New Releases

10 MAR 17

Successful NADA Show Highlights Breakthrough Techology from Advent Resources

SAN PEDRO, Calif., March 17 /PRNewswire/ — Fresh from the National Auto Dealer Association (NADA) show in Orlando, Advent Resources recently debuted their administration-free Document Scanning Solution, which promises to revolutionize document filing and encryption processes, and to provide a significant overall cost reduction for document storage tasks. For more information on this revolutionary approach to source, point of vehicle sale document imaging please refer to http://www.adventresources.com/.

The NADA show, held Feb. 13-15, 2010 showcased the best and brightest in automobile design advancement. Advent continued to prove itself an industry leading innovationalist and artisan of automotive industry technology, with its integrative and transformative approach to streamlining dealer solutions.

From financial calculations to marketing statistics, Advent data management exists with the sole purpose of assisting dealerships with their most important, yet often overwhelming and time-consuming technological details.
Advent’s High Performance Sales System is a user-friendly, high quality Intel server-based system for automobile dealerships. It is integrated to Multiple DMS legacy system providers’ accounting applications and databases, and boasts the ability to allow dealerships access to unmatched marketing demographic material and further tap into the potential for developing long-term, return customers.

Advent Resources, Inc. is located in San Pedro, Calif., and employs more than 75 highly trained specialists dedicated to producing quality products and outstanding customer service. Clients, which include some of the largest dealerships in the country, are located throughout the United States and Canada, extending from Honolulu to New York City.

The corporation was formed in 1988 to specifically develop dealership point-of-sale software systems. These systems focus on inventory management, lead tracking, CRM, lease and finance calculation and contract preparation and submission, as well as submission of specific information to manufacturers and finance sources and other stake holders in the vehicle transactions. Today, Advent supports more than 400 large to very large dealerships and enjoys a market share of greater than 15 percent in California, its home market.

08 Sept 2009

Mercedez-Benz Financial Becomes the First Luxury Captive to Launch an Integrated Contract Data Validation System — Advent Resources, Inc. contemplates integration of eValidate at its MB dealerships; Automatic Data Processing (ADP) next on the rollout schedule.

FARMINGTON HILLS, Mich., Sept 08, 2009 /PRNewswire-FirstCall via COMTEX/ — Mercedes-Benz Financial is the first luxury captive to unveil a full contract data validation system integrated with a dealer service provider (DSP), aimed at increasing dealer profitability and customer satisfaction.

Mercedes-Benz Financial has launched eValidate, a full contract data validation system that integrates with the dealer management system (DMS). The new system is available at dealerships in some of its largest U.S. markets — California, New York, New Jersey, and Florida.

Mercedes-Benz Financial is rolling out eValidate with DSPs who have Mercedes-Benz dealerships as clients across the country. Advent Resources, Inc., of San Pedro, Calif., was the first DSP to incorporate the eValidate functionality into its dealer management system. Advent’s Mercedes-Benz dealerships now have eValidate fully integrated into their dealer management systems.

Some of Advent’s Mercedes-Benz clients include Mercedes-Benz of Laguna Niguel, CA, Fields Motorcars, FL, and the corporate-owned store Mercedes-Benz of Manhattan, NY. These Mercedes-Benz dealers now have the ability to check the accuracy of their Lease Worksheets, Lease Agreements, Retail Contracts, and Retail Law Contracts accepted by Mercedes-Benz Financial.

Dealer service provider Automatic Data Processing (ADP) began piloting its Mercedes-Benz stores with eValidate in August. Working closely with ADP throughout the rollout, Mercedes-Benz Financial’s goal is to make eValidate available to all of the Mercedes-Benz dealerships that subscribe to ADP by next June. Also scheduled to integrate eValidate are DSPs Reynolds & Reynolds and Arkona.

Designed to perform over 100 validations on worksheets, agreements and contracts, eValidate is already making a noticeable difference in dealership and customer satisfaction.

As one of the first stores to pilot eValidate last December, the team at Calstar Motors in Glendale, Calif., is very familiar with the benefits of the system.

