The Industry's Leading Source For F&I, Sales And Technology

Top News

Automotive Dealer Resources Partners With Wolters Kluwer Financial Services

September 24, 2007

MINNEAPOLIS — Automotive Dealer Resources LLC (ADR), which provides independent motor vehicle dealerships and associations with access to a full array of dealership business forms, will expand its product offerings to include Wolters Kluwer Financial Services’ preprinted retail sales installment contracts to help independent auto dealers complete consumer finance transactions. The addition of contracts to the ADR document library will ensure that dealerships have immediate access to compliant retail contracts in all 51 U.S. jurisdictions.

The regulatory environment impacting the motor vehicle industry is constantly changing, and auto dealers have the responsibility to continue to make sure they comply with laws at both the state and federal levels. Working together, Wolters Kluwer Financial Services and ADR will help independent auto dealers ensure they are accurately documenting the financing of automobiles. Wolters Kluwer Financial Services’ motor vehicle retail sales installment contracts are created and maintained using the company’s compliance content, which is built upon more than 50 years of experience and knowledge behind its Bankers System product line. ADR will add these contracts to its current form offerings to give its customers access to a comprehensive set of compliant dealer forms.

“Our goal is to provide our dealers and fellow associations with all the necessary documentation to create a compliant deal jacket,” said Nancy Chapman, managing partner, ADR. “By expanding our product offering to include Wolters Kluwer Financial Services’ retail installment contracts, independent dealers can find forms to meet a variety of needs all in one location.”

“ADR is committed to helping independent auto dealers gain access to compliant forms that grow their business — and Wolters Kluwer Financial Services can help achieve that goal,” said Dave Roy, general manager of Banking at Wolters Kluwer Financial Services. “Dealers can be assured that our retail installment contracts are compliant with all state and federal regulations, which ultimately helps them mitigate risk and receive funding faster.”

Your Comment

Please note that comments may be moderated. 
Leave this field empty:
Your Name:  
Your Email:  

CLOSE [X]

READ NEXT

The Fed's Rate Cut

The Federal Open Market Committee (FOMC) lowered its target for the federal funds rate 50 basis points to 4.75 percent.