With our PEN certified Interface, we can now offer our clients more options for booking contracts electronically from a large and growing number of dealerships.
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.
“We are pleased to partner with StoneEagle and bring PEN’s advanced capabilities to their customers,” said Mark Virag, Managing Director of PEN. “PEN’s connectivity with any dealer system or menu gives vehicle service contract providers using a StoneEagle product administration system increased exposure for their products in the marketplace.”
PEN is an electronic data exchange that streamlines the sales process by integrating the F&I product provider with the dealer’s point-of-sale system, whether through a menu or directly with the dealership management system (DMS) desking software. This unique integration approach eliminates the need for separate applications to enable eContracting for aftermarket products. Functions include electronic ratings, forms preparation and contract origination.
“For years we have truly believed in and supported the theory behind the ‘exchange’ model now offered by PEN,” said Brent Allen, President of StoneEagle Insurance Systems. “With our PEN Certified Interface, we can now offer our clients more options for booking contracts electronically from a large and growing number of dealerships.”
To learn more about PEN, visit the website at http://www.ProviderExchangeNetwork.com.
About Open Dealer Exchange, LLC
Open Dealer Exchange enables providers and finance sources to embed their offerings into point-of-sale (POS) systems used by automotive dealers to conduct business both in the showroom and the business office. A joint venture between Automatic Data Processing, Inc. (ADP) and The Reynolds and Reynolds Company, Open Dealer Exchange exists to improve the overall F&I process within automotive retailers throughout the United States and Canada. For more information on Open Dealer Exchange, please visit http://www.OpenDealerExchange.com. For more information on Provider Exchange Network—a division of Open Dealer Exchange—please visit http://www.ProviderExchangeNetwork.com.
About StoneEagle Insurance Systems, Inc.
StoneEagle designs, develops and delivers software solutions and enterprise administration systems for numerous Insurance Carriers, Third Party Administrators and Aftermarket Product Providers. StoneEagle leverages technology to create secure connection points between these providers and their client base, which are predominately Automotive Dealers and Financial Institutions. StoneEagle solutions are utilized by approximately 5000 automotive dealers through relationships with multiple clients, ranging from general agencies specializing in finance and insurance to software application providers servicing the automotive industry. For additional information please visit http://www.stoneeagle.com.