ITURAN and ABCoA/Deal Pack DMS Announce Key Partnership, Galvanizing Collateral Management for BHPH Dealers

FT. LAUDERDALE, Fla., April 7, 2015 /PRNewswire/ -- Since its founding in 1995, ITURAN has sought to bring easy and effective asset protection tools to sub-prime and BHPH auto dealers across the country. The company's line of GPS-enabled asset tracking and recovery tools has revolutionized the way in which these dealers protect their assets and improve collections. Now, ITURAN's technology is coming to an even wider population of dealers than ever before, thanks to the full integration of its technology with ABCoA's Deal Pack dealer management system.

ITURAN is known as an industry leader for its pioneering GPS products, which provides dealers with total security in their ability to track and monitor their assets at any time and from any location, including 24/7 customer service, computer or from a mobile device. In addition to tracking their assets, dealers can also use many of Controlit's features such as Parking Behavior, Geozones, 25-hour heartbeat, smart starter enable to ensure connectivity even without cellular coverage, towing alerts & notifications, send payments reminders to increase collections and a customizable suite of reports tailored to dealer's needs.

ABCoA is a leading provider of software solutions for the subprime finance and used car industries.  Deal Pack, ABCoA's total DMS solution, offers fully integrated sales, leasing, finance, and service modules, with electronic contracting, real time accounting, and payment processing. Deal Pack's fully integrated approach provides dealers a single, total solution - ensuring a safe and secure environment for participating lenders. The integration with Ituran's Controlit will allow dealers to manage their GPS accounts directly from Deal Pack, and to automate the payment reminder process while also accessing Ituran's starter interrupt technology, its skip protection resources, and its parking behavior reports. This step is another improvement that ABCoA & Ituran offer the dealer community - supporting its effort to increase collections efficiency, while ensuring compliance.

"This collaboration is significant for dealers and financiers, because it brings together two of the most dynamic and forward-thinking collateral management technologies in existence, streamlining the process and making it simpler than ever for dealers to protect their investments and collect more efficiently," comments Ariad Sommer, the CEO of Ituran. "ABCoA is a leading dealer management software company, and we are proud to be working alongside them."

ABOUT ITURAN:

Since its founding in 1995, ITURAN has risen to become the premier provider of vehicle tracking technologies, asset protection services, and vehicle recovery solutions. The company's unique product offerings, relying on proprietary technology and driven by a commitment to world-class service run the gamut.  The company's latest product, the cost-effective and results-oriented Controlit Core, re-affirms ITURAN's standing as a global leader in its field. ITURAN is a financially sound and publicly traded company, appearing on the NASDAQ under the symbol ITRN.  Visit Ituran USA at this year's BHPH World Conference in April and NABD Annual Conference in May for a live demonstration or at www.ituranusa.com

ABOUT ABCoA:

Since 1983, ABCoA has pioneered software in the subprime and used car industries. Deal Pack® is a DMS solution offering fully integrated Sales, Leasing, Finance, and Service modules with real time accounting and personalized customer service. Deal Pack is a truly integrated solution with accounting at its core. Whether you are a BHPH, LHPH, RFC, external or internal lessor, floor planner, finance, or sales company, Deal Pack will handle all of your business needs transparently – saving you time, increasing your bottom line, and allowing you the freedom to focus on your daily operations. Visit ABCoA/Deal Pack at the BHPH World Conference in April, NABD Annual Conference in May, or at www.dealpack.com.

Contact:
Efrat Bogoslavsky
ITURAN USA, Inc.
1700 NW 64th Street, Suite 100
Ft. Lauderdale, Florida, 33309
866-543-5433
[email protected]

SOURCE ITURAN USA, Inc.

Related Links

http://www.dealpack.com