Wayne, PA, September 20, 2011 — MaximTrak Technologies, a leading systems developer for the retail automotive, motorcycle and powersports finance and insurance industry (F & I), today announced a strategic partnership and integration with F&I Administration Solutions, LLC, the country’s leading provider of software for the administration of automotive F&I products. This integration enables auto dealers to electronically rate, contract and register contracts for all providers through the SCS Auto administration platform without having to leave the MaximTrak system.
“We are very pleased to have completed this integration as it further expands the reach of MaximTrak. Our strategy is to open up our network to other providers and enable connectivity to all parties. We have a collaborative approach and our new platform not only offers product integration to MaximTrak directly but also through industry partnerships such as F&I Admin,” said MaximTrak Technologies President & CEO Jim Maxim Jr.
“This integration dovetails with our mission to enable every possible channel for providers and dealers to more efficiently conduct electronic transactions,” saidDavid Trinder, CEO of F&I Admin. “With our connectivity to MaximTrak, auto dealers can now conduct an entire transaction, from quote to contracting, without leaving the MaximTrak menu. It makes the entire process extremely efficient and also enables my provider customers to present products on the MaximTrak system with no added effort.”
MaximTrak Technologies recently launched e-TRAK, a new digital platform for Providers and Administrators. e-TRAK supplies F&I product providers with a turnkey solution for e-Rating, e-Contracting, e-Signature and e-Registration through the MaximTrak F&I Menu platform. e-TRAK has completed its eighth month of field operations with tens of thousands of contracts being executed and remitted to administrators and insurance carriers.
MaximTrak™ is a web-based platform designed to enhance the presentation of value-added aftermarket options to consumers and drive increases in F&I product sales and customer satisfaction ratings. MaximTrak integrates with all major DMS providers eliminating the need for manual data entry into multiple systems which saves time and makes the application easier and more enjoyable for F&I Managers to use. The MaximTrak Dashboards™ reporting application automates the management of the department and provides dealers with real-time sales and performance statistics.
F&I Administration Solutions, LLC is the leading provider of software for the automotive aftermarket industry, supporting products such as vehicle service contracts, GAP, prepaid maintenance, appearance protection and more. Built specifically for automotive aftermarket product and service providers, the SCS Auto platform is a fully integrated, web-based solution that automates and streamlines the F&I product administration process. This complete solution gives F&I product providers the necessary tools to run their back offices, while reducing IT expenses, time and manpower. The hosted service is designed to allow provider administration staff to access a full suite of services that support product, contract, channel, claims and risk management functions, 24/7 via an intuitive graphical user interface using only a web browser. In addition to the administration functions, the system connects providers to dealers through the customizable DAP which comes with DMS integration and through electronic connectivity to 15 menu and other dealer systems for rating and contracting.
MaximTrak is a leading provider of F&I Systems Technologies to the retail automotive, motorcycle and powersports industries. The Company designs, develops and deploys advanced technologies to enhance the customer buying experience and enables retailers with tools to manage and improve profitability and compliance within the finance and insurance department. With over 25 years of experience servicing automotive dealers, MaximTrak works together with its clients and partners to establish a better vehicle delivery process by utilizing technology to create a lasting and repeatable customer experience that results in higher profits and increased customer satisfaction.