Credit Online, Inc. and Reynolds and Reynolds Sign Strategic Partnership
Credit Online, Inc., a member of The First American Corporation family of companies, announced October 11 a strategic technology and marketing alliance with The Reynolds and Reynolds Company, a provider of automotive dealership management systems. This new alliance provides Reynolds' dealer customers with electronic connectivity, via the Internet, to all of their funding sources. Integration with Reynolds ERA finance and insurance system will make Credit Online's CreditConnection service available to 9,500 Reynolds dealers in the United States and Canada.
"CreditConnection fits well into our strategy of offering totally integrated solutions that materially improve the business processes within the dealership," said Greg Collins, senior vice president of Reynolds and Reynolds. "We're very pleased to be joining forces with credit online to offer this capability to our automotive clients."
Howard Tischler, president and chief executive officer of Credit Online said, "We're delighted to welcome Reynolds and Reynolds as our newest partner. CreditConnection and the CreditOnline Network have now been selected by the top three DMS providers and 26 major lenders, as well as other suppliers of dealership software and services. This validates our technology as the standard solution of choice for electronic connectivity in the F&I office."
CreditConnection is part of CreditOnline's patented CreditOnline Network, a technology that instantly connects dealers with credit bureaus and multiple funding sources throughout the US and Canada via the Internet. The service is available 24 hours a day, seven days a week, expediting the credit application approval process from days to minutes.The service also provides a host of communication and analysis tools that cater to an F&I manager's need to increase productivity in the key profit centers in the dealership.
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