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Open Dealer Exchange, LLC Announces Agreement for Integration with CUDL

Open Dealer Exchange and CUDL will offer a secure and easy-to-use integration from the DMS to the CUDL system.

SOUTHFIELD, MI (PRNewswire) Feb. 2, 2012 -- Open Dealer Exchange, LLC today announced its agreement for integration with CUDL (www.cudl.com), the nation's leading indirect and point-of-purchase auto lending solutions provider to the credit union industry. Through the new alliance, CUDL will be offering direct credit application and contract validation data integration from the dealer's point-of-sale system directly to the CUDL system.

Open Dealer Exchange, LLC Partners with VW Credit, Inc. to Launch First Two Phases of FinanceSource™ Dealer Program

Credit application and contract validation focus will streamline lending workflow within two leading Dealer Management Systems through Open Dealer Exchange.

SOUTHFIELD, MI (PRNEWSWIRE) January 30, 2012 -- Open Dealer Exchange, LLC, a technology leader that streamlines the auto buying process for lenders, F&I product providers and dealers, today announced a partnership for integration with VW Credit, Inc. (VCI), the captive finance company which provides competitive financial products and services specifically to Volkswagen and Audi dealers and their customers throughout the U.S.

Open Dealer Exchange, LLC Unveils Enhanced Website

TROY, MI (PRWEB) October 26, 2011 — Open Dealer Exchange, LLC, a technology leader that streamlines the automotive buying process for lenders, F&I product providers and dealers, is pleased to unveil its newly redesigned website, www.opendealerexchange.com. The enhanced site highlights Open Dealer Exchange's ability to simplify and streamline the automotive finance process for its growing customer base through products embedded in the dealer management system (DMS) like data validation, credit application integration and eFunding packet transmission.

National Automotive Experts to Connect to Provider Exchange Network for e-Contracting

TROY, MI (PRWEB) September 22, 2011 – Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC, has announced it has launched an integration project with National Automotive Experts (NAE) to offer dealers the ability to electronically contract Vehicle Service Contracts and other F&I products.

F&I Administration Solutions, LLC Launches Integration with Provider Exchange Network

Partnership ensures e-commerce services and support are coordinated and managed seamlessly between administration solution and e-contracting vendor.

TROY, MI (PRWEB) August 15, 2011 – Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC, is pleased to announce that F&I Administration Solutions, LLC has successfully completed a PEN Certified Interface, allowing dealers to electronically rate, contract and register contracts for all providers using the SCS Auto administration solution.

Open Dealer Exchange Stays on Cutting Edge of Industry Technology with New Cloud-based Solutions

Open Dealer Exchange uses new cloud-based platform to improve the automotive retail industry.

TROY, MI (PRWEB) August 23, 2011 -- Open Dealer Exchange, LLC, a technology leader that streamlines the auto buying process, has partnered with Datapipe to develop a custom cloud-based infrastructure built on the company's Stratosphere platform. The improvements and growth to their network strengthen Open Dealer Exchange's position at the forefront of cloud-technology adoption within the industry.

GAPWise® Joins the Provider Exchange Network for F&I Product eContracting

Alliance enables GAPWise customers to rate and contract deals electronically directly from the dealer's point-of-sale.

TROY, MI (PRWEB) July 21, 2011 – Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC, announced it has launched an integration project with GAPWise® to offer dealers the ability to rate and contract for Wise F&I products. GAPWise® is one of the oldest and longest running GAP insurance companies in the United States.

A Letter From Our Partner: Ristken MenuPro Integration with Provider Exchange Network

Subject: Ristken MenuPro Integration with Provider Exchange Network

Industry Announcement - Automotive and Finance Industry

Ristken Software Services will be integrating its menu selling software to connect with Provider Exchange Network. This connection will enable additional F&I Product Providers to rate and originate contracts from the MenuPro application.

Provider Exchange Network Announces Agreement with MaximTrak

PEN expands network reach with addition of industry-leading menu system MaximTrak

TROY, MI (PRWEB) June 21, 2011 – Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC, today announced its agreement with MaximTrak Technologies to integrate with the company's independent F&I Menu & Reporting system, MaximTrak. This integration will allow Maxim to better serve its thousands of dealers via PEN's streamlined electronic rating, forms and contract origination.

The Impact Group Launches eContracting with Provider Exchange Network

The Impact Group's Fusion Menu partners with Provider Exchange Network for electronic ratings, forms and contract origination.

