Retail automotive software specialist iVendi has formed a new partnership with finance house Close Brothers, aimed at making it easier for dealers to provide finance to customers, online and in person.
iVendi will deliver the finance tools through its ‘Connected Retailing’ platform, which includes an easily integrated online finance solution for dealer websites and a full showroom point-of-sale system. It claims to significantly enhance operational processes and buyer experience while meeting the demands of Consumer Duty regulations.
Darren Sinclair, CCO at iVendi, said: “For a few months, we’ve been talking to Close Brothers Motor Finance about ways we can work together. This pilot, which is one element of a broader series of joint initiatives we’re discussing, is strategically designed to help them increase vehicle and finance sales and further assist with Consumer Duty compliance among their dealer partners.
“The intention is that this will lead to further projects in the future, and we are already looking at ways that Close Brothers Motor Finance could make use of ground-breaking new products that we have in development.”
John Cassidy, sales managing director at Close Brothers, added: “The technology being provided by iVendi is very impressive. It should help to drive a host of benefits among our pilot dealer partners and do so in a highly compliant, consumer-centric way.
“We’re looking forward to seeing the results from the pilot and to examine new ways of working with iVendi in the future.”
More info: www.ivendi.com.