IRVINE, Calif. -

Spireon announced on Wednesday that consumer loan servicing systems provider Megasys will partner with the mobile resource management provider to provide out-of-box integration with Spireon tools.

Company officials contend the integration between Spireon GoldStar GPS and Megasys Omega marks the auto finance industry’s first integration between major companies allowing customers to save time and money by centralizing all critical information into one convenient loan servicing system.

APIs can enable automotive finance companies to automate order entry and use key GoldStar GPS features within Megasys Omega such as locating vehicles, enabling or disabling the starter and sending payment alerts.

"We are excited to enter this partnership with Spireon,” Megasys president and chief operating officer Theo Austin said. “Time is money to our lender customers, and we are thrilled to offer additional time-saving tools with the performance and reliability that GoldStar GPS has brought to the market for years.

“This integration will give lenders the best analytical tools available to help them improve their bottom line and gain the competitive edge,” Austin continued.

Spireon’s automotive solutions, including GoldStar GPS, are designed to support the broad automotive ecosystem, allowing dealers and finance companies to put more of their customers into vehicles.

With Spireon’s solutions, dealers have the tools necessary to make smarter lending decisions while protecting their investment. GoldStar GPS can offer an intuitive user interface, predictive analytics and capabilities that help customers ensure longer performing loans and improve their business fundamentals.

GoldStar GPS is built on Spireon’s award-winning NSpire M2M intelligence platform, providing unparalleled reliability and the industry’s first 99.9 percent performance guarantee.

“Our partnership with Megasys allows us to provide customers with a turnkey, end-to-end system to automate auto loan management,” said David Meyer, executive vice president for Spireon’s Automotive Telematics Group.

“We teamed up with a proven market leader in order to help customers save time and money by enabling them to focus on their core jobs and maximize productivity,” Meyer went on to say.