Why accept contracts full of errors from your dealers when you don't have to?
With contract data validation through Open Dealer Exchange, you can virtually "spell check" contracts to ensure all information provided to you is accurate. We can even enforce your validation rules to help completely streamline the process within the DMS.
When the dealer is creating the finance contract in the DMS, they simply click a button to send the deal information directly to us to run against your own rules. Any missing or wrong fields are then communicated back to the dealer to fix while the customer is still present in the dealership. Once all information in the deal is accurate, the dealer can then submit the final, clean contract to you.
This enables you to verify that the deal is correct before the customer leaves the dealership. And since data validation is done during the deal and not after it is completed, the results are cleaner deals the first time and a reduction in manual corrections for you internally.
Benefits for you:
- A more accurate contract sent to you before it's signed
- Data is validated against your own contract rules and credit tolerances
- Data is delivered to your funding system within seconds versus key punched after days
- No more missing contract information
- Reduction in contract processing times and cost which increase internal efficiencies
Benefits for your dealers:
- Easy-to-use user interface in the DMS
- Missing required fields are called out
- Finalize an accurate contract before the customer leaves
- Reduce customer wait-times in the F&I office
- No more customer call backs for missing contract information
- Increased customer satisfaction
Our Lender Services division focuses on the relationship between the automotive lender and the dealership's main computer network, the Dealer Management System (DMS). And because of our unique relationship with ADP Dealer Services and Reynolds and Reynolds, we are the only company in the industry who can safely and securely provide you direct access to your dealers.
We exist to help you become more integrated into your dealer's workflow through credit application integration services, data validation services, and electronic forms and funding packet transfers.
Want a demo? [ CLICK HERE ]
[ CLICK HERE ] to download more information on our Lender Services division.
