DAYTON, Ohio, July 22, 2015 /PRNewswire/ -- Reynolds and Reynolds today publicly announced the availability of the Reynolds LAW® Louisiana F&I Library, a comprehensive catalog of standardized, legally reviewed finance and insurance (F&I) documents available to automobile dealers in Louisiana. Reynolds is endorsed by the Louisiana Automobile Dealers Association (LADA).
"As regulatory requirements increase for automobile retailers, so does the scrutiny of their business operations," said Jerry Kirwan, senior vice president and general manager of Reynolds Document Services. "We've developed the documents in the LAW Louisiana F&I Library to help dealerships better manage compliance risk as well as streamline their F&I processes and improve the customer experience with the dealership."
The documents in the LAW Louisiana F&I Library are regularly reviewed for compliance with the latest regulations. Reynolds' industry-leading forms specialists lead the review alongside Reynolds' outside legal partners.
"LADA is thrilled to have Reynolds and Reynolds in the marketplace. They are a quality company. The LAW Louisiana F&I Library gives our dealers options to improve dealership operations as well as enhance the experience for their customers," said Bob Israel, president of the LADA. "We are pleased to endorse Reynolds as a company and that it has undertaken this effort."
Based in Baton Rouge, Louisiana, the LADA is a political, economic, and educational association created for Louisiana dealers, by Louisiana dealers, and managed by Louisiana dealers, with the mission to protect the interests and increase the value of automotive dealerships throughout the state. Visit the LADA online at www.lada.org.
About Reynolds LAW Brand Documents
Reynolds' LAW brand is well established in the automotive industry as a brand of trust. 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 regularly reviewed by industry experts to help keep pace with new legislative and regulatory developments.
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.
Founded in 1866 as a business forms printer, Reynolds and Reynolds today is a leading provider of automobile dealership software, services, and documents 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.
SOURCE The Reynolds and Reynolds Company