ONTARIO, Calif. — CUDL recently completed dealer management
system integration of its lending system with Open Dealer Exchange along with
its parent companies' DMS from ADP and Reynolds and Reynolds.

As a result of the integration, officials highlighted CUDL now
can offer direct credit application integration for ADP and Reynolds users from
the dealer's DMS directly to the CUDL lending system.

With the direct connection from Open Dealer Exchange, CUDL insisted
it has improved processing efficiencies for their credit union partners and
members.

"The success of any new dealer facing solution is measured
by those whom are intended to use it; the dealers," said Steve Luyckx, general manager
of Open Dealer Exchange.

"The ODE-CUDL relationship is delivering workflow solutions
that enable efficiencies to many lenders who in turn service many more dealers,"
Luyckx continued. "We are very pleased to have this credit application
milestone deploying to the market with queued demand and look forward to expanding
the CUDL-ODE market presence."

The company went on to mention the integration between CUDL
and ODE can provide dealers with the unique ability to send application data to
CUDL from their DMS, as well as be able to send application data from CUDL back
to their DMS. 

As a result, the marketplace now has a solution that
provides true two-way integration capabilities, eliminating double entry of
application data, and further streamlining the entire application process for
both dealers and credit unions using the CUDL system.

"As a result of our partnership with Open Dealer Exchange,
we're able to further streamline the entire application process between our credit
union and auto dealer partners," said Jerry Neemann, executive vice president
of CUDL for automotive and strategic alliances.

"By introducing this new two-way integration, we've improved
the loan application process for dealers, while increasing auto loan opportunities
for credit unions," Neemann added.

For more information, visit www.opendealerexchange.com or
www.cudl.com.

Continue the conversation with SubPrime Auto Finance News on LinkedIn and Twitter.


Normal
0
false
false
false
EN-US
X-NONE
X-NONE

/* Style Definitions */
table.MsoNormalTable
{mso-style-name:”Table Normal”;
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-qformat:yes;
mso-style-parent:””;
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin-top:0in;
mso-para-margin-right:0in;
mso-para-margin-bottom:10.0pt;
mso-para-margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:”Calibri”,”sans-serif”;
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:”Times New Roman”;
mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;}