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PEN Adds NAE to e-Contracting Platform

September 22, 2011

TROY, Mich. — Provider Exchange Network (PEN), a division of Open Dealer Exchange LLC, announced it has launched an integration project with National Automotive Experts. The connection will allow NAE dealers to electronically contract the F&I product providers vehicle service contracts and other offerings.

“NAE is continually working to improve our process as a preferred dealer partner,” said Kelly Price, president of NAE. “PEN will simplify the F&I process by making it easier for the dealer to rate products and generate the right documentation. That means our dealers will spend more time selling and less time on administrative tasks.”

The new integration will enable dealers to e-contract and e-rate NAE F&I products directly from the dealer’s software, eliminating the need to access multiple applications to entering deal data, according to the company. PEN will directly connect NAE products to four menu software vendors and will soon be made available from Reynolds and Reynolds and ADP Dealer Services Inc.

“NAE has a great presence in the industry and we see a lot of growth on their horizon,” said Mark Virag, managing director of PEN. “PEN looks forward to being a key partner to support NAE business efficiency.”

For more information, visit www.providerexchangenetwork.com.

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