“eValidate has caught problems before we could even call them problems,“ states Loren Anderson, Finance Manager at Calstar Motors. “Since we started using eValidate, we have virtually eliminated residual errors along with the contract rewrites and customer call backs that used to result from them.“ “For the first time, Mercedes-Benz Financial now has a direct interface with a Dealer Service Provider, which will enable us to provide more seamless and efficient operational processes for our dealer network,“ states Jeffery Stevens, Contract Acquisition Strategies Manager for Mercedes-Benz Financial.

“eValidate supports our commitment to be the first choice provider of financial services for our dealers,“ Stevens said. “By significantly reducing contract discrepancies and customer re-contracting, dealerships will increase their profitability, operational efficiency, and overall customer satisfaction.“ In seconds, over 100 validations are performed and the integrated approach provides the dealership’s finance decision makers a seamless user experience in their Finance & Insurance process.

“Over 70 percent of our business is lease and with all of the manufacturer special programs being offered, contract discrepancies are inevitable,“ said George Bik, F&L Manager at Mercedes-Benz of Encino, Calif. “eValidate confirms contract accuracy or advises of a contract discrepancy in about five seconds.“ Please follow us on Twitter at: twitter.com/mbfinancialusa About Mercedes-Benz Financial Mercedes-Benz Financial, now in its 27th year of operation, provides financing for Mercedes-Benz dealers’ inventories and their retail customers. Currently, more than 450,000 drivers in the United States enjoy the benefits of leasing or financing their Mercedes-Benz vehicles through Mercedes-Benz Financial.

Mercedes-Benz Financial and its affiliates operate in the United States, Canada, Mexico, Brazil and Argentina. Mercedes-Benz Financial is part of Daimler Financial Services, headquartered in Berlin, Germany, operating in 40 countries.

Daimler Financial Services is one of the leading financial services enterprises worldwide. For more information visit www.mercedesbenzfinancial.com SOURCE Mercedes-Benz Financial URL: http://www.mercedesbenzfinancial.com
www.prnewswire.com Copyright (C) 2009 PR Newswire. All rights reserved

20 Mar 2009

Revolutionizing the Point of Sale Process for VW, Audi and Bentley Dealers

HERNDON, Va., March 20 /PRNewswire/ — VW Credit, Inc. (VCI), recently launched FinanceSource(TM) a partnership between VCI and Dealer Management System (DMS) providers to build applications for faster, more accurate credit application processes for dealers. FinanceSource will create seamless integration between the VCI financing systems and the dealers’ DMS systems. By entering customer information into one user-friendly interface, data entry is simplified, reducing administrative paperwork and the possibility for error.

“We are committed to creating innovative solutions to promote ongoing success of our Volkswagen, Audi and Bentley dealers. FinanceSource demonstrates our commitment by streamlining the customer credit application process,“ said Hans Bremer, VCI general manager of credit and funding. “The result is a win-win: greater efficiency and enhanced usability for the dealers.“

VCI is working with Advent to provide dealers with a seamless integration between the VCI financing systems and the Advent DMS system.

“Clearly, the high adoption rate amongst our VW, Audi and Bentley client base indicates that our dealers appreciate that the deployment of this project with VW Credit brings to them faster business process, greater accuracy and improved cash flow,“ said Steve Probert, operations manager for Advent Resources, Inc. “We have been overwhelmed by the positive feedback by our dealers and we are looking forward to the next phases of this overall strategy.“

Credit application integration is the first installment of a suite of solutions to be built and launched via FinanceSource. Contract data validation and the ability to receive, approve and save funding documentation electronically will follow. Ultimately, improved cash flow and faster funding are anticipated results for dealers as they strive to maximize cost efficiency and customer service.

About VW Credit, Inc.

VW Credit, Inc. (VCI), a wholly owned subsidiary of Volkswagen Group of America, Inc. (VWGoA), was founded in 1981 to function as the financial service arm of VWGoA and is affiliated with Audi of America, Inc. and Bentley Motors, Inc. VCI, a captive finance company, services Volkswagen, Audi and Bentley customers, authorized automotive dealers and their affiliated stores as Volkswagen Credit, Audi Financial Services and Bentley Financial Services. The company provides competitive financial products and services to dealers and their customers in the United States.

