ATG, iVendi team on compliant consumer finance tools

Retail software house Automotive Transformation Group (ATG) is working with iVendi to enable dealers to offer an advanced consumer journey both online and in the showroom to drive higher conversion rates.

ATG's NetDirector Auto-e platform will now include iVendi’s Consumer Duty-compliant tools such as full finance quoting, applications and proposals, form validation, lender product content, monthly payment calculations and finance eligibility checks.

The development has been made possible by the recent launch of iVendi’s Connect product, a comprehensive suite of application programming interfaces (APIs) that enables enterprise-level businesses to integrate technology quickly and effectively into established systems.

Richard Tavernor (pictured), COO at iVendi, said: “Connect is all about making our latest technology available to the largest customers in the easiest-to-adopt package. ATG is our first major partnership for the product and integrates our finance tools seamlessly, enabling a first-class user experience for their customers. For dealers, it really feels like using a single system, whether offering our tools in the showroom or online.

“Ultimately, this collaboration brings together two market leaders, providing an enhanced solution for a wide range of dealers.”

Tim Smith, CEO at ATG, added: “This partnership demonstrates ATG’s commitment to collaborating with the leading technology providers in the sector. It represents an important next step in delivering advanced finance capabilities to our NetDirector Auto-e users and a new dimension to our Fusion suite that we believe will significantly enhance conversion rates for dealers.

“Importantly, iVendi’s technology allows this to be done within a highly compliant infrastructure that incorporates the latest thinking in Consumer Duty, which is a key consideration for any motor finance customer journey today.”