DAYTON, Ohio and MELVILLE, N.Y., -- The Reynolds and Reynolds Company and DealerTrack, Inc. announced that the Reynolds LAW contracts will be the primary retail installment contracts used in DealerTrack's e-contracting solution. Electronic integration between Reynolds' ERA® DMS and DealerTrack's e-contracting application is now available in all 50 states.

Reynolds LAW contracts are standardized and accepted nationwide. They are periodically reviewed by Hudson Cook, LLP, a leader in automotive finance law, to ensure that they keep pace with new legislative and regulatory developments.

"Reynolds LAW universal retail contracts are widely recognized and accepted by financial institutions throughout the United States," said Mark O'Neil, CEO and president of DealerTrack. "They were the natural choice for our innovative e-contracting solution, and yet another result of our strong collaboration with Reynolds and Reynolds."

Mike Berry, senior vice president of Solutions Management, Development and Operations at Reynolds and Reynolds, said, "Our work with DealerTrack is providing our dealers with the latest in financing solutions and options. Together, we are enabling dealers to access tools and resources that are streamlining and simplifying the funding process, as well as enhancing their profitability and customer satisfaction."

DealerTrack's e-contracting enables dealers to electronically complete and transmit contracts and other required data (including digital customer signatures) directly to participating financing sources. The technology is integrated with the DealerTrack online auto finance platform and speeds the entire financing process for both dealers and financing sources.

0 Comments