While more than half the automotive finance industry utilizes an eContracting solution for their lending and financing processes, the need for industry education is essential because few focus on the post-signature management of their financial assets.
BALTIMORE, MD (PRWEB) October 12, 2015
eOriginal, the digital transaction experts, announced today that it will be showcasing its innovative products and sharing a new white paper at the 15th Annual Auto Finance Summit, a leading conference for top financing and leasing leaders to meet, network and learn from the best in the industry.
The three-day summit will take place at the Wynn Las Vegas in Las Vegas, N.V. on October 21 to 23, 2015. This year’s program features regulators’ views on: lender best-practices; opportunity within the auto finance industry; emerging technology; and more.
As a technology frontrunner within the automotive industry, and member of the National Automotive Finance Association, eOriginal representatives will be onsite at booth 134 to discuss with attendees how eContracting and Digital Transaction Management (DTM) can remove the friction inherent in transactions that involve people, documents and data to create faster, easier, more convenient and secure processes.
In anticipation of the exhibition, eOriginal has released a white paper tailored for automotive lenders titled, “Demystifying eContracting for Auto Finance: Best Practices to Find a Solution that Improves Efficiency and Accelerate Funding.”
Within the white paper, eOriginal highlights all aspects of eContracting, including: the elements of a complete solution from eSignature throughout the life of the contract; the benefits and challenges; legal and regulatory compliance; and how to securely manage electronic financial assets.
eOriginal works with DriveTime, OpenRoad Lending, J.D. Byrider, CarFinance Capital, and most of the leading direct and indirect lenders in the auto financing industry. The white paper profiles one of these leading automotive financing companies who successfully implemented eOriginal SmartSign® and eAsset® Management Services to complete its eContracting solution supporting the origination of lease and retail contracts nationwide.
As an eOriginal customer, the auto financial services company has achieved faster closing of contracts and ancillary processes such as insurance and titling with straight through processing in a single transaction. Additionally, post-signature, the documents and contracts can be audited, pooled, collateralized, securitized or transferred 100 percent electronically.
“eContracting and the automotive industry go hand-in-hand,” said eOriginal President and CEO Stephen Bisbee. “While more than half the automotive finance industry utilizes an eContracting solution for their lending and financing processes, the need for industry education is essential because few focus on the post-signature management of their financial assets.”
Those interested in learning more about eContracting can download a copy of the white paper here: http://www.eoriginal.com/white-papers.html. The white paper will also be available for pick up at the eOriginal booth during the conference.
Attendees interested in meeting with an eOriginal representative during the Automotive Finance Summit should schedule a meeting here: http://info.eoriginal.com/meeting_request.html.
About eOriginal, Inc.
Founded in 1996, eOriginal is the trusted expert in digital transaction management solutions, specializing in the post-execution management of financial asset documentation. eOriginal SmartSign® and eAsset® Management Services enable an end-to-end solution for fully electronic transactions that must be managed with the highest levels of security and compliance throughout their lifecycle. By treating every transaction as having assets that must be verifiably secure, legally compliant and enforceable, eOriginal provides its customers and partners with eCertainty®.
For more information, please visit http://www.eoriginal.com. eOriginal®, eAsset®, eOriginal SmartSign® and eCertainty® are trademarks of eOriginal, Inc. and are registered in the United States or in other jurisdictions.