CBC Innovis Partners with DealerCentric Solutions
 

Rancho Santa Margarita, CA., January 3 , 2006, -

DealerCentric Solutions Inc. (DCS), a technology development company has reached agreement today with CBC Innovis, enabling Auto Dealers to initiate, process and decision automobile loan transactions with CBC's financial institution clients.

Through a single point interface between DealerCentric Solutions and CBC ACAPS, financial institutions realize operational cost savings by eliminating data entry and only incurring costs associated with credit applications they would be likely to fund, rather than applications processed.

 The DCS decision engine retrieves the borrowers credit file(s), combines it with the application information and matches the information against lender's loan programs, credit policies and/or custom scoring models to determine borrower qualifications. Within seconds of an Auto Dealer submitting a credit application through DCS, the finance management system populates the Dealer's system with the lender's credit decision.

 "Our relationship with DealerCentric enables our financial institution clients to cost effectively receive and process credit applications from their Auto Dealer relationships" said Mike Hinton, National Sales Executive of CBC ACAPS. "DealerCentric's business model supports the transaction rather than a particular interest, providing an added service to our clients and the auto industry as a whole." 

 "There is constant market demand for infrastructure technology platforms that create efficiencies in the marketplace, reduces costs, increases revenue while building goodwill with consumers, clients and partners" said Pete Mac Innis, chief executive officer of DealerCentric. "Our agreement with CBC validates our business philosophy to become the leading credit application conduit between Auto Dealers and Auto Lenders.  

About DealerCentric Solutions

DealerCentric Solutions was founded on principles reflected in its name, designed specifically for Auto Dealers as the first Gateway between sales and finance departments, able to pitch and catch data with Lead Generators, Customer Relations Management Systems (CRM), Application Processing Systems (APS), Dealer Management Systems (DMS) and Auto Lenders seamlessly.  

DealerCentric's middleware solutions integrate with and support the above state service providers or can replace levels of their service directly. Integration of prospect/lead, inventory and lender management technology tools into a single unified platform, enables Auto Dealers to control the entire application process from prospecting to contracting, all at the point of sale.

DealerCentric technology architecture is built on a Microsoft .NET platform, featuring contact lead management tools, online dynamic applications, credit repository interfaces, parsing and merging logic of credit reports, credit filtering, fully automated decision processing, user workflow, contact management tools, reports and follow-up tracking functionality. DCS creates win-win situations for all participants, delivering a better experience to consumers and a more efficient process for the automotive industry. Extensive information is available at www.dealercentric.com. 

About CBC Innovis

CBC Innovis, headquartered in Columbus, Ohio, is an information services company.  Founded in 1948, the company provides risk management and marketing services to customers in the business, government and not-for-profit sectors.  CBC serves more than 50,000 customers nationwide through more than 75 business office locations and 1,500 employees.

CBC Innovis' Automated Credit Application Processing SystemŪ provides the solution to credit processing needs. CBC ACAPSŪ 12i is a browser based system with the ability to handle small to high volume credit operations with speed, reliability and accuracy. It processes a variety of loan products from Indirect and Direct installment loans, to Home Equity, Leasing and Bank Cards, capable of working in either a Centralized or Decentralized environment. Visit www.cbc-companies.com for more information.

 

 CONTACTS:

Pete Mac Innis
DealerCentric Solutions Inc.
Phone: (949) 713.9440 ext. 24
E-Mail: pete.macinnis@dealercentric.com

Mike Hinton
CBC Innovis
(614) 222-5466
E-Mail: mhinton@cbc-companies.com