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Fast, Secure and Accurate Credit Processing
In today’s dealership, there are many avenues to process credit throughout the deal cycle.
Because of user preferences, many dealerships use a combination, if not all of these sources to process credit bureaus, applications, inquiries and more. It often requires entering the same data in several systems throughout the sales cycle adding to the already lengthy process.
ADP now offers a solution that makes it quick and easy to meet the credit needs of both you and your customers — without the hassles of duplicate key entry — ADP w.e.b.Credit.
w.e.b.Credit comes with w.e.b.Suite 2005 or higher – free of charge! Contact Us today to activate!
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What is w.e.b.Credit?
w.e.b.Credit is a secure, easy-to-use, credit management tool that saves you time and improves deal accuracy by transferring customer credit information electronically. w.e.b.Credit centralizes your credit functions (K and CA for current ADP DMS customers) simplifying access and storage from one easy-to-use platform. You can quickly populate a complete credit bureau inquiry or credit application and the data will transfer to ADP DMS Route One, DealerTrack and Captive Finance Portal for processing.
Features of w.e.b.Credit:
Compilance Tools
You can run OFAC (Office of Foreign Assets Control) inquiries in conjunction with your bureau codes or stand-alone for cash deals where no credit bureau inquiry was made.
If for any reason you receive a credit denial back from your lenders, you must notify the customer in writing of the exact reasons for the denial. Our Adverse Action Letter template allows you to remain in control of customer communications and send your own notification.
Accessible from within w.e.b.Credit, ADP Credit Check offers the most comprehensive credit report solution for the automotive retail industry, providing dealers with quick, efficient access to Consumer Credit Reports via the Internet.
ADP has collaborated with captive finance providers like Volkswagen Credit, Audi Financial Services, and BMW Financial Services to provide you with a faster, easier, more accurate credit application process by integrating our systems. We also offer integration to both RouteOne and DealerTrack.
Are you ready? Beginning November 1, 2008, all Dealers must comply with the new Federal Red Flag regulations. With ADP’s Red Flag solution, it’s never been easier to fight fraud and protect your dealership, all without ever leaving your customer, your deal, or your DMS.
Save Time and Reduce Errors with ADP w.e.b.Credit
w.e.b.Credit streamlines your credit processing from within the ADP DMS and acts as a central repository for your consumer credit information. Plus, w.e.b.Credit offers various compliance tools to protect your customers and your business from liability and loss.
w.e.b.Credit lets you:
*Captive finance provider integration is available pending approval on a provider-by-provider basis.
System Integration
w.e.b.Credit offers several integrated entry points within your sales cycle — including the desking process, in F&I, or even directly to customers on the web. W.e.b.Credit eliminates the need to leave your customer, your deal and your ADP DMS.
Sell more cars in less time. Only ADP offers comprehensive front-end integration to streamline your sales process.
ADP w.e.b.Credit is just one of several ADP applications that help to streamline your sales process and each product is specifically designed to improve each step of your process.
Meet & Greet and Negotiation:
ADP w.e.b.Desking finds the right deal and the right vehicle for your customers and your dealership.
Presentation:
ADP w.e.b.Menusm lets you sell more products to more customers
Contracting:
Satisfy your customers with fast, accurate contracts using ADP’s Digital Contracting and w.e.b.F&I*.
*ADP w.e.b.F&I is curently available in California only.
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