This relationship brings us one step closer to our goal of eContracting for every dealer in North America.
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.”
Dealers using the Fusion menu system will now be able to rate service contracts and other F&I products instantly and without errors. In addition, the system supports plain-paper contracts and electronic origination.
“The Impact Group is an outstanding organization with a fast-growing dealer base,” said Mark Virag, Managing Director of PEN. “This relationship brings us one step closer to our goal of eContracting for every dealer in North America.”
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.
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 The Impact Group, Inc.
Founded in 1988, The Impact Group is a nationally recognized automotive software development firm that services the finance & insurance industry. Impact specializes in increasing profitability and customer satisfaction through cutting-edge web technologies and a unique approach to the F&I department. Impact's programs include a robust, qualitative reporting module, certified DMS integration, electronic rating and remittance to product administrators, real time vehicle values data, and legal compliance protection. Impact also provides custom development services for OEM's, third party administrators, and general agents. For more information, please visit http://www.theimpactgroup.com.