DALLAS—Stoneeagle.com announced Tuesday that the Reynolds and Reynolds Company certified its Service Contract Rate Calculator as a Reynolds interface. The Rate Calculator can now integrate directly with Reynolds’ ERA dealer management system.

Reynolds and Reynolds designed a user-friendly screen on its ERA Dealership Management System that interfaces with administrators’ rating systems. The F&I manager simply selects from the screen the plans and terms available for the vehicle being sold. All Reynolds-certified vendors receive technical support from Reynolds and Reynolds’ Technical Assistance Center.

The Rate Calculator saves F&I personnel time and eliminates costly errors that result from manually inputting rates. According to Stoneeagle.com, 30 percent of vehicle service contracts sold in the F&I office have rating errors, resulting in a profit loss of more than $15 per service contract sold.

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