Reynolds and Reynolds Canada Limited Announces the Integration of RouteOne with the REYNOLDSYSTEM(TM) DMS Platform
MISSISSAUGA, Ontario, Dec. 14 -- Reynolds and Reynolds Canada Limited, the leading provider of integrated solutions for automotive retailers, and RouteOne Canada, the premiere credit application management system for North American dealers, announced today the launch of full integration between the REYNOLDSYSTEM(TM) platform and the RouteOne system. The eF&I Certified Finance Integration (CFI) with RouteOne seamlessly integrates with the Reynolds' eF&I (FAIT) system to eliminate the need to re- key information that already exists in the Reynolds system.
"Our dealers have told us that the RouteOne credit management system is their first choice for accessing finance sources and processing transactions," said Barry McMillan, president, RouteOne Canada. "DMS integration is a key part of our strategy and we are very pleased to have a market leader like Reynolds and Reynolds as an integration partner."
RouteOne is a web-based credit application management system for automotive dealers, developed to help improve the efficiencies in the automotive financing arena for dealers, customers, and participating financial institutions. It features 24x7 electronic connectivity, enhanced integration with eF&I (FAIT), integrated reporting, and access to major captive and non- captive finance sources. RouteOne Integration with Reynolds helps make the financing process fast, smooth, and error-free, and reduces the pain and stress associated with the more traditional buying experience. Deals can be structured based on known factors, leading to more profitable deals, increasing close rates, reducing resubmissions and walk-a-ways.
"We are excited about the possibilities that will be created with the integration of REYNOLDSYSTEM(TM) with RouteOne," commented Ron Reed, Vice President of Reynolds Canada. "RouteOne Integration will create for our customers a faster, smoother and more error-free financing process and help them become more efficient and profitable in the business of selling cars."
The ability to seamlessly integrate RouteOne with REYNOLDSYSTEM(TM) leads to significant savings. RouteOne Integration eliminates both the need to manually input loan application information into the RouteOne portal and the errors that cause resubmissions and re-contracting. After piloting RouteOne Integration, Gurdeep Sandhu from Applewood Chevrolet Cadillac noted an average savings of 6-7 hours per month, representing a cost savings of over $2,900 a year.
The integration between Reynolds and Reynolds and RouteOne will be available immediately.
About Reynolds
Reynolds and Reynolds (www.reyrey.com) helps automobile dealers sell cars and take care of customers. Serving dealers since 1927, it is a leading provider of dealer management systems in the U.S. and Canada. The company's award-winning product, service and training solutions include a full range of retail Web and Customer Relationship Management solutions, e-learning and consulting services, documents, data management and integration, networking and support and leasing services. Reynolds serves automotive retailers and OEMs globally through its incadea solution and a worldwide partner network, as well as through its consulting practice.
About RouteOne
RouteOne was formed in 2002 to create a more streamlined credit application process for automobile dealers and their customers. Jointly owned by DaimlerChrysler Financial Services, Ford Motor Credit Company, GMAC, and Toyota Financial Services, RouteOne also provides a single point of access for dealer credit applications to some of the largest auto lenders and banks in North America. RouteOne offers dealers a common platform for submitting credit application information to the multiple finance sources with which they do business. Automotive dealers and their finance sources can exchange credit application and credit decisions in near real-time using RouteOne's web-based network. More information is available at www.routeone.com.
Media Contact:
Sue Mysko
MarComm Manager
Reynolds and Reynolds Canada
905-267-6354
sue_mysko@reyrey.com
Michael Gaertner
Vice President, Sales and Marketing
RouteOne Canada
905-530-2347
Source: RouteOne Canada; Reynolds and Reynolds Canada
Web site: www.routeone.com/
http://www.reyrey.com/
