Loopit

Loopit is a car subscription management platform designed to cater to the needs of automakers, dealerships, and mobility startups. According to the vendor, it offers purpose-built software that streamlines billing, customer management, and fleet administration, providing an all-in-one solution for businesses in the automotive industry. Loopit is said to be suitable for businesses of all sizes, from small mobility startups to large automakers and dealerships. It is widely used by car dealerships, car rental companies, car sharing companies, and other mobility providers.

Car Subscription Billing and Management Software: According to the vendor, Loopit offers purpose-built software that streamlines billing, customer management, and fleet administration, providing an all-in-one solution for dealers, automakers, and car subscription service providers.

Fully Customizable: Loopit is said to allow for a bespoke go-to-market strategy unique to each brand, with tailored solutions to meet specific business needs. According to the vendor, it offers flexibility to adapt to different pricing models and customer requirements, including customizable billing cycles and net payment terms per business entity.

Industry Expertise: According to the vendor, Loopit has deep knowledge of the automotive industry and offers relevant and effective solutions tailored to specific needs. It is claimed to understand the challenges and requirements of car subscription businesses, providing industry-specific insights and best practices.

Scalable Platform: Loopit is said to be able to accommodate fleets of any size, from 20 to 20,000 vehicles, supporting the growth and expansion of car subscription businesses. The vendor claims that its scalable infrastructure ensures smooth operations even with large volumes of vehicles and subscribers.

Recurring Payments & Invoicing: According to the vendor, Loopit provides enterprise-grade subscription payment technology that enables automated recurring billing and invoicing. It is claimed to simplify payment processes for customers and businesses, ensuring accurate and timely financial transactions.

Hosted Booking & Self-Service: Loopit is said to offer a seamless online subscription process for customers, along with a hosted self-service booking system for easy subscription management. According to the vendor, it provides a user-friendly interface for customers to subscribe and manage their subscriptions, enhancing the overall customer experience.

TruPass Risk & Fraud Protection: Loopit incorporates real-time know your customer (KYC) and fraud prevention solutions to ensure secure and trustworthy customer onboarding. According to the vendor, it protects businesses from potential risks and fraudulent activities, offering peace of mind and safe transactions for both businesses and customers.

Vehicle Catalog: Loopit enables efficient fleet management at scale by providing automated pricing recommendations based on market conditions. It offers live vehicle data for real-time fleet monitoring, streamlining fleet management processes and optimizing inventory.

Customer Management: Loopit focuses on delivering an exceptional customer experience with digital-first solutions for customer engagement and support. According to the vendor, it provides a consumer portal for easy access to subscription information and account management, enhancing customer satisfaction and loyalty.