Integrated version of PowerBridge™ enables dealers to process loan applications with greater accuracy, eliminates duplicate data entry and accelerates productivity.
Dallas, TX (PRWEB) August 23, 2006 -– The StoneEagle Group (StoneEagle) today announced that Aimbridge Indirect Lending® (Aimbridge), a national distribution channel that connects financial institutions with automotive dealer networks to facilitate automobile loans, has selected SEcureIntegration for real-time transmissions of loan application data from leading Dealer Management Systems (DMS).
The process has been tested and completed, and the integrated version of PowerBridge™ is now available to all Aimbridge Reynolds & Reynolds and ADP dealer partners. PowerBridge™ is a technology solution that electronically connects the Aimbridge lending system to dealerships’ as well as lenders’ core processing systems thereby creating a real-time channel for transmission of data. PowerBridge™ is accessed using the Aimbridge workflow management system, and the AimbridgeConnect suite of lending tools.
SEcureIntegration eliminates the need to manually input loan application information from the DMS into PowerBridge™. It enhances dealer efficiency and convenience. The user clicks on a DMS import button and enters the appropriate deal number. The import function will auto-populate the loan application data from the DMS to PowerBridge™ in real-time.
“We are very excited about the opportunities our partnership with StoneEagle affords our dealership partners,” said David Lindsey, Vice President of Technology at Aimbridge. “With this type of connectivity in place, the sky’s the limit in terms of what we can accomplish in the name of productivity and efficiency. Everything from quicker, more accurate loan booking and processing, to direct support of e-contracting and e-signatures become realities with this technology in place. With StoneEagle and PowerBridge™, we can market dealership vehicle inventories directly to our extensive customer base and drive volume into the dealership.”
“StoneEagle SEcureIntegration DMS solutions accelerate productivity, reduce errors and internal costs for a number of software applications provided by automotive service providers,” said Cindy Allen, vice president of StoneEagle. “StoneEagle is excited that our expertise and technology will allow Aimbridge to provide a seamless and secure integration solution to its dealership partners.”
About The StoneEagle Group
The StoneEagle Group provides software solutions and enterprise administration systems that power Insurance Carriers, Service Contract Administrators, Third Party Administrators and Aftermarket Providers. StoneEagle leverages technology to create safe and secure connection points between Administrators and their Automobile Dealer, Bank and Credit Union clients, resulting in a multi-function solution suite of applications. Headquartered in Richardson, Texas, StoneEagle personnel have been involved in providing software applications to the insurance and related industries since 1967. For additional information please contact Jason Gillette: phone: 1-800-854-1567 or visit StoneEagle’s web site at www.stoneeagle.com.
About Aimbridge
Founded in 1994, Aimbridge markets auto loans and insurance products through partnerships with financial institutions and auto dealerships. The company helps its partners attract customers or members and deepen their relationships by providing reasons to do business locally. Aimbridge Lending is comprised of Aimbridge Indirect Lending® and Aimbridge Financial Services. The company is headquartered in Englewood, Colorado, and has remote offices throughout the United States. For additional information, visit www.aimbridge.com.
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