TROY, MI (PRWEB) February 2, 2011 – Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC, is pleased to announce integration with the F&I menu company The Impact Group, Inc. Impact's Fusion Menu will now feature electronic rating, forms and contract origination via PEN. "We couldn't be more excited about the partnership with Provider Exchange Network," said Mark Thorpe, President of The Impact Group. "Our ultimate goal is to make eRating and eContracting an integral component of the Fusion menu process for our dealers. A forward-thinking and seamless process is vital to reducing wasted time, eliminating errors and enhancing the F&I experience for everyone involved."

StoneEagle Insurance Systems Launches Integration with Provider Exchange Network

Alliance enables StoneEagle Insurance Systems customers to book vehicle service contracts electronically directly from the dealer's point-of-sale.

TROY, MI (PRWEB) January 27, 2011 – Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC, is pleased to announce that StoneEagle Insurance Systems, Inc. (StoneEagle) has successfully completed a PEN Certified Interface, allowing automotive dealers and aftermarket product providers to electronically book vehicle service contracts using the SCS and ARCH product administration systems.

Open Dealer Exchange, LLC Announces Credit Application Integration Partnership with Ontario-Based PowerBand Global, Inc.

TROY, MI (PRWEB) January 18, 2011 -- Open Dealer Exchange, LLC today announced its first Canadian partnership with Burlington, Ontario-based PowerBand Global, Inc. -- a provider of a network that simplifies the acquisition and disposal of vehicles and includes a state-of-the-art finance portal. The agreement will enable automotive lenders in Canada to receive credit applications and send credit decisions seamlessly to the dealership's dealer management system (DMS).

From Our Partner, Mercedes Benz: Mercedes-Benz Financial Services Completes First Phase of eStrategy as Instant Contract Validation Rollout to Dealers Wraps Up

FARMINGTON HILLS, MI (PRNewswire) January 06, 2011 -- Mercedes-Benz Financial Services is nearing completion of the first stage of its "eStrategy" initiative as the number of Mercedes-Benz dealers eligible to integrate a full electronic contract data validation system into their dealer management system (DMS) will reach 100 percent in the first quarter of 2011.

Crescent Bank & Trust and Open Dealer Exchange Announce Agreement for Integration

Crescent Bank & Trust and Open Dealer Exchange, LLC announce agreement for credit application integration to give lender a competitive edge over other finance sources.

TROY, MI (PRWEB) November 29, 2010 -- Open Dealer Exchange, LLC has announced its agreement with Crescent Bank & Trust (CB&T) to integrate the lender directly within the dealer management system (DMS) during the loan approval process.

Exeter Finance Partners with Open Dealer Exchange for Credit Application Integration

Full data sharing between lender and dealership management system streamlines F&I process

TROY, MI (PRWEB) October 28, 2010 -- Open Dealer Exchange, LLC, announced an agreement with Irving, Texas-based specialty auto finance company Exeter Finance Corp. for credit application integration directly within the dealership management system (DMS).

Integration Between the Automotive Loan Origination System from Fiserv and Open Dealer Exchange Streamlines Lending Process

BROOKFIELD, WI (PRNEWSWIRE) October 12, 2010 -- Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, announced today that its Automotive Loan Origination System (LOS) will integrate with Open Dealer Exchange, LLC. Open Dealer Exchange, a joint venture between dealer software providers Automatic Data Processing, Inc. (NASDQ: ADP) and The Reynolds and Reynolds Company, provides indirect automotive finance sources the ability to improve origination and funding efficiencies in the dealer's transactional finance desktop.

Provider Exchange Network, a Division of Open Dealer Exchange, LLC, Launches New Website, www.ProviderExchangeNetwork.com

New site brings the Provider Exchange Network experience online with a digital, in-depth look at the industry's sole, provider-focused software application for use by the dealer management system (DMS).

TROY, MI (PRWEB) September 13, 2010 -- To further serve F&I product providers and automotive dealers nationwide, Provider Network Exchange (PEN) — a division of Open Dealer Exchange, LLC which is revolutionizing the vehicle buying process — has launched an official website.

Open Dealer Exchange and Westlake Financial Services Announce Agreement to Improve Vehicle Buying Process for Auto Dealers

Agreement allows for credit application integration directly within the dealership management system (DMS) during the vehicle buying process

TROY, MI (PRNEWSWIRE) August 3, 2010 -- Open Dealer Exchange, LLC has announced its agreement with Westlake Financial Services for credit application integration directly within the dealer's dealership management system (DMS). The partnership will streamline the dealers' workflow during the vehicle buying process and provide expanded capabilities in dealership inventory modeling.

