Wolters Kluwer Financial Services Teams with EverLogic to Enhance Loan Approval and Compliance Documentation for Dealers
MINNEAPOLIS — Wolters Kluwer Financial Services recently announced
that EverLogic, a provider of dealer management software, will integrate the
company's AppOne platform.
Officials highlighted the integration is designed to help
dealerships of all types and sizes manage the sales and F&I process more
efficiently.
AppOne can helps to automate the indirect lending, credit
approval and compliance processes for dealerships and lenders. EverLogic's sales
and F&I module can help dealers seamlessly manage and monitor every step of
the sales process from prospect management through the closing.
Through a new AppOne
interface in EverLogic, dealers can pull all of the needed financial data
already entered into the DMS system to populate credit applications and easily
submit them to lenders for approval via AppOne, eliminating duplicate data
entry and making the processing of loan applications faster and less prone to
errors.
Once submitted, dealers can also access and print Wolters
Kluwer Financial Services' state-specific Bankers Systems loan documents,
including retail installment contracts and required ancillary forms from within
AppOne.
"This relationship
will allow our dealers to save time and simplify the credit application and
contract creation process," EverLogic product manager Michael Goodwin said. "At
the same time, we can help them connect with lending sources that are using
AppOne."
Brad Fleener, senior director and general manager of indirect
lending at Wolters Kluwer Financial Services added, "Integration with Everlogic's
dealer management software means more dealerships will have access to AppOne,
and more lenders can gain peace of mind knowing that the challenges surrounding
documenting transactions are being addressed before each loan application
crosses their desk.
"We are excited to work with EverLogic and further our
commitment to the various markets they serve," Fleener went on to say.
Wolters Kluwer Financial Services' indirect lending business
monitors pending and enacted legislation that impacts the auto, marine and RV
finance and dealer markets.
The company's compliance documentation, software and
services help both lenders and dealers mitigate risk and ensure new laws and
regulations are embedded within their business operations. Prominent brands
include AppOne, Bankers Systems and CompliSource.
For more information, visit
www.WoltersKluwerFS.com/Indirect.
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;}