Wise F&I now using SCS Auto to administer all F&I products
Chicago, Ill. – February 18, 2014 – F&I Administration Solutions LLC (F&I Admin), North America’s leading provider of software solutions for the administration of automotive F&I products, is pleased to announce that Wise F&I LLC is now using F&I Admin’s SCS Auto platform for the administration of all of its F&I products.
“We looked at all the possibilities for an administration platform,” said Rob Berger, Executive Vice President, Wise F&I. “We were impressed with the broad capability of SCS Auto, not only as an administration solution but also in terms of their extensive partnerships, many of which will improve our operational efficiency with both sales and back end administration.”
“We are very pleased to have Wise F&I on SCS Auto,” said David Trinder, CEO, F&I Admin. “Wise F&I is a market leader in the F&I space and they have a long and impeccable reputation in the industry. They certainly did their homework before signing with us, so we see their endorsement as confirmation of our own leadership position in the industry.”
“F&I Admin’s capabilities are consistent with our vision and goal to be the F&I partner of choice,” said Matt Croak, President, Wise F&I. “Now that we have our full product suite deployed on SCS, we look forward to continued growth utilizing industry leading technology.” Wise F&I’s ever expanding product lineup includes GAPWise®, WiseCARE®, THEFTWise®, WiseTVPSM and IDTheftWise®. With eContracting and eRemittance capabilities, as well as menu system integration, Wise F&I is electronically connected providing a greater ease of doing business.
SCS Auto is an F&I sales and administration solution that supports over 14 F&I products, including GAP, vehicle service contracts, appearance protection, limited warranties, theft and more. In addition to delivering a complete, streamlined sales administration solution, SCS Auto is connected to many third-party partners, including menu systems, inspection companies, payment plan providers, a credit card payment solution provider, the leading appearance protection claims management solution and many more.
About Wise F&I
Wise F&I has a long history of success in the automotive finance and insurance business, specializing in Guaranteed Asset Protection (GAP) and continuing with a full array of F&I products including: Appearance Care Service Contracts, Theft Deterrent Systems, Vehicle Service Contracts, Identity Theft Protection and other ancillary programs. Wise F&I branded products are marketed primarily through independent finance and insurance agents to automotive dealers. Additionally, Wise F&I supports and continually develops private label and strategic partnerships with OEMs and lenders on both a regional and national basis. All products are fully compliant and underwritten by an “A-” rated, or better, insurance company.
About F&I Administration Solutions LLC
F&I Admin is the leading provider of software for the automotive F&I industry. Built specifically for automotive F&I product and service providers, the SCS Auto platform is a fully integrated, web-based solution that automates and streamlines the F&I product administration process. This complete solution gives F&I product providers the necessary tools to run their back offices while reducing IT expenses, processing times and manpower. The platform supports 14 F&I products including VSC, GAP, theft, appearance protection, tire & wheel, key replacement and many more.
The hosted service is designed to allow provider administration staff to access a full suite of services that support product, contract, channel, claims and risk management functions, 24/7 using only a web browser. In addition to the administration functions, the system is connected to over 25 menu systems for electronic rating and electronic contracting, 9 inspection companies for efficient claims processing, 3 payment plan providers, a credit card payment solution provider and many more. The system provides access to real-time data and a powerful reporting module enables administrators to track payments, perform precise analyses and identify program inefficiencies. Additional information can be found at www.fiadmin.com.