DAYTON, Ohio, July 20, 2016 /PRNewswire/ -- The Reynolds and Reynolds Company today announced that Reynolds Document Services has released the Reynolds LAW® South Carolina F&I Library, a comprehensive catalog of standardized, legally reviewed finance and insurance (F&I) documents available to automobile dealers in the state of South Carolina.
"We are pleased to announce the availability of the LAW South Carolina F&I Library," said Jerry Kirwan, senior vice president and general manager of Reynolds Document Services. "Dealers are continually bombarded with a variety of pressures that greatly influence the success of their business. That's everything from increased regulations to greater consumer demand for a more engaged and rewarding buying experience with the dealership. The documents in the LAW South Carolina F&I Library are designed to help dealers face and handle these pressures."
Kirwan noted documents in the LAW South Carolina F&I Library are regularly reviewed for compliance with the latest automobile regulations by Reynolds' industry-leading forms specialists alongside Reynolds' outside legal partners. These reviews help dealers meet their compliance obligations and reduce their litigation risk.
In addition, since the documents in the library are written in consumer-friendly language, a clearer, more efficient F&I process is created for the consumer. 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 South Carolina F&I Library are also available in digital format, which helps facilitate the conversion to laser-printed transactions or 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
The 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 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 printing company. Since the 1920s, Reynolds has been known as the leader in serving automobile dealerships nationwide with standard and custom business and vehicle sales 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. (www.reyrey.com)
SOURCE The Reynolds and Reynolds Company