HBS Systems, a web-based equipment dealership management solutions provider, is integrating Trnsact’s digital finance and insurance platform to streamline financing processes for equipment dealers.
The integration of Trnsact’s digital finance and insurance platform with HBS Systems’ NetView ECO provides dealers with a more efficient and secure financing process, according to HBS. The move is expected to drive sales, increase compliance, and elevate customer and staff experiences.
HBS’ system provides dealers with tools such as accounts receivable, inventory management, service invoicing, e-commerce and order management.
The collaboration allows dealers to manage all credit and financing workflows with lenders or aftermarket providers through a single system, according to the company. This eliminates the need for multiple PDF credit applications and allows consumers to apply on a mobile device by scanning a QR code or following a text message link.
The digital-first method significantly cuts down the time sales reps and other dealer staff spend on administrative tasks like data entry, waiting for lender responses and updating customers, according to HBS.
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