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CDK Global, Open Dealer Exchange and e-SignLive by Silanis improve the car buying, selling and lending experience with e-signatures and e-vaulting

(Southfield, MI and Montreal, QC) – January 28, 2015 – CDK Global, a leading dealership technology solutions provider, Open Dealer Exchange (ODE), a technology leader within the automotive finance and insurance process and subsidiary of CDK Global, and e-SignLive™ by Silanis, the e-signature choice for business, today announced the successful integration of e-SignLive e-signing service into CDK's platform, as well as the use of the e-SignLive eVault within ODE's platform. The integration of these technologies solves an almost universal challenge within the car buying and selling experience – the need to speed up the time it takes to prepare, review and sign loan documents on paper and close bookings, while securely storing financial documents and meeting lender program guidelines.

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America's "Heartbeat" Returns — Open Dealer Exchange Provides Digital Deal™ Innovation in Mending Economy

Open Dealer Exchange says the Digital Deal™ benefits both dealer and buyer in reduced sales time and costs by eliminating a cumbersome paper process — but also ultimately encourages consumers to buy, thereby providing better economic security for the Heartland.

(Tampa Bay, FL) January 13, 2014 – In 2009, automotive sales hit a low not seen since 1982. While the automotive trade has begun to recover, the New Economy has brought with it a demand to innovate and modernize—but the majority of finance and insurance (F&I) activities are still stuck in paper overload, leaving the automotive-buying practice disjointed and unorganized. The Digital Deal™, developed by Open Dealer Exchange, LLC (ODE), a joint venture with ADP and Reynolds and Reynolds, was established to streamline the auto-buying process with automated methods specifically designed for better management of the automotive industry. Digital Deal™ officials say automation drives customer satisfaction and confidence by speeding up and standardizing fair lending practices—ultimately protecting the consumer and providing better stabilization of the American economy.

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Auto Lenders Subject to CFPB Scrutiny – Open Dealer Exchange, LLC Says Digital Files Reduce Risk of Noncompliance

The Consumer Financial Protection Bureau has instituted strict regulations that govern how auto lenders operate, making them susceptible to investigations if noncompliance is suspected. Open Dealer Exchange offers paperless services that not only improve efficiency, but also limit the chances of lenders encountering compliance issues.

(Tampa Bay, FL) December 30, 2013 – In the years following the Great Recession, the Consumer Financial Protection Bureau (CFPB) has aggressively expanded its reach beyond large banks and focused its attention on the auto finance industry. Richard Cordray, director of the CFPB, recently stated a request for more "openness and transparency" for the agency's supervision of auto lending, demonstrating an effort to strike a balance in the way the bureau regulates transactions in the auto market (1). Consequently, an answer to alleviating CFPB compliance issues has been established for lenders: Open Dealer Exchange, LLC (ODE), a joint venture of ADP and Reynolds and Reynolds, has streamlined the auto-buying process with its Digital DealTM, which includes electronic methods to standardize the industry and assist lenders in adhering to CFPB regulations.

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OptionSoft to connect with Provider Exchange Network

OptionSoft menu connection with Provider Exchange Network (PEN) increases integration opportunities for OptionSoft dealers, insurance providers, third party administrator partners and PEN-enabled providers.

SOUTHFIELD, MI (PRWEB) September 19, 2012 – Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC, announced today that it has agreed to integrate with the OptionSoft Technologies F&I Menu. This integration will allow OptionSoft to better serve its thousands of dealers via PEN's streamlined electronic rating, forms and contract booking connection.

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IAS SmartMenu to connect with Provider Exchange Network

Innovative Aftermarket Systems (IAS) menu will connect with Provider Exchange Network to increase product exposure for 1500+ dealers using SmartMenu.

SOUTHFIELD, MI (PRWEB) September 6, 2012 -- Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC, is pleased to announce integration with Innovative Aftermarket Systems (IAS). The IAS SmartMenu application will now feature electronic rating, forms and contract origination for F&I product providers via PEN.

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Reynolds Adds Integration Between its Dealership Management Systems and the Provider Exchange Network

New Capabilities Enable Dealers Instant Access to F&I Product Rating and Booking From Within ERA® and POWER F&I Applications

DAYTON, OH (PRNEWSWIRE) September 4, 2012 -- Reynolds and Reynolds today announced the availability of integration between the Reynolds ERA® and POWER dealership management systems (DMS) and the Provider Exchange Network (PEN), a digital pipeline that connects F&I product providers with the DMS or other dealer point-of-sale systems. Integration with PEN is a value-added enhancement for dealers using Reynolds' ERA and POWER F&I Menus and Desking solutions, as well as ERA-IGNITE F&I. Reynolds customers will be able to take advantage of this functionality beginning in September 2012.

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Dynamique Auto Dealer Solutions Inc. Adds Provider Exchange Network (PEN) Integration

Dynamique's Open Dealer Management System platform (ODMS) is the cloud-based Dealer Management System (DMS) platform that has added real-time integration with the Provider Exchange Network (PEN), enabling dealers to use powerful F&I product rating, contract preparation, and contract origination tools without ever leaving the DMS. This key integration is among the many seamless, real-time connections that make Dynamique's ODMS so critical to auto dealers looking to reduce the time it takes to complete a sales transaction and increase dealer profitability.

CARMEL, Ind., April 20, 2012 – Dynamique Auto Dealer Solutions Inc. today announced the integration of Dynamique's Open Dealer Management System platform, a cloud-based Dealer Management System (DMS) with a key auto industry partner, Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC.

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Provider Exchange Network (PEN) to Enable Aftermarket Product E-Contracting for AUL Products

Integration will allow AUL products to be available through PEN-enabled dealer systems.

SOUTHFIELD, MI. (PRWEB) April 17, 2012 – Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC, announced integration with AUL to offer dealers the ability to rate and contract for AUL F&I products directly through the dealer system. AUL is an industry leader of F&I products with commitment to service, reliability and financial strength.

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Open Dealer Exchange, LLC Announces Agreement for Integration with CUDL

Open Dealer Exchange and CUDL will offer a secure and easy-to-use integration from the DMS to the CUDL system.

SOUTHFIELD, MI (PRNewswire) Feb. 2, 2012 -- Open Dealer Exchange, LLC today announced its agreement for integration with CUDL (www.cudl.com), the nation's leading indirect and point-of-purchase auto lending solutions provider to the credit union industry. Through the new alliance, CUDL will be offering direct credit application and contract validation data integration from the dealer's point-of-sale system directly to the CUDL system.

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Open Dealer Exchange, LLC Partners with VW Credit, Inc. to Launch First Two Phases of FinanceSource™ Dealer Program

Credit application and contract validation focus will streamline lending workflow within two leading Dealer Management Systems through Open Dealer Exchange.

SOUTHFIELD, MI (PRNEWSWIRE) January 30, 2012 -- Open Dealer Exchange, LLC, a technology leader that streamlines the auto buying process for lenders, F&I product providers and dealers, today announced a partnership for integration with VW Credit, Inc. (VCI), the captive finance company which provides competitive financial products and services specifically to Volkswagen and Audi dealers and their customers throughout the U.S.

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