Expedite Contract Processing Regardless of Workload

by Dealertrack on August 13, 2019

eContracting has made it so indirect auto lenders can process contracts and fund their dealers faster. Unfortunately, many dealers haven’t given up the paper contracting habit yet, so lenders must find ways to beef up their contract processing on two fronts. It can be a challenge for lenders to deliver faster funding for paper contract package...

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CBA Live: The Time for eContracting is Now

by Dealertrack on May 8, 2018

Andy Mayers, Dealertrack Lender Solutions strategist, recently participated in a panel discussion at retail banking industry event CBA Live. The conversation focused on dealer motivations, eContracting, operational efficiencies and internal dealer is...

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The Three Pillars of eContracting

by Dealertrack on January 5, 2018

Even in the age of digitization and tech-savvy millennials, many dealerships still rely on long and laborious paper contracts for F&I processing, as well as the error-prone approach of manual data entry. However, with more millennials becoming car buyers, and older generations also demanding a better online and in-store shopping experience, now...

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Three Questions to Ask About eContracting Technology

by Dealertrack on January 3, 2017

Few technology solutions solve a pressing retail issue as efficiently and precisely as electronic contracting.Indeed, virtually every aspect of the contract process is improved through this technology, starting with an improved consumer experience, and ending with a streamlined workflow between dealership and lender. eContracting is a s...

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Key Dealertrack Technology Solutions

by Dealertrack on December 23, 2016

Let’s face it: the business of automotive retail is changing.Today, car buyers spend more time shopping online and less time going to dealerships; when they do walk into a showroom, it's likely that they know what they want, right down to the amount of time they're willing to spend on the deal. That's where good technology helps,...

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The Dealership Guide to eContracting

by Dealertrack on December 14, 2016

Fast and efficient electronic contracting is changing the way deals are completed.The reason? It's streamlining key process and workflow points in the retail experience. Simply put, electronic contracting is the digital creation, validation, and execution of an automotive purchase contract, along with an online submission process betwee...

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Fast and Efficient Contracting is Changing the Way Deals are Done

by Dealertrack on November 21, 2016

Good technology simplifies. It creates efficiencies in process, and expands the possibilities of increased profitability -- in the short term and long term. As critical aspects of the automotive retail workflow evolve with technology, dealerships and the lenders they do business with are beginning to see these improvements come to life, especial...

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The Future of eContracting: Bright Lights, Big Volumes

by Dealertrack on June 14, 2016

If the future of the F&I office includes electronic contracting, that future is, well, happening right about now. Indeed, dealerships and lenders are signing on to this electronic (and expeditious) approach to contracting at a faster rate than ever before; many analysts even expect eContracting to make up over 50 percent of total c...

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