Toyota Financial Services Partners With DataScan
TORRANCE, Calif. -- Toyota Financial Services (TFS) announced plans to retire its internal legacy system to deploy DataScan Technologies' Wholesale Management System (WMS) and Collateral Management System (CMS). These systems are fully integrated wholesale floorplan accounting and risk management solutions.
In addition, TFS will use DataScan's Dealer Access System (DAS) to offer online wholesale floorplan functions for dealers with Internet access. DAS will provide TFS's financed dealerships with secure online access to request funding for new loans, to initiate payments, and to print reports and billing statements. The new application will also provide online access to other floorplan loan information.
DataScan will host the suite of products online via its Application Service Provider (ASP) solution.
"We continually strive to find better ways to improve our wholesale division and better service our Toyota dealers," said Shaun Coyne, vice president and CIO of TFS. "After much due diligence, we opted to deploy DataScan's suite of wholesale management solutions to consolidate and simplify the floorplan process."
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