Southfield, Mich. (PRWEB) May 15, 2013
Fidelis PPM and Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC, have completed integration to offer dealers the ability to rate and contract for Fidelis F&I products directly through leading finance desking software for auto dealers.
The connectivity to PEN enables F&I aftermarket product e-contracting directly from the auto dealer software. Embedded into the system, e-contracting functions eliminate the need for the dealership user to access multiple applications or re-enter critical deal data in order to complete the transaction. This technology supports dealers using Reynolds and Reynolds and ADP applications, as well as other leading electronic menu systems.
“The connection to PEN helps Fidelis PPM bring our innovative products to dealers and consumer is the easiest most efficient manner,” says Ryan Williams, Executive Vice President of Fidelis PPM. “Fidelis continually strives to be a premier business partners to dealers and the flexibility of PEN allows us to focus on other value services.”
“Fidelis PPM is a fast growing and innovative company,” said Ron Greer, VP of Provider Services at PEN. “We are glad they joined our growing network to help the entire supply chain make selling and servicing product sales more accurate and easier for all.”
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 e-contracting for aftermarket products. Functions include electronic ratings, forms preparation and contract origination.
To learn how PEN can assist Providers, Agents and Dealer System Providers, visit the website at http://www.providerexchangenetwork.com.
About Open Dealer Exchange, LLC
A joint venture between ADP Dealer Services, Inc. and The Reynolds and Reynolds Company, Open Dealer Exchange is a technology leader within the automotive F&I process for connecting lenders and F&I product providers with their dealer partners throughout the United States and Canada. By providing a direct connection into the dealership's main network — the DMS — Open Dealer Exchange virtually removes the need for the dealer to leave their system-of-record during the F&I process. This innovative process results in increased operational efficiencies, reduced contract errors, and a more streamlined process with a lender or provider's franchised dealerships. For more information on Open Dealer Exchange and its divisions, please visit http://www.opendealerexchange.com.
About Fidelis PPM.
Headquartered in Lakewood, NY, Fidelis PPM is the industry-leading provider of automotive customer retention technology. Operating with the DRIV software, Fidelis PPM provides car dealerships with a strategy to increase revenue in the service department, as well as, bring previous customers back to the dealership to purchase their next vehicle. Fidelis PPM is an agent-based model as well as offers private labeled TPA and OEM programs. To learn more about Fidelis PPM, visit getfidelis.com.