May Finance Source Newsletter | RouteOne LLC

May 2016 Finance Source Newsletter

Within the RouteOne Finance Source May Newsletter, you will gain a better understanding the RouteOne features to help you communicate with dealers more efficiently! Plus, you will get informational tips on eContracting, Self-Service Paper Out, RouteOne compliance webinars, system tips, and more!

Finance Sources Are Counting on RouteOne's Text Messaging Feature, Are You?

If you’re not already taking advantage of the Text Messaging feature within RouteOne, here are some valid reasons why you should be!

The RouteOne Text Messaging feature allows finance sources to communicate with dealers in real-time without having to pick up the phone. Although it was created as a communication tool for dealers and finance sources, it now serves several purposes in the vehicle financing process. To learn more about the other uses of the RouteOne Text Messaging feature, click here.

With RouteOne’s Text Messaging feature, Finance Sources can communicate to dealers more efficiently during the credit application process, and now during the eContracting process! To start communicating with dealers via text messages today, contact your RouteOne Account Manager.
 

A Primer on eContracting

Change is being driven by evolving consumer expectations, dealer demand, and the security and efficiency benefits eContracting offers to finance sources.
 
Our eBook, A Primer on eContracting, will give you an in-depth understanding of what eContracting is, and what it can do for your finance source! It will cover popular topics, including:
      • The Technology That Makes eContracting
      • Legal and Compliance Considerations
      • Finance Source and Dealer Benefits
      • The Future of eContracting

      Get a better understanding of eContracting and what it can do for your finance source with RouteOne’s complimentary eBook, ‘A Primer on eContracting’. Click here to download the eBook.

      For more information on eContracting or a similar contracting solution, such as DiscountOne, contact your RouteOne Account Manager

      RouteOne System Tip

      Finance Sources using RouteOne eContracting can now Paper Out® a contract!
       
      Recently, RouteOne released new functionality to allow eContracting finance sources to Paper Out a contract after a contract has been ‘Booked’ by the finance source. To learn how to Paper Out a contract, download the Paper Out Quick Start Guide found in the 'News/Info' tab of the RouteOne system.
       
      New Paper Out Contract Permission
      RouteOne Admins may grant “Paper Out Contract” permissions within the ‘Admin’ tab to allow the user to search for a deal, view the contract summary and paper out the contract.

      Other Recent System Enhancements
      Please visit the Release Notes found in the ‘News/Info’ tab within the RouteOne portal.
       
      Paper Out is a registered trademark of eOriginal.

      Dealer Educational Compliance Webinar, “2016 Security Update” is Now Open for Registration

      With the increase in identity thefts happening in the US, the importance of proper data security within the dealership is becoming more important than before.

      RouteOne will be hosting a complimentary Compliance Webinar “2016 Security Update: Establishing a Dealership Information Security Program” in an effort to help educate dealers on how to better protect themselves from 2016’s threatening and costly cyber security threats. While the webinar is focused for dealerships, finance sources are also welcome to join the compliance webinar.

      To watch the '2016 Security Update' compliance webinar that was held on June 8, 2016, click on the ‘Watch Webinar’ link below.

      Future Availability of Arbitration Forms for eContracting

      RouteOne is releasing additional arbitration language forms!

      Today, finance sources in several states now have the option to use this form, including: Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Illinois, Maryland, Michigan, Mississippi, Nebraska, New Hampshire, New Jersey, North Carolina, Pennsylvania, Rhode Island, Texas, Utah, Vermont, and Wisconsin.

      If your state is not yet available and you’re interested in receiving the arbitration version of the LAW® contract, please contact your RouteOne Account Manager.

      LAW is a registered trademark of Reynolds and Reynolds.

       

      RouteOne In The News

      Add-Ons and Compliance: Keep Consumers Informed and Offer Value
      Dan Doman, RouteOne’s Chief Legal and Privacy Officer, explains the best practices for dealers to present and sell add-on products to consumers in recent Dealer Marketing Magazine article, “Add-Ons and Compliance: Keep Consumers Informed and Offer Value.”

      SubPrime Auto Finance News: Finance Technology Roundup
      RouteOne Desking was featured in SubPrime Auto Finance News Article, “Finance Technology Roundup: 4 Enhancements Involving 5 Providers,” as new technology in the auto financing space.

      Upcoming RouteOne Event
      Visit RouteOne's Booth at the 20th Annual Non-Prime Auto Financing Conference (NAF) on June 1-3 in Plano, Texas. Follow #RouteOneEvents for updates!

      Now Supporting RouteOne's Payoff Quote Feature

      • Neighborhood Credit Union
      • Consumers Credit Union
      • First National Community Bank
      • JSC Federal Credit Union
      • Metro Credit Union
      • Automotive Credit Corp

      RouteOne Support

      For more information on any of the RouteOne products, features, tools, or services, please contact your RouteOne Account Manager, or Jeff Belanger, Senior Director, Finance Source Development at 248.862.7064 or Jbelanger@RouteOne.com.