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The Impact Group Launches e-Contracting With Provider Exchange Network

February 15, 2011

TROY, Mich. – Provider Exchange Network (PEN), a division of Open Dealer Exchange LLC, has announced integration with The Impact Group Inc. The menu maker’s Fusion Menu will now feature electronic rating, forms and contract origination via PEN.

“We couldn’t be more excited about the partnership with Provider Exchange Network,” said Mark Thorpe, president of The Impact Group.  “Our ultimate goal is to make e-rating and e-contracting an integral component of the Fusion menu process for our dealers.”

Dealers using the Fusion menu system will now be able to rate service contracts and other F&I products instantly and without errors. In addition, the system supports plain-paper contracts and electronic origination.

“The Impact Group is an outstanding organization with a fast-growing dealer base,” said Mark Virag, managing director of PEN.  “This relationship brings us one step closer to our goal of eContracting for every dealer in North America.”

PEN is an electronic data exchange that streamlines the sales process by integrating the F&I product provider with the dealer’s point-of-sale system, whether through a menu or directly with the dealership management system (DMS) desking software.  This integration approach eliminates the need for separate applications to enable e-contracting for aftermarket products. Functions include electronic ratings, forms preparation and contract origination.

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