LOS ANGELES -

In another effort to implement cost-saving and innovative technology-based initiatives to foster business and meet the demands of its expanding customer base, Westlake Financial Services is now available on RouteOne’s eContracting platform.

This development arrives not long after Westlake announced it was expanding its servicing team at the WFS Production Center in Dallas.

Westlake Financial Services group president Ian Anderson explained why the company made this move with RouteOne.

“For Westlake, RouteOne eContracting is all about providing faster funding to our dealers,” Anderson said. “We’ve always been about auto-decisioning, and we see this as a step toward auto-originations.”

Anderson emphasized that Westlake’s strategic advantage includes offering a comprehensive, fast and secure originations process. This process is supported by pairing dealerships with knowledgeable credit analysts to assist them in buying deals, verifying stipulations and funding.

“RouteOne is a great partner to Westlake and to our dealers,” Westlake senior vice president of sales Mark Vazquez said. “Launching eContracting will add efficiencies in our originations process by getting decisions faster, reducing contract errors, and in the end, providing better service through faster funding.”

Using RouteOne’s eContracting platform, dealers can receive electronic validation and distribution, ability to audit throughout the entire contracting life-cycle, and a user-friendly signing process that can be done using signature pads, tablets or nearly any touch-screen device.

“We are pleased to expand our finance source availability to our dealer customers,” RouteOne chief executive officer Mike Jurecki said.

“Both RouteOne and Westlake are passionate about technology and bringing efficiencies to the entire vehicle purchasing process,” Jurecki continued. “eContracting accomplishes this in many ways including seamless sharing of data and comprehensive validation prior to the customer signature, all which lead to faster funding and improved customer satisfaction index.”

Dealerships interested in financing their customers through Westlake financing can go to www.westlakefinancial.com or can learn more information by calling (888) 893-7937. Dealers and finance sources interested in eContracting can contact RouteOne at (866) 768-8301.