AppOne to Help Marine Dealers & Servicing Companies Meet Compliance Requirements for Retail Installment Contracts and Speed Application to Funding
Wolters Kluwer Financial Services announced today its AppOne indirect loan origination platform is now accessible on Total Control Software's dealer management system serving marine dealers and service companies. The integration gives Total Control Software's customers direct access to Wolters Kluwer Financial Services compliant and warranted loan documents from their dealer management system. The documents are delivered electronically from AppOne and maintained by Wolters Kluwer Financial Services.
"We've had a great relationship with Wolters Kluwer Financial Services, as a customer of their Bankers Systems branded loan documents," said Bill Rollins, co-owner of Total Control Software. "The integration of AppOne with our dealer management system builds on this relationship and gives our customers more options in processing their loan applications. For our service company customers, this is especially important, as the integrated solution simplifies data entry and increases access to lender partners."
The integration makes it possible for Total Control Software's customers to import data from their dealer management systems directly to AppOne, eliminating the task of having to reenter data into the credit application. AppOne also provides access to a network of lenders looking to finance marine, recreational vehicle and other retail installment contracts. Total Control Software’s dealers and service companies will find the integrated solution helps simplify their origination workflows, and reduces the time it takes to complete a loan package and secure funding.
"Total Control Software has a unique position in the market serving both dealers and service companies, and AppOne provides the functionality that's important to both groups," said Brad Fleener, senior director and general manager of Indirect Lending at Wolters Kluwer Financial Services. "It delivers the compliant loan documents critical to securing application funding, supports customization of loan packages to meet lender preferences, and scales effortlessly to support the loan origination and funding needs of both dealers and lenders."
AppOne is a web-based indirect loan origination platform designed to help dealers and lenders manage the origination process of retail installment contracts from application to funding. It offers auto, marine, power sports and recreational vehicle dealers, service companies and lenders access to a dynamic library of compliant and warranted loan documents. The loan documents are maintained by Wolters Kluwer Financial Services to meet the compliance requirements of all 51 U.S. jurisdictions.