DETROIT -

Ally Financial announced this week that the finance company now will have full eContracting capabilities available to dealers nationwide through RouteOne’s indirect auto financing platform.

Executives explained the solution can provide retail contract validation, signature and distribution — all done electronically. It is supported by open integrations to leading dealer management system (DMS) providers in the U.S. dealer market.

“We are pleased to have Ally become part of eContracting on RouteOne,” RouteOne chief executive officer Mike Jurecki said.

“The availability of leading financial sources, like Ally, further drives the adoption of eContracting by dealers, and enhances the entire vehicle purchasing journey for all parties involved: Dealers, finance sources and customers,” Jurecki continued.

Jurecki went on to emphasize RouteOne has a long and proven track record with eContracting. Its volume more than doubled in 2014 and by the close of 2015, is on target to exceed 4.5 million eContracts booked since inception.

The company added momentum continues to accelerate, due to strong participation by finance sources and a growing list of more than 5,000 dealers, with coverage in all 50 states.

Growth is further building because dealers can easily leverage their current DMSs and other DSPs in support of the eContracting process through open integrations to the RouteOne platform.

Furthermore RouteOne eContracting can provide compliance auditing throughout the entire contracting life-cycle and a flexible, consumer-friendly signing process that can be done using signature pads, tablets, or nearly any touch-screen device.

The addition of Ally to eContracting through RouteOne’s platform is designed to reflect Ally’s digital capabilities and commitment to an industry that is shifting toward a digital marketplace. 

“eContracting provides a variety of benefits to our dealers and streamlines the transaction for the consumer,” said Tim Russi, president of auto finance at Ally.

“Ally continues to invest in our technology to provide dealers the tools for faster funding and increased customer satisfaction,” Russi added.

Dealers and finance sources interested in eContracting can contact RouteOne at (866) 768-8301.