Auto Finance

Electronic Signature & Compliance Solutions for Vehicle Finance

The automotive industry has taken a leadership position in improving business operations and streamlining the closing process by adopting paper–free electronic signature solutions. eContracting extends existing loan origination systems, dealer management systems and portfolio management systems to complete the automation of the financing process for consumers, dealers, lenders and investors.

eOriginal® technology addresses legal compliance and investor market requirements for eSignatures and “electronic chattel paper” (eContract) management while delivering real benefits such as reduced operating costs, fewer errors and faster processing time.

eOriginal participated in the development of the eContracting and Transfer Of Location of Electronic Contracts (TOLEC) standards sponsored by the American Financial Services Association (AFSA). eOriginal ensures that our technology provides our customers and partners with compliance to the standards and legal compliance for UETA, ESign and UCC Revised Article 9–105 for transferable electronic record compliance.

With our vast experience within the automotive finance industry, we are able to provide extensive resources and case studies on how eOriginal has already assisted leading financial institutions to exceed operational goals, along with hosting educational webinars with industry leading experts addressing how electronic signatures will enable you to capture greater market share, close business in a single online session, all while maintaining fully compliant and auditable transactions.

Benefits

• Supports consumer direct and dealership financing
• Close deals within minutes instead of days
• Eliminate costly paper printing, overnight shipping, faxing, mailing, and filing
• Confidentiality, security and authentication for any document or record
• Improved workflow and process efficiencies
• Eliminate missing signatures and incomplete documents
• Quick start implementations to get you eSigning right away
• Sell, assign and transfer deals electronically
• Increased profit margins
• Improved customer experiences
• High volume implementations can be up and running right away
• Support for “Go Green” initiatives
• Legal (UETA and ESIGN) and regulatory compliance

With some of the leading automotive finace providers deploying SmartSign its no wonder why the industry turns to eOriginal's proven electronic signature technology.