Direct Auto Finance: Adopting Electronic Processes and Online Tools to Accelerate and Expand Your Business
Baltimore, MD (PRWEB) April 28, 2011
eOriginal Inc., a leader in electronic signatures, vaulted repository and electronic transaction management solutions, announced that Michael Benoit, Partner of Hudson Cook, LLP, and Marguerite Watanabe, President of Connections Insights, will be joined by eOriginal CEO Stephen Bisbee for a live webinar "Direct Auto Finance: Adopting Electronic Processes and Online Tools to Accelerate and Expand Your Business", focusing on how electronic signatures enable direct auto finance lenders to capture greater market share, close business in a single online session, all while maintaining fully compliant and auditable transactions. The webinar is scheduled for May 11, 2011 at 2:00PM (EDT).
With recent financial reports indicating consumers are leveraging more credit toward the purchase of vehicles, direct auto finance lenders are looking for innovative and sustainable ways to streamline the closing process while remaining compliant with stringent regulations. During the 60-minute webinar, we will address:
- Direct Auto Finance Transaction Delivery Models
o Person-to-Person (P2P)
o Person-to-Dealer (P2D)
- Benefits of Electronic Transaction Processing
- Considerations and Issues for Electronic Direct Auto Finance
o Direct Business Today vs. Tomorrow
o Key Success Factors For Direct Lenders
- Online Transactions Legal and Compliance Issues
- Elements of a Solution
o Case Study: (Top 5 Lender)
- Questions and Answers
The web cast will include a use case of how top rated companies have implemented electronic signatures to improve their business process, a Q&A session to address your specific concerns and how eOriginal SmartSign® extends eContracting capabilities across the entire origination, from credit decisioning to post-closing management.
To join us, please Register Here to gain answers to these questions and more from our panel of industry experts.
About Hudson Cook, LLP
Hudson Cook, LLP is a 32-lawyer consumer financial services law firm with offices in New York, Connecticut, Maryland, the District of Columbia, and California. The firm represents many of the nation's top banks, savings associations, holding companies, finance companies and mortgage bankers, insurance and securities companies, investment banks and "e-commerce" firms, including several Fortune 500 companies. Hudson Cook's related Internet publishing company, CounselorLibrary.com, offers online compliance database and update services, including industry standards CARLAW and HouseLaw. For more information regarding the law firm and the publishing company, call Tom Hudson at 410-865-5411 or visit online at http://www.hudco.com and http://www.counselorlibrary.com.
About Connections Insights
Through the company's unique industry experience and its vital access to the key entities and individuals, Connections Insights provides insights on where innovative product and service solutions can be implemented to manage pain points and makes connections that build the bridges among appropriate business partners in the auto financing industry.
Connections Insights achieves this by helping develop business relationships between auto financing captives, banks, companies and credit unions and forward-thinking service providers, educating others about the current dynamics of the auto financing industry through informational sessions, articles and presentations and working closely with industry trade associations on addressing significant business, legislative and regulatory issues.
eOriginal provides advanced electronic signature, vaulting and electronic transaction solutions which are tamper-sealed, auditable and legally enforceable. eOriginal SmartSign® enables compliance with the eSignature requirements of the ESIGN Act, UETA and the eContracing requirements of the UCC. eOriginal has provided secure, verifiable execution, delivery and management of commercial loans, leases and other financial industry documentation for over a decade. eOriginal customers, including top-tier financial institutions, have processed millions of electronic signatures on millions of documents without a single system error or successful legal challenge.
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