GAPWise® Joins the Provider Exchange Network for F&I Product eContracting

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Alliance enables GAPWise customers to rate and contract deals electronically directly from the dealer’s point-of-sale.

PEN fits well into our comprehensive strategy focused on streamlining the entire origination process from registration through remittance.

Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC, announced it has launched an integration project with GAPWise® to offer dealers the ability to rate and contract for Wise F&I products. GAPWise® is one of the oldest and longest running GAP insurance companies in the United States.

This connectivity enables F&I Aftermarket Product eContracting directly from dealer software. Embedded into the system, eContracting functions eliminate the need for the dealership user to access multiple applications or have to re-enter critical deal data in order to complete the transaction. Currently, ADP Menu –previously MenuVantage – and The Impact Group Fusion menu integrate to PEN. This same technology will be made available direct from the dealership F&I software from Reynolds and Reynolds and Automatic Data Processing (ADP).

“Doing business electronically must be easy for dealers to adopt,” stated Rob Berger, vice president of Operations for Wise F&I. “PEN fits well into our comprehensive strategy focused on streamlining the entire origination process from registration through remittance. “

“GAPWise® is a strong and recognized partner in the industry, poised for significant growth,” said Mark Virag, managing director of PEN. “PEN is happy to represent their products and expand our network to better serve the industry.”

PEN is an electronic data exchange that streamlines the sales process by integrating the F&I product provider with dealers’ point-of-sale systems, whether through a menu or directly with the DMS. 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

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

About Wise F & I

Wise F&I provides comprehensive administration services for ancillary F&I products made available to automotive Dealers nationwide. Our products are delivered through two distinct sales channels: i) independent Agents and ii) national or regional Lenders. Collectively, these Dealers, Agents and Lenders make up our winning team of business partners – each member being critical to the success of our team. Through specialized reporting, branded product programs, or other customized administrative solutions – Wise F&I delivers winning solutions for our business partners. As ‘Financial GAP Administrator’, we currently provide the primary administrative services for the following national programs: GAPWise®, EquityProtect®, SecureGAPsm, The One® GAPsm and Advanced Protection Plansm in addition to many localized, private label programs. Wise Finance & Insurance (“Wise F&I”) is a registered DBA of Reinsurance Associates, Inc. Financial GAP Administrator is a registered DBA of GAPWise LLC. GAPWise LLC is a wholly owned subsidiary of Reinsurance Associates Inc.


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