CHICAGO — F&I Administration Solutions, a provider of software solutions for the administration of automotive F&I products, formed a partnership with Wright Express Corporation to integrate their two leading products: SCS Auto and the Wright Express corporate branded MasterCard.
The benefit of this integration is that administrators of service contracts and other products who use the SCS Auto platform will be able to automatically issue, fund and reconcile credit card payments without ever leaving the SCS Auto platform.
“With this partnership, not only will the system automatically generate a unique credit card number for each payment but there will be strong security around the amount that can be charged, who it can be charged to and what each charge is for,” said David Trinder, CEO of F&I Administration Solutions. “In addition, the unique card number for each payment means that the reconciliation process is simple, quick and accurate.”
“We are pleased that F&I Administration Solutions chose Wright Express as its strategic partner to integrate its two leading products,” said David D. Maxsimic, executive vice president, sales and marketing at Wright Express. “The Wright Express solution addresses many issues within the current process and every SCS customer we have presented this to has shown great interest. This solution is secure and efficient, and providers can easily see the benefits to their processes and controls. The competitive rebate that is available to providers is also a strong motivating factor.”
“The demand has been so strong that we will deliver it with the next software release in early 2010,” continued Trinder. “We are particularly pleased to again show the power and benefits that come from connecting to all partners within the industry.”