Open Dealer Exchange and Teledata Communications, Inc. (TCI) Announce Agreement for Integration

Open Dealer Exchange, LLC has announced its agreement with Teledata Communications, Inc. (TCI) to provide direct integration services with the loan origination system provider, allowing partnering finance sources to return credit decisions directly into a dealership's dealer management system.

TROY, MI (PRWEB) July 8, 2010 -- Open Dealer Exchange, LLC has announced its agreement with Hauppauge, New York-based Teledata Communications, Inc. (TCI) to provide direct integration services with the loan origination system (LOS) provider's DecisionLender solution. The agreement allows partnering finance sources to receive credit application data and return credit decisions directly into a dealership's dealer management system (DMS).

BMW Group Financial Services Partners with Open Dealer Exchange to Create Industry-First for eContracting within its Dealerships

One-Stop Contract Validation and eContracting Services Streamline Automotive Lending Process within Dealer Workflow

WOODCLIFF LAKE, NJ (PRNEWSWIRE) June 21, 2010 -- BMW Group Financial Services has announced an agreement with Troy, Michigan-based Open Dealer Exchange, LLC, enabling the captive finance arm of BMW Group to provide contract data integration services, including paperless eContracting and contract data validation, directly through Open Dealer Exchange to BMW retailers in North America. The fully functional solution for electronic contract validation is an industry-first, as it provides one single process for the sale of retail and lease vehicles for new as well as pre-owned and certified pre-owned. This solution allows for more efficient integration by utilizing the different dealer management system (DMS) providers in the industry.

Automotive Credit Corporation Announces Agreement with Open Dealer Exchange for Credit Application Integration

Automotive Credit Corporation has announced its agreement with Open Dealer Exchange, LLC for credit application integration during the vehicle finance process directly from the dealership's dealer management system.

TROY, MI (PRWEB) June 2, 2010 -- Automotive Credit Corporation (ACC) has announced its agreement with Open Dealer Exchange, LLC to provide a direct connection from a franchised dealership's dealer management system (DMS) to ACC's loan origination system.

With the newly formed relationship, dealerships can now send credit application data to ACC and view credit decisions directly from their DMS. The process is completely streamlined within the dealers' workflow and eliminates the need to leave their system-of-record during the credit approval process.

Open Dealer Exchange Acquires Provider Exchange Network

DEARBORN, MI (PRWEB) February 16, 2010 -- Open Dealer Exchange, LLC has acquired the Provider Exchange Network (PEN) from MenuVantage, LLC. This popular network service enables F&I product providers to transmit rates and receive contract information from any participating dealer system. The service is currently in use by 60 leading providers of finance and insurance products such as service contracts, extended warranties, insurance, and wheel and tire protection. PEN streamlines the F&I process by enabling integration between the provider and the dealer's point-of-sale (POS) system.

Open Dealer Exchange selects Silanis as its e-contracting solutions partner

The Silanis solution will enable seamless e-contracting within ADP and Reynolds and Reynolds Dealerships in the U.S. and Canada

MONTREAL, QC June 8, 2009 — Silanis Technology's next-generation Electronic Signature Process Management (ESPM) solution, ApproveIt Web Server 3.0 has been chosen by Open Dealer Exchange, a newly formed joint venture between industry leaders ADP Dealer Services and The Reynolds and Reynolds Company to provide e-contracting solutions. Silanis' solutions will enable a fully automated financing process in which all sales and financing documents will be processed electronically, including the creation and storage of legally compliant electronic loan contracts. This new agreement includes ApproveIt Web Server 3.0 e-signature process management solution and ApproveIt Transferable Records Manager solution.

Announcing the Launch of Open Dealer Exchange, a new company created to improve the vehicle financing process for finance sources, dealers and consumers

The Open Dealer Exchange (ODE), a joint venture between ADP and Reynolds and Reynolds, will help finance sources, dealers and consumers create a faster, more accurate sales process

DETROIT, MI (PRNEWSWIRE) January 21, 2009 — Open Dealer Exchange is a newly launched company that will provide finance sources with the ability to improve operational efficiencies and enhance brand value by better integrating the loan origination process into the dealer's transactional, point-of-sale system. Open Dealer Exchange will facilitate the credit processing functions within the dealers' point-of-sale transactional systems used by automotive, truck and power sports dealers to conduct business in the showroom, at the desk, in the F&I office and online. Historically, dealers have been relegated to separate systems, one for credit processing and another for point-of-sale transaction processing in F&I. With Open Dealer Exchange, dealers can combine these systems to improve the overall vehicle sales process for all stakeholders.