Penske said today it intends to integrate electronic document management to improve workflow and efficiency and install the Reynolds docuPAD system in F&I departments across more than 120 Penske dealerships.
When installations are completed in mid-July, Hendrick Automotive Group will be the largest single user of Reynolds’ docuPAD system in the United States.
The dealership software, documents, and compliance services provider has acquired IDS, a provider of mortgage documents and compliance services.
The new functionality between docuPAD and RouteOne eliminates the need to switch between applications and technology to sign RouteOne contracts and other related documents.
An Illinois dealer took his store’s F&I performance from acceptable to exceptional after making the switch from a paper menu to an electronic version.
The Reynolds and Reynolds Co. received two patents for its docuPAD system. Additional patents are pending, officials said.
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