Cox Automotive - DealerTrack Connector
Quickly Process and Decision Vehicle Loans with Dealertrack. Integrated to the Temenos LMS Loan Origination Module.
The Dealertrack connector provides seamless integration between Temenos LMS Origination and dealerships on the Dealertrack credit application network.
Key Features
Seamless Integration
Applications created through Dealertrack, including dealer comments, are automatically transferred to the platform where a defined workflow begins. Upon completion of the workflow, the loan pricing and decision are communicated back to Dealertrack to be reviewed by the dealer.
Automatic Decisions
Take advantage of Temenos LMS Origination’s flexible configuration settings and robust business rules engine to decision and price loans in a timely manner with no manual interaction.
Process, Track and Update
The Dealertrack connector creates a single interface where vehicle loan applications can be processed, tracked and updated. All changes made within the system are sent directly back to Dealertrack so dealerships can monitor the loan application status.
Benefits
Increase Revenue Opportunities
The Dealertrack connector allows financial institutions to take advantage of the indirect lending channel to reach a large audience of dealerships to attract new loans!
Save Time
Eliminate time spent manually approving loans by creating simple, easy to use business rules that automate loan pricing and decisions.
Reduce Redundant Data Entry
Fields in Temenos LMS Origination are automatically populated based on information found on the Dealertrack application, eliminating the need for double data entry!