finova.io | 2016
11. The benefits of Finova CC Platform
● One platform fits all brands of cars.
● Simple device that is easy to plug in.
● Adaptable to specific business needs.
● Completely synergetic system that delivers benefits to both business and
car owner.
● Easily customizable.
www.finova.io | 2016
12. Finova CCP Mobile App
The Finova CCP mobile app contains the following
high-demand Connected Car features:
● Vehicle location
● Remote diagnostics
● 24/7 Assistance
● Detailed driving history and statistics
● Message center with personalized offers
from dealers and OEM
● Driving score
The app can be further customized to fit
specific OEM business needs.
www.finova.io | 2016
13. All communication is managed via a dedicated
Finova CRM web interface.
Alternatively, all collected data by Finova CCP
can be integrated to your existing software
using API.
www.finova.io | 2016
14. Securing Privacy
To ensure compliance with the Privacy of Personally Identifiable Information all
drivers’ personal data is stored and managed independently and only shared with
businesses and personal users with appropriate permission.
The vehicle owner decides who has access to the data.
● 99% of customers who feel very informed about the usage of their data say they are satisfied.
● Around 80% of interested customers say they would share data under the right conditions.
● You can use Finova CCS to share data, in addition to improving the quality of service and increasing
customer loyalty.
Source: Capgemini | Cars Online 2015
www.finova.io | 2016
15. Innovation to drive sales
Sell more cars
Analyze driving behavior and use tailored messages via a dedicated marketing channel (mobile app), targeting
offers at individual clients.
Monitor Customer Satisfaction Index
Built in app features allow users to give feedback directly to OEM, allowing you to react and improve quickly.
Know your customer better
Improve your targeting and segmentation with a better customer knowledge database available at your fingertips.
Sell more individualized products & services
Increase conversion while selling highly targeted products using Lead Gen based on driving behavior and other
user-specific data.
Improve customer satisfaction based on their current needs
Include features that make customers happier: additional safety & security, remote diagnostics, concierge
services and savings options.
www.finova.io | 2016
16. Innovation to improve service
Improve customer retention rate
Increase your customer return rate. When a customer sees a car problem, they are more willing to schedule
maintenance promptly.
Improve efficiency of service appointments
Finova CCS predicts the date of the next service date based on real-time mileage, car faults and driving habits, and
automatically schedules the best time for a future service appointment. Rely less on service guys; make
appointments more automatic.
Simplify billing
Customers approve bills and pay directly from their smartphone. Increase your account receivables.
www.finova.io | 2016
17. Innovation to drive better business
Finova works with multiple projects including pro-active car diagnostics,
predictive driver behavior, and AI maintenance reminders to help you drive your
business to better results.
www.finova.io | 2016
18. Innovation-minded business partners such as
dealers, OEM, and service stations welcome
to join Finova en route to a better driving
experience.
35975 Bronze St.
Union City, CA, 94587, USA
www.finova.io
office@finova.io
+1.415.400.63.95
www.finova.io | 2016