Wolters Kluwer Financial Services announced today that Frazer, a leading provider of Dealer Management Software, has integrated their Bankers Systems® brand retail installment contracts. The integration provides Frazer with the ability to electronically select and print plain-paper compliant contracts, disclosures and ancillary forms through the Frazer DMS system. Frazer software is used at over 11,000 dealerships throughout the U.S., and has integrated Bankers Systems® contracts for all 50 states.
“Keeping up with changing federal and state-specific requirements and regulations is a serious challenge for our clients,’ said Michael Frazer, owner of Frazer Computing, Inc. “This relationship enhances our ability to provide seamless compliance for our dealers, and ultimately allows our dealers to save time and simplify the credit application and contract creation process.”
“Integration with Frazer’s dealer management software means dealers can gain peace of mind knowing that the regulatory compliance and business challenges surrounding auto finance transactions are being addressed before each loan application crosses their desk,” said Brad Fleener, senior director and general manager of Indirect Lending at Wolters Kluwer Financial Services. “We are excited to work with Frazer and further deepen our commitment to the dealers they serve.”
Wolters Kluwer Financial Services’ Indirect Lending business monitors pending and enacted legislation that impacts the auto, marine and RV finance and dealer markets. The company’s compliance documentation, software and services help both lenders and dealers mitigate risk and ensure new laws and regulations are embedded within their business operations. Prominent brands include AppOne®, Bankers Systems® and CompliSource.
For more information, visit www.WoltersKluwerFS.com/Indirect.
About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services provides more than 15,000 customers worldwide with risk management, compliance, finance and audit solutions that help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions. With more than 30 offices in 20 countries, our prominent brands include: FRSGlobal, FinArch, ARC Logics®, TeamMate®, Bankers Systems, VMP® Mortgage Solutions, AppOne®, GainsKeeper®, Capital Changes, NILS®, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services is part of Wolters Kluwer, a leading global information services and solutions provider with annual revenues of (2012) €3.6 billion ($4.6 billion) and approximately 19,000 employees worldwide.