MINNEAPOLIS – Nov. 21, 2011 – Wolters Kluwer Financial Services announced today that Integrated Dealer Systems, a division of Constellation Software Inc. (TSC:CSU) and leading provider of dealer management software (DMS) for the recreational vehicle (RV) and marine industries, will integrate the Wolters Kluwer Financial Services’ AppOne® platform with its Astra G2 product. The integration will help RV and marine dealerships manage the sales and finance and insurance (F&I) process more efficiently.
AppOne helps to automate the indirect lending, credit approval and compliance processes for vehicle dealerships and lenders. Astra G2’s Sales and F&I module helps dealers seamlessly manage and monitor every step of the sales process from prospect management through the closing.
Through a new AppOne interface in Astra G2, dealers can pull all of the needed financial data already entered into the DMS system to populate credit applications and easily submit them to lenders for approval via AppOne. This eliminates duplicate data entry, helping make the processing of loan applications faster and less error-prone. Once submitted, dealers can also access and print Wolters Kluwer Financial Services’ state-specific Bankers Systems® loan documents, including retail installment contracts and required ancillary forms, from within AppOne. The Bankers Systems line of documents is built upon more than 50 years of experience and is protected by Wolters Kluwer Financial Services’ industry-leading limited compliance warranty.
“This relationship will allow our dealers to save time and simplify both the credit application and contract creation process,” said Grant Farrer, dealer development manager at Integrated Dealer Systems. “At the same time, we can help them connect with lending sources that are using AppOne.”
“By helping more dealerships access AppOne, our lender customers can gain peace of mind knowing that the challenges surrounding document preparation are being addressed before each loan application crosses their desk,” said Jason Marx, vice president and general manager of Indirect Lending and Mortgage at Wolters Kluwer Financial Services. “We are excited to work with Integrated Dealer Systems and further our commitment to the recreational lending market.”
Wolters Kluwer Financial Services’ Indirect Lending business unit offers compliance documentation and customizable tools that address the regulatory requirements of the indirect lending market and help mitigate risk. In addition to AppOne® and Bankers Systems®, other prominent brands include CompliSource and DocOne®.
For more information, visit www.WoltersKluwerFS.com/Indirect.
About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services is a comprehensive regulatory compliance and risk management business that helps financial organizations manage operational, compliance and financial risk and reporting, and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include: FRSGlobal, ARC Logics for Financial Services, PCi, Compliance Resource Network, Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services supports its global customers with more than 30 offices in 20 countries and is a leading worldwide provider of compliance and risk management solutions for the financial services industry, serving more than 15,000 banking, insurance and securities customers across the globe. Wolters Kluwer Financial Services is part of Wolters Kluwer, a leading global information services and publishing company with annual revenues of (2010) €3.6 billion ($4.7 billion) and approximately 19,000 employees worldwide. Please visit our website for more information.
About Integrated Dealer Systems
Integrated Dealer Systems (IDS) is recognized as a leading provider of dealer management software for the recreational vehicle (RV) and marine industries. With over 25 years of proven service and industry experience, IDS is a comprehensive solution designed to save dealers time, boost profits and automate all of their business operations.
IDS is a product of Constellation Dealership Software, which is wholly-owned by Constellation Software Inc. Constellation Software, headquartered in Toronto, Ontario, Canada is a premier international provider of vertical market software with offices and customers in over 20 countries, generating consolidated annual revenues in excess of $600 million. Constellation Dealership Software provides a suite of market-leading dealer management software products designed specifically for the RV, marine, automotive, powersports and outdoor power equipment industries. Over 1,500 dealerships across North America rely on the division’s dealer management software products to make their business more successful. To learn more about Constellation Dealership Software, call 800-737-1620 or visit http://www.constellationdealer.com.