AVAbahn Integrates Wolter Kluwer Financial Tools into DMS
MINNEAPOLIS — AVAbahn, a provider of Microsoft-based solutions and services for dealers, recently announced it is incorporating Wolters Kluwer Financial Services' vehicle retail installment contracts and DocOne printing engine into the dealer management system for Microsoft Dynamics AX.
AVAbahn highlighted that integration can help franchise dealers simplify many business operations from the sales process to service departments to inventory. Executives contend that dealers can meet current regulations governing auto finance because of Wolters Kluwer's vehicle installment contracts and DocOne document printing engine and compliance validation tool.
Company officials went on to explain what DocOne does. The solution is intended to provide data merging and population of Wolters Kluwer's warranted bankers systems retail installment contracts. They stressed it can help to ensure loan documentation is accurate and compliant.
"DocOne builds the correct selection of forms and contracts based on the particular lending and regulatory requirements, and validates the data to maintain compliance," company officials stressed.
AVAbahn mentioned that it conducted a successful pilot program with a large dealer group to test its solution integration. The success of that endeavor prompted the company to roll out the integration to all interested dealers.
"The dealer management system for Microsoft Dynamics AX is designed to make everyday business operations and processes easier for dealers," explained Richard Ward, president at AVAbahn.
"Wolters Kluwer Financial Services' compliance technology and content provides a critical component by simplifying indirect finance transactions," Ward added.
Lee Domingue, chief executive officer of indirect lending at Wolters Kluwer, shared his company's position about this integration with AVAbahn.
"DocOne and our retail installment contracts not only ease the finance process, but they also free dealers from the cost and time associated with maintaining extensive finance document libraries," Domingue stated.
"Working with AVAbahn we can help more franchise dealers maintain regulatory compliance and gain confidence with reliable technology and accurate data," Domingue concluded.