Chrysler Financial Enhances Dealership Point-of-Sale Technology
08 Août 2006 - 1:00PM
PR Newswire (US)
National Rollout of eContract Will Speed the Vehicle Delivery
Process TRAVERSE CITY, Mich., Aug. 8 /PRNewswire-FirstCall/ --
Chrysler Financial today announced its automated contract
origination process, "eContract," has reached three implementation
milestones. * First U.S. automotive lender to offer both retail and
lease electronic origination * Chrysler Financial has booked more
than 1,000 eContracts * More than 100 Chrysler Group dealers are
using eContracts in 11 states "With the pace of today's business
environment and consumer lifestyles, our dealers have asked us for
a flexible and customized point-of-sale system," said William F.
Jones Jr., Vice President -- Chrysler Financial. "We expect to have
1,000 dealers using eContracting by the end of this year and
another 1,000 by the end of 2007." Several years ago Chrysler
Financial began deployment of AutOrigination(R), its contract
verification system. This technology now supports nearly 80 percent
of Chrysler, Jeep(R) and Dodge dealers and is the pulse of the
eContract system. "The early acceptance of this technology uniquely
positions Chrysler Financial as an industry leader in automating
the customer contract process, and allows us to take the next step
in automating the loan process," said Kelly Mankin, Vice President
-- Chrysler Brands Marketing. "Because contract errors are a major
source of customer dissatisfaction, we launched AutOrigination to
validate all contract data and detail before the electronic
contract process begins. Our goal is to completely eliminate
contract errors, which will drastically improve customer
satisfaction." Mankin added that while the launch of Chrysler
Financial's eContract system is a significant technology milestone,
it is one of many initiatives scheduled to arrive in dealerships
over the next few years in a first-in-class and industry leading
point-of-sale dealership technology strategy. Additionally, this
technology will be applied to all areas of the DaimlerChrysler
Financial Services enterprise including Mercedes-Benz Financial in
the U.S. and Canada, Chrysler Financial Canada, DaimlerChrysler
Truck Financial in the U.S. and Canada and the extended Americas
region in the near future. About Chrysler Financial Chrysler
Financial offers a complete line of world-class automotive
financial products and services for both dealers and consumers of
Chrysler, Jeep(R) and Dodge vehicles. In addition to offering
vehicle wholesale and retail financing, Chrysler Financial provides
fleet management and lines of credit to Chrysler Group dealers. As
an industry leader in automotive financing, Chrysler Financial
provides its customers with the most innovative and efficient
methods of doing business. For more information on Chrysler
Financial visit http://www.chryslerfinancial.com/ . DATASOURCE:
DaimlerChrysler Financial Services CONTACT: Amber Gowen,
+1-248-427-3126, Cell: +1-248-930-6174, , or Jack Ferry,
+1-248-427-3124, Cell: +1-248-761-3233, , both of DaimlerChrysler
Financial Services Web site: http://www.chryslerfinancial.com/
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