IAS Enhances SmartMenu Software with Advanced Sales and Desking Tool


AUSTIN, Texas, Feb. 15 /-- IAS announced the addition of a new sales and desking tool within the popular F&I software application SmartMenu. Dealers can now generate a compliant menu of payment choices for new and used cars separate from F&I products. Desk managers and salespeople can generate "sales" menus in a format that clearly and fairly displays up to nineteen different finance, cash, or lease vehicle purchase options. The menu clearly outlines the purchase price of the vehicle as well as the valuation of any trade-in vehicle. The desking tool is an enhancement to one of the first electronic F&I menu systems in the automobile industry -- SmartMenu. While electronic and paper F&I menus are designed to sell F&I products, the desking menu is designed to maximize front-end dollars.

"We've spent more than two years on the design and development of this solution, and the results are unmatched," says Matt Nowicki, director of Information Technology for IAS. "Although the tool is powerful and highly customizable, it's a simple solution that can be used by any dealer in any state to produce impressive results. And since it's already part of SmartMenu, F&I managers can transfer all the deal information to F&I via one mouse click!"

Since consumer trade-in valuation is a key function of an effective desking tool, IAS has partnered with one of the nation's most popular and well-respected providers of consumer vehicle valuation data, NADAguides.com. Dealers can use the SmartMenu Trade-in Valuation Wizard(TM) to submit the trade-in vehicles VIN, mileage, and options to NADAguides.com. Within seconds they are shown the consumer market value of the vehicle. And unlike typical online valuation services, the direct relationship between SmartMenu and NADAguides.com gives the user a complete breakdown of the vehicle value, including any mileage and installed option adjustments. This market value is also displayed to the customer on the printed desking menu.

Once a customer agrees to a given payment, the program includes a conversion function that allows the sales manager to convert the deal from "desking mode" to "F&I mode" by choosing the purchase option selected by the customer -- be it finance, lease, or cash. Then when the customer arrives in F&I, the F&I manager simply retrieves the deal and proceeds. Not only is this convenient for the F&I and sales managers, but the customer also sees consistency in the similar design of the menus. All taxes, fees, and other details are transferred quickly and automatically. The desking menu also includes a free and automatic OFAC lookup as well as the option to utilize the ID verification tool just like the normal F&I mode of SmartMenu.

The SmartDealerProducts suite of software, which includes SmartMenu, SmartTrac, SmartEye and SmartInsight, is available at no cost and without any long term contracts to dealers selling one or more IAS warranty products. Currently there is no additional cost to take advantage of the desking menu within SmartMenu. For more information, contact IAS at (800) 346-6469 x8989.

About IAS

Innovative Aftermarket Systems (IAS) is the leading provider of F&I aftermarket programs to automotive dealerships. IAS offers a variety of products including, GAP, Invisible Phantom Footprints, Theft Avert, Super Polyshield, The Preferred Advantage, R.O.A.D. InTire, among others. Additionally, IAS' flagship software suite, SmartDealerProducts, provides revolutionary F&I software solutions for dealerships and their customers. IAS' training department, SmartDealerUniversity, provides ongoing training and feedback to ensure continued penetration, ethical presentations and increased profits for IAS dealership customers. Headquartered in Austin, Texas, IAS has hundreds of certified agents throughout the United States and provides technology solutions and aftermarket products for many of the top-100 dealer groups.

About NADAguides.com

N.A.D.A. Appraisal Guides (NADAguides.com) is the world's largest publisher of vehicle valuations and specification information for new and used cars, trucks, vans, and SUVs, as well as van conversions, limousines, classic and collectible cars, boats, RVs, motorcycles, snowmobiles, personal watercraft and manufactured housing. The company's consumer website, NADAguides.com (http://www.nadaguides.com/ ), offers a variety of new and used vehicle services in addition to valuation information. Throughout its 74-year history, N.A.D.A. Appraisal Guides has earned the reputation as the recognized authority for vehicle valuations. Its website, NADAguides.com, is the most comprehensive vehicle information resource on the Internet today.

Source: IAS

CONTACT: IAS, +1-800-346-6469, ext. 8989

Web site: http://www.iasdirect.com/
http://www.nadaguides.com/

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