What is Open Dealer Exchange?

To put it simply, we're not an electronic portal. We're different. We're unique. And we're here to help move the industry towards a fully electronic workflow.

Open Dealer Exchange, LLC is a technology leader within the automotive F&I process for bringing together lenders and F&I product providers with their dealership partners by incorporating their offerings directly within a dealership's dealer management system (DMS). By providing a direct connection into the DMS, Open Dealer Exchange virtually removes the need for the dealer to leave their system-of-record during the F&I process. This innovative process results in increased operational efficiencies, reduced contract errors, and a more streamlined process with a lender or provider's franchised dealerships.

With expert management and dedicated team members hailing from diverse technology, automotive and financial arenas, Open Dealer Exchange remains committed to providing its customers with the most innovative solutions and robust data exchange.

Why was Open Dealer Exchange created?

Founded in January 2009, the company is a joint venture between ADP Dealer Services, Inc., one of the world's largest providers of business outsourcing solutions, and The Reynolds and Reynolds Company, a leading provider of integrated solutions that helps automotive retailers manage change and improve their profitability. The company was created in an effort to transform the traditional automotive financing model in which dealerships leave their system-of-record during the credit process to a more streamlined model all within the DMS.

As an open platform, Open Dealer Exchange can deliver integration and related services to all dealer system providers and finance sources that serve automobile and truck retailers, power sports and recreational vehicles.

While the founders continue to support the mission, vision and growth of Open Dealer Exchange, the company operates completely independently, with a defined management team and employees committed to its success. Because of the founders' footprint, Open Dealer Exchange has established relationships and deep industry reach with dealerships across the country.