Wolters Kluwer Financial Services announced today it has teamed with ADAM Systems, a provider of dealer management systems to automotive dealers, to deliver its compliant and warranted Bankers Systems® indirect loan documents to the company’s automotive dealership customers. The retail contracts, disclosures and supporting forms are available immediately to ADAM Systems’ customers through their dealer management systems.
“Our collaboration with Wolters Kluwer Financial Services provides a tremendous value to our customers,” said Bruce Weaver, President of ADAM Systems. “Dealers are now able to complete and deliver lender approved loan packages directly from their dealer management systems and can print single documents as needed in laser format. This is important to our dealers looking to expand their lender networks. They now can easily work with lenders who prefer receiving Wolters Kluwer Financial Services loan packages.”
The Bankers Systems retail contracts, disclosures and supporting forms offer lenders confidence they are receiving loan packages from dealers that are accurate and meet the federal and 51 U.S. jurisdictions regulatory requirements. The documents are maintained and warranted by Wolters Kluwer Financial Services. The integration also gives dealers’ access to Wolters Kluwer Financial Services’ Lender Acceptance Program, a nationwide directory of lenders using the Bankers Systems retail installment contracts.
“As the regulatory environment continues to expand and become more complex, it’s becoming harder for automotive dealers to stay ahead of changing federal and state regulations,” said Brad Fleener senior director and general manager of Wolters Kluwer Financial Services. “By teaming with ADAM Systems we are able to help more dealers stay ahead of these regulatory changes.”
More information on the Banker Systems indirect loan documents is available here.
ADAM Systems has a 25+ year history of delivering management solutions to dealerships throughout the United States and Caribbean basin. From our U.S. based developers to our industry leading customer service, dealerships representing the leading manufacturers rely on ADAM DMS to deliver mission critical applications that are dynamic, easy to learn, easy to use and cost effective. For more information call (800) 676-2262, email firstname.lastname@example.org or visit www.adamdms.com
Wolters Kluwer Financial Services provides customers worldwide with risk management, compliance, finance and audit solutions that help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions. With more than 30 offices in 20 countries, our prominent brands include: AppOne®, AuthenticWeb™, Bankers Systems®, Capital Changes, CASH Suite™, GainsKeeper®, NILS®, OneSumX®, TeamMate®, Uniform Forms™, VMP® Mortgage Solutions and Wiz®. Wolters Kluwer Financial Services is part of Wolters Kluwer, which had 2014 annual revenues of €3.7 billion ($4.9 billion), employs 19,000 employees worldwide, and maintains operations in over 170 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.