eContracting Benefits for Dealers and Consumers
Posted on Friday, June 12, 2020
To paraphrase a quote from the character Ferris Bueller from the iconic 80’s movie – Life moves pretty fast, and so does technology. The strides made in the vehicle finance industry in the last few years, especially in these past few months, are incredible. Dealerships have to stop and adapt, so they don’t miss out…on success. Plus, many dealers know that consumers have a growing interest in conducting business online and from remote locations.
Remote eSigning is Here
Have you tried our eContracting enhancement, Remote eSigning? Our industry-first functionality enables your customers to securely review and electronically sign an eContract, along with other deal documents generated in RouteOne, MaximTrak, or uploaded by the dealer, from wherever they are. Many consumers like the option of viewing and signing their deal documents before they enter your dealership for delivery to enable low-contact sales processes. Remote eSigning fees are temporarily waived until September 1, 2020, and this functionality provides a safe and convenient experience consumers now demand.
It’s in the Numbers
RouteOne Remote eSigning has seen a 155% increase in dealer enrollment, and 95% of RouteOne
eContracts are eligible to be Remote eSigned.
All of RouteOne’s eSigning technologies offer a secure signing process, which meets the requirements of our participating finance sources’ securitization needs, making it a long-term solution for your dealership.
Enhanced Signature Capture With eSign Anything™
RouteOne’s eSign Anything™ allows dealers to electronically send ALL eSignable deal documents through RouteOne’s secure signing portal to a customer and capture signatures in one signing ceremony, either remotely or in-store.
RouteOne’s eSign Anything™ allows dealers to upload additional deal documents and easily apply signature fields to them. Those documents are then integrated with RouteOne-generated deal documents, for a complete eContracting package and a better, more secure customer experience. This new feature is complimentary for dealers.
Integration for a Streamlined Workflow
With RouteOne’s Aftermarket Rating & Contracting, you can continue to update your dealership’s digital and remote purchase process. When you subscribe to our complimentary service, you’re connected to a wide variety of product providers that will help you to select the right plan.
Looking for a consumer-facing remote menu? With MaximTrak GO™, you can send a link by text or email, and your customers can view and select protection products from their mobile device.
RouteOne’s Aftermarket Rating & Contracting and MaximTrak GO are both integrated to RouteOne’s eContracting workflow. This means you can add product forms to your eContracts for a final eSigning ceremony that can take place either remotely at a customer’s location, or in-store on a tablet.
RouteOne eContracting is the centerpiece in our suite of remote and digital functionalities that help you process deal paperwork safely and conveniently. RouteOne eContracting validates the deal structure before capturing customer signatures, reducing held contracts, and ensures there are no missed signatures. RouteOne eContracting allows funding packages to be delivered electronically to finance sources, eliminating the risk of potential delays in overnight shipments. And, as a reminder, RouteOne never charges for access to its base eContracting solution.
Get Started Today
There really is no time like the present to dive in and see how RouteOne eContracting and our remote and digital features can improve your dealership’s bottom line. Our Remote eSigning and eContracting functions combine to create a purchase process many of your customers now prefer.
With 100+ finance sources to choose from, plus the ability to add aftermarket products and Remote eSigning, consider eContracting. It takes just a few minutes to chat with a RouteOne Business Development Manager who can help you start eContracting quickly. We also offer free weekly live webinars complete with a live demo and Q&A so you can get your questions answered quickly and get back to selling.
Questions? We’re here to help you succeed. Reach out to the RouteOne Service Desk or your RouteOne Business Development Manager.