About Advent Resources, Inc.

Advent Resources Inc. was established in 1988. The Advent High Performance Sales System includes: CRM, Internet lead handling, Vehicle Management, F&I and Desking software. Located in San Pedro, California, Advent employs highly trained technical and industry specialists dedicated to producing quality products and outstanding customer service. Advent serves over 500 clients including some of the largest dealerships in the US and Canada. More information about Advent is available at www.adventresources.com.

Web site: http://www.adventresources.com/

© 2009 PR Newswire. All Rights Reserved

09 NOV 07

First Advantage CREDCO teams with Advent Resources to deliver Prospect Leads to automotive dealers.

First Advantage CREDCO, a leading provider of vehicle purchase requests and specialty credit reports to the automotive industry, today announced the integration of its prospect lead solutions with Advent Resources, Inc., a provider of high-value software solutions for the retail automotive vertical market. Under the agreement, First Advantage CREDCO will deliver its Lead Prospector Internet, Bankruptcy, Targeted and Subprime lead solutions through Advent’s customer relationship management platform, the Advent High Performance Sales System.

The integration of First Advantage CREDCO’s lead solutions will enable participating U.S. automotive dealers to efficiently target and manage customer prospects in their direct market area.

“Our integration with First Advantage CREDCO offers dealers the solutions they need to identify in-market prospects and to manage the lifecycle of a consumer’s automotive buying process,” said Advent Resources president, Tim Gill. “A consumer’s decision to purchase a vehicle doesn’t usually happen quickly, since most conduct a fair amount of research and comparison shopping first. Now we can provide dealers the tools they need to effectively communicate with consumers – and manage their purchasing expectations – throughout the buying lifecycle.”

Seamless integration gives dealerships a “click and go” process for managing lead prospecting information directly from their Advent’s High Performance Sales System. This solution enables dealers to focus on showing cars and closing deals, not administering prospect leads.

“Our expanded relationship with Advent Resources enables our mutual customers to access quality consumer leads in an efficient manner,” said Eric J. Rumsey, president of First Advantage CREDCO. “Our suite of lead solutions allow dealers to optimally manage their contact strategy so they can maximize their marketing results and sales opportunities as consumers shop for and purchase vehicles.”

Since 1995, the two companies have enjoyed a successful business relationship based on First Advantage CREDCO’s credit information services. First Advantage CREDCO provides Advent dealerships with integrated, flexible credit reporting to help make fast, accurate and reliable business decisions. The integration of lead generation solutions expands this relationship, providing another value-added service to users of the Advent High Performance Sales System.

03 Feb 2007

Advent Resources, Inc. Announces F&I Express – A new software solution to streamline the sale of after-market products.

F and I ExpressF & I Express Advent Resources powerful new F&I Express is an an innovative new tool designed to streamline the ordering process for any after-market product currently being sold by a dealership. With the sale of after-market products is completely manual, several hours is added to the sales transaction, tying up valuable sales and F&I resources that could be working on other deals F&I Express streamlines the process with a few clicks of the mouse, printing the required forms and submitting the relevant deal information electronically to the third party vendors “We’ve built F&I Express to work with the various after-market vendors to ensure they can electronically receive the customer and vehicle information for their products”, stated Tim Gill, CFO of Advent Resources. “We feel the use of F&I Express will easily save an F&I department at least 30 minutes per customer, allowing the department to work more deals each day.” F&I Express will not require dealers to change the mix of products they currently offer. Advent is currently working to sign deals with many strategic partners to ensure excellent coverage across products. Best yet – the product is offered at no charge to the Dealer. “For over 17 years we have been at the leading edge in providing our clients with state-of-the-art dealer management solutions that enhance their productivity and profitability. F&I Express is just another example of making our vision into our clients’ reality”, stated Gill.


Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>