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.

Created to give providers easier, more immediate access to news and information about PEN, www.ProviderExchangeNetwork.com is a Content Management System (CMS)-based website featuring smooth navigation, flexible content and fast, timely updates.

Utilizing the simple blue hues of the PEN branding elements and logo, the new website serves to further solidify and cement PEN as the leading, standalone brand in automotive integration software within the F&I process.

"We're thrilled to introduce a website dedicated solely for Provider Exchange Network," said Mark Virag, Managing Director for Provider Exchange Network. "Considering PEN's advanced technology and comprehensive electronic offerings, it was time to extend our marketing to include both offline and online communication to better serve the needs of our customers."

He added, "Our new online approach positions PEN more prominently in the market, and we look forward to educating and captivating many more providers about PEN's capabilities and what it means for the F&I process."

PEN is an electronic date exchange that streamlines the sales process by integrating the F&I product provider with the dealers' point-of-sale system, whether through a menu or directly with the DMS. Through PEN, the provider can offer a completely paperless contracting process for participating dealers, including instant and accurate electronic ratings, electronic deal jackets, digital remittance and forms archival. By increasing dealer exposure and contracting efficiency and reducing tedious administrative tasks, PEN allows providers to stay focused on their core business.

To learn more about PEN, visit the new website at www.ProviderExchangeNetwork.com.

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About Provider Exchange Network

A division of Open Dealer Exchange, Provider Exchange Network (PEN) focuses solely on the relationship between the F&I product provider and their dealer's preferred software application, such as the dealer management system (DMS) or electronic menu. Using exclusive Patent Pending technology, PEN connects various dealer service providers, menu companies and administrative systems to the majority of dealerships in the United States with the most advanced connection in the industry. The flow of information through PEN reduces costs for the provider through rapid, accurate and secure transactions in a paperless process that is easy for all parties involved. For more information on PEN, please visit www.providerexchangenetwork.com.

About Open Dealer Exchange, LLC

A joint venture between ADP Dealer Services, Inc. and The Reynolds and Reynolds Company, Open Dealer Exchange is a technology leader within the automotive F&I process for connecting lenders and F&I product providers with their dealer partners throughout the United States and Canada. By providing a direct connection into the dealership's main network — 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. For more information on Open Dealer Exchange and its divisions, please visit www.opendealerexchange.com.