Dealertrack F&I: Paperless

Go Digital

And remove paper from your funding process.

Why Digital Contracting?

Customers and dealers are looking for safe and secure ways to keep buying and selling cars. Lenders are looking for ways to reduce recontracting due to miscalculations and missed signatures. And let’s face it, paper is passé and slows down funding processes. Digital Contracting on Dealertrack streamlines the entire workflow for all: enabling customers and dealers to securely sign contracts outside the dealership; and dealers to submit complete and accurate contract packages, ready for funding.

Remote Signing

We’re operating in a new car-buying world right now, with many dealerships operating remotely. These virtual times call for virtual measures – both by dealers and lenders. Lenders who participate in Remote Signing enable their dealers to conduct a secure, online, contract review and signing process with their customers. Anytime. Anywhere.

Pure Paperless Efficiency

When we say pure paperless, we mean it: Your dealers’ entire funding package data can flow directly into your LOS for real-time approval.

Here are other great efficiencies that start with them – to benefit you:

The funding checklist builds in real-time while the dealer is finalizing the contract
Inline data validation ensures accuracy
Remote Signing provides dealers the much needed flexibility and security for customers to sign final contract documents at home
Missed signatures and deal structure errors are flagged to fix before submission, reducing the #1 cause of recontracting

Live Funding Checklist

Digital up-to-date list of Lender required documents at your fingertips!

Real-Time Error Display

Catch mistakes early with built-in verification alerts as you enter data.

Snap & Upload

Local File Upload enables dealers to upload scanned documents and email files directly into the funding package.*
*Compatible with most 9" or larger devices, including iPads^®, Androids and touchscreen tablets. Not all device types supported.

Additional Resources

Digital Contracting Info Sheet

Receive complete, accurate funding packages from dealers the first time—every time.

Remote Signing Info Sheet

Enhanced signing with multi-factor authentication lets dealers securely send contracts to a buyer’s inbox.

Build a fast-funding reputation - and your dealer relationships

Dealers are eager to trade paper contracting for a more customer-friendly, error-free deal-making process that enables you to fund them faster.

Did you know:

Top 3

Fast funding is a reason dealers choose a lender partner

78%

of franchise dealers are using or waiting for their lenders to offer digital contracting
*Source: 2019 Dealertrack Lender Study

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