Who We Are
We are a technology hub focused on transforming the Automotive Finance & Insurance workflow. Based in Farmington Hills, Michigan, Open Dealer Exchange was founded in 2009 by the two premier Dealer Management System providers, CDK Global and Reynolds&Reynolds. This joint venture has allowed dealerships from coast to coast to integrate seamlessly with our nationwide network of auto lenders to streamline the lease and financing process for car buyers.
What We Do
We are committed to automating the entire car buying experience for Dealers and Lenders. This allows both to focus on what’s important… their customers!
Through industry leading technologies, we have created The Digital Deal®, which allows dealers to eSign and send fully validated contracts and lease agreements directly from a Dealer’s DMS to a Lender’s LOS.
This gives dealerships and their customers a faster buying, borrowing, and service experience, and allows lenders to fund faster.
Life at ODE
Open Dealer Exchange values its people above all else
If we each behave according to our values, we will be building a place to work where all employees grow and prosper, as will our business and its value to our customers.
Our cultural values reflect what we believe to be most important to our company. They are at the heart of who we are, and act as the foundation of what we do. We believe that a truly impactful culture is a process of constant improvement. It is an evolution without a finish line and we are committed to its health.
Walking the Walk
The culture at Open Dealer Exchange is owned by every employee! Our values are well established, and the meaning of those values is very clear to all. While many people might have different views and expectations on how each value should be lived, we go the extra mile to ensure that our people have clarity on what these values mean. We work hard to distinguish passive consent from active acceptance of our values. We help our people truly understand what the values mean and how they apply to everyday workplace activities. As part of our culture’s constant evolution, we work to perfect things through employee surveys, gap analyses, onboarding surveys, and efforts to gather full company input as part of the continuous feedback loop. Our open-door policy encourages constant communication and keeps the ideas flowing.
We use the acronym ACTIV to represent our five values. ACTIV also represents how we expect our employees to participate in the use and promotion of our values-be ACTIV!
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