AFAS has been a key strategic partner for MenuVantage going back to 2005 when they were the driving factor in securing our relationship with Sonic Automotive. We are very pleased that they will be the first provider in the country to offer state of the art processing for F&I products to their entire dealer base
Orlando, Florida (PRWEB) January 29, 2008
MenuVantage, (http://www.menuvantage.com) the market's premier web-based menu selling system, today announced the addition of electronic signature to its e-contracting platform. This technology, which was previously only available to banks and finance sources, is now available to aftermarket providers for the first time.
American Financial and Automotive Services inc., (AFAS) will be the first provider to offer electronic Signature and e-Contacting through the new MenuVantage Platform to all 1,100 dealership customers nationwide, streamlining the entire process in the F&I Office. Dealers can now submit consumer service contracts electronically, reduce errors in contracting and significantly reduce the amount of time spent in the F&I Office.
"Electronic-signature and e-Contracting will set us far in advance of all competitors and take our dealers to a whole new technology level that has never hit the industry before," commented Arden Hetland, President with AFAS. "We are particularly excited to incorporate this application into our Automotive Training Academy (ATA) as it will be a major component to help streamline the whole F&I process," Hetland added.
"AFAS has been a key strategic partner for MenuVantage going back to 2005 when they were the driving factor in securing our relationship with Sonic Automotive. We are very pleased that they will be the first provider in the country to offer state of the art processing for F&I products to their entire dealer base," said Phillip Battista, MenuVantage Co-CEO.
MenuVantage will demonstrate its new e-Contracting and electronic signature technology at the 2008 NADA Conference and Exposition in San Francisco, CA, February 9-12. Visit booth #1239W for more information.
MenuVantage, based in Orlando, Florida, provides automotive dealers with best in class F&I tools to ensure compliance and increased per unit profit. The MenuVantage system offers F&I departments the most advanced technology available on the market today to increase F&I sales. It is also capable of the electronic submission of warranty and F&I products to providers, real time service contract rating, and the electronic contracting and signature. Founded in 2003, MenuVantage has enjoyed tremendous growth and currently services more than 8,000 users at automotive dealerships in all 50 states nationwide and Canada, processing more than 100,000 deals per month. MenuVantage has developed a system that not only assists dealers in the F&I office, but also providers with contract administration making the system a truly end-to-end business solution. Over 50 providers currently enjoy the benefits of the MenuVantage platform including , Service Payment Plan (SPP), A.U.L Corporation, LOTS, Cal-Tex Protective Coatings, SouthwestRe, CNA National, EasyCare, GE, American Financial Automotive Services, and Safeguard. MenuVantage can be reached on the web at http://www.menuvantage.com.