OptionSoft Technologies Integrates with Provider Exchange Network
CLIFTON PARK, N.Y. – OptionSoft Technologies Inc., a provider of Automotive Finance software, announced today that it has completed integration with Provider Exchange Network(PEN). This integration will allow OptionSoft to better serve thousands of dealers via PEN’s streamlined electronic rating, forms and contract booking connection. PEN is an electronic data exchange that streamlines the sales ... Read More »
CLIFTON PARK, N.Y. – OptionSoft Technologies Inc., a provider of Automotive Finance software, announced today that it has completed integration with Provider Exchange Network(PEN). This integration will allow OptionSoft to better serve thousands of dealers via PEN’s streamlined electronic rating, forms and contract booking connection.
PEN is an electronic data exchange that streamlines the sales process by integrating the F&I product provider with the dealer’s point-of-sale system, whether through a menu or directly with the dealership management system (DMS) desking software. This unique integration approach eliminates the need for separate applications to enable full electronic contracting for aftermarket products. Functions include electronic ratings, forms preparation and contract booking.
“Integration to PEN allows OptionSoft to become more responsive to our clients with more efficiency,” said Ken Tomaro, President of OptionSoft Technologies. “Our dealers benefit through access to PEN’s network of VSC and Ancillary product providers. OptionSoft benefits through reduced administration, allowing us to focus on our dealer facing products.
To learn more about OptionSoft Technologies Inc., visit their website atwww.otiservices.com or call 1-866-684-6368.
More Industry

RV Group Expands Carolina Footprint
Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.
Read More →
Agent Acumen
An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.
Read More →
Missed Maintenance Creates Opportunity
As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.
Read More →
Mitsubishi Unveils U.S. Plan
The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.
Read More →
Selling to Grow
The question of whether you should sell your agency and if so, when, is up to you. But it’s a question worth asking to ensure you keep the business on the right path for yourself, employees and clients.
Read More →
Recalled Vehicles Hit 5-Year High
Though the number of events has fallen so far this year, impacted units are up significantly. Meanwhile, regulators consider consumer notification changes.
Read More →
Auto Group Acquires Top-Performing Rooftop
Car Pros sold its Kia Huntington Beach location to Sutherlin Automotive Group, marking the buyer’s third location in Southern California.
Read More →
China as Pacesetter
Automotive leaders huddled on where North America stands in the global picture and how it can strengthen its position against the Asian juggernaut’s surging industry.
Read More →
BMW Concept Car Makes Fuel to Burn
The prototype developed in concert with a South Carolina university engineering team generates more solar energy than it uses in a typical daily commute.
Read More →
South Carolina Auto Group Downsizes
Florida-based group Holler-Classic has acquired four rooftops, its first in South Carolina, from Dick Smith Automotive Group.
Read More →