NEW HYDE PARK, N.Y., Dec. 4, 2017 /PRNewswire/ -- Dealertrack and DealerCenter announced today a strategic integration partnership delivering a more connected F&I workflow. Independent retail dealerships using DealerCenter's DMS platform can seamlessly connect customer information to Dealertrack's open F&I platform, allowing for a smoother workflow with credit application processing. This integration speeds the deal-making process by reducing manual entries and errors on credit applications submitted by dealers, which, in turn enables faster loan decisions from their lenders.
"The partnership between Dealertrack and DealerCenter has one main goal in mind: to enable dealers to get business done, while reducing the opportunity for error and duplicate data entry," said Cheryl Miller, Dealertrack Vice President, Lender Solutions. "Dealertrack is continuing its market-leading efforts to enable a more seamless workflow through our open platform, and this milestone integration with DealerCenter is indicative of our innovative vision."
"DealerCenter is committed to collaborating with our strategic partners, such as Dealertrack, to create industry-leading technology solutions for our dealership customers. This integration combines the best of both worlds—the power of DealerCenter's full-feature DMS software with the convenience of Dealertrack's open F&I platform," said Jay Kamdar, President, DealerCenter. "DealerCenter prides itself on being a dealer-driven platform and we are thrilled to be the first to provide this revolutionary solution that enables dealers to not only send credit applications to any of their lenders on Dealertrack, but also receive lender responses without ever leaving DealerCenter."
Dealertrack is the leading provider of digital solutions to the automotive retail industry. Whether you're a dealer, a lender, a manufacturer, or a state agency, our integrated and intuitive approach to products and services makes your workflows more efficient, transparent, and profitable. From our pioneering Digital Retailing tools—bridging the gap between the online and in-store experience—to our lender network (the largest in North America) Dealertrack is the only company helping enable the transformation of auto retailing. Dealertrack is a part of Cox Automotive. For more information please visit www.coxautoinc.com.
About Cox Automotive
Cox Automotive Inc. is transforming the way the world buys, sells and owns cars with industry-leading digital marketing, financial, retail and wholesale solutions for consumers, dealers, manufacturers and the overall automotive ecosystem worldwide. Committed to open choice and dedicated to strong partnerships, the Cox Automotive family includes Autotrader®, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, vAuto®, Xtime® and a host of other brands. The global company has 32,000-plus team members in more than 200 locations and is partner to more than 40,000 auto dealers, as well as most major automobile manufacturers, while engaging U.S. consumer car buyers with the most recognized media brands in the industry. Cox Automotive is a subsidiary of Cox Enterprises Inc., an Atlanta-based company with revenues exceeding $20 billion and approximately 60,000 employees. Cox Enterprises' other major operating subsidiaries include Cox Communications and Cox Media Group. For more information about Cox Automotive, visit www.coxautoinc.com.
DealerCenter provides industry-leading web-based and mobile technology solutions for dealerships and finance companies nationwide. DealerCenter strives to create a single-sign-on solution where dealers can manage their entire operation from just one platform. The DealerCenter platform includes a full-feature Dealer Management System (DMS), Buy Here Pay Here (BHPH) Management, Customer Relationship Management (CRM), credit reports and compliance management, inventory management, hosted dealer websites, digital marketing management, and much more built into one solution. DealerCenter's mobile app technology further enhances a dealership's ability to manage their business on-the-go, and comes complete with VIN scanning, vehicle valuation, vehicle history reports, driver's license scanning, and CRM—all seamlessly syncing with DealerCenter's platform from the mobile app. DealerCenter is developed by Nowcom Corporation based in Los Angeles, CA and part of the Hankey Group of Companies. For more information about DealerCenter, visit www.dealercenter.com.