Informativ, which brings together credit, compliance and lead-generation technology companies Credit Bureau Connection, Dealer Safeguard Solutions, and products, has partnered with AutoFi, a provider of digital-commerce technology for sales and finance across the automotive industry to improve the dealership sales process through a more streamlined compliance-check process.
Informativ’s Dealer Safeguard Solutions provides a proactive, consistent and enforceable compliance process that complements and enhances a dealership’s sales process while ensuring it meets all the obligations of the Federal Trade Commission’s Safeguards rule for administrative and physical compliance.
Through the partnership with AutoFi, the two solutions will save dealers time and potential errors by pushing all the necessary information from the AutoFi credit application into the Dealer Safeguard Solutions platform, enabling a compliance check to be run in one step.
“Our Dealer Safeguard compliance platform is the leader in the auto industry and critical to dealers today,” said Informativ CEO David Carner. “We’re proud to partner and integrate with AutoFi as their digital commerce technology is just as vital to dealers who are tasked with speeding up the car buying process, improving the customer experience, and ensuring it’s all done in a compliant manner.”
Prior to the integration, dealers had to type information from the credit application, driver’s license and insurance into the Dealer Safeguard platform, as compliance checks are a mandatory part of the credit process. The integration saves time and prevents errors from rekeying data, benefiting consumers and dealers online and in the store.
“Dealers today have a target on their backs when it comes to compliance,” said Dealer Safeguard Solutions founder Doug Fusco. “Our compliance technology protects dealers and the information they get from their customers through a digital process that is virtually paperless and has safeguards built in to protect against human error. Our partnership with AutoFi only furthers our ability to streamline and improve the sales process for dealers and consumers, all while ensuring it’s compliant.”
Informativ and AutoFi are presenting a free webinar to share more details of the benefits of proactive compliance and digital commerce on Aug. 9 at 10 a.m. PT/1 p.m. ET. Dealers and the media are invited to register for the 30-minute presentation here.
Originally posted on Auto Dealer Today