FARMINGTON HILLS, Mich. -

Earlier this week, RouteOne highlighted it will offer its finance source customers what the company is calling a "shortcut" that can allow them to quickly and easily support the RouteOne eContracting process without the typical technology investment.

The company explained DiscountOne is a new eContracting product offered exclusively to RouteOne finance source customers. It can provide many of the same benefits of "full" eContracting without requiring a system integration effort.

DiscountOne can allow finance sources to complete all the tasks associated with the eContracting process, including real-time analysis of contract packages and the ability to provide decisions to dealers within seconds. 

"With 4,000 dealers that already use eContracting on RouteOne, and more on the way, finance source support of eContracting is well on its way to becoming a ‘must have,'" RouteOne chief executive officer Mike Jurecki said.

"We understand that system integration is a significant barrier to entry for many finance sources," Jurecki contineed. "We created DiscountOne to make eContracting possible for nearly any finance source, by eliminating that barrier.  DiscountOne is a great way to get started, and a finance source can always take advantage of system integration down the road."

Using DiscountOne, finance sources can electronically receive contract packages from supporting dealers, through RouteOne, and continue with their internal processes and systems largely unchanged. 

From a dealer perspective, RouteOne emphasized there will be no change to their existing contracting process with "fully integrated" eContracting finance sources. 

Additionally, the company said DiscountOne can provide an auditable record of each transaction through secured electronic document storage within the RouteOne eVault, ensuring that RouteOne finance source customers can manage compliance.