DAYTON, Ohio, Aug. 3, 2016 /PRNewswire/ -- The Reynolds and Reynolds Company today announced the release of the Reynolds LAW® Indiana F&I Library, a comprehensive catalog of standardized, legally reviewed finance and insurance (F&I) documents for new vehicle dealers throughout the state of Indiana.
"We are pleased to announce this comprehensive suite of documents for Indiana automotive retailers," said Jerry Kirwan, senior vice president and general manager of Reynolds Document Services. "The documents in the LAW Indiana F&I Library are designed to help dealers minimize compliance risk and create a smoother car-buying experience for consumers."
Kirwan noted that because regulation is a constant demand of dealers, the documents in the library are regularly reviewed for compliance with the latest automotive regulations by Reynolds' industry-leading forms specialists alongside Reynolds' outside legal partners. The library is a specific tool to help dealers meet compliance obligations and reduce risk.
Kirwan also noted that because the documents in the library are written in consumer-friendly language, they can help to establish a clearer, more efficient F&I process at the dealership. By increasing the efficiency of the F&I process, the overall consumer experience with the dealership can be improved.
The printed documents in the LAW Indiana F&I Library also are available in a digital format, which can help facilitate the conversion to laser-printed transactions and e-contracting. Reynolds Document Services maintains licensing agreements with all major providers of electronic F&I (e-F&I) solutions.
About Reynolds LAW Brand Documents
Reynolds' LAW brand is well established as one of the most trusted brands in the automotive industry. LAW documents are available in all 50 states and Washington, D.C., and have been endorsed by a number of state automobile dealers associations and leading automotive finance institutions.
The flagship product of the LAW brand is the Reynolds LAW® 553 Universal Retail Installment Sale Contract, the most widely accepted document in auto finance. The Reynolds LAW 553 is available in a variety of languages and is regularly reviewed by industry experts to help keep pace with new legislative and regulatory developments.
Reynolds and Reynolds was founded in 1866 as a business forms printer. Since the 1920s, Reynolds has been known as the leader in serving automobile dealerships nationwide with standard and custom business and vehicle sales and service documents to help dealers manage their operations more efficiently and serve their customers more effectively.
Reynolds and Reynolds is a leading provider of automobile dealership software, services, and forms to help dealerships deliver better business results and transform the customer experience. The company is headquartered in Dayton, Ohio, with major operations in Houston and College Station, Texas, and Celina, Ohio. (www.reyrey.com)
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/reynolds-and-reynolds-announces-new-law-indiana-fi-library-300308600.html
SOURCE The Reynolds and Reynolds Company