Leeds, UK April 2017: The UK’s leading F&I platform, DealTrak, has joined forces with software specialists Codeweavers to provide a comprehensive range of market leading F&I solutions.
The partnership between these two leaders in their respective fields will further simplify and enhance users’ experience of the DealTrak platform by utilising Codeweavers state-of-the-art technology to provide dealers and consumers with an unrivalled, seamless F&I journey.
The synergy between the two companies allows motor dealers to take total control of their F&I and sales processes. The DealTrak and Codeweavers joint ecosystem means consumers can engage with a dealer through their chosen sales origination channel – whether it be website or showroom.
The reliance upon multiple dealer systems can be hugely reduced – in most cases resulting in the DealTrak platform becoming the single point of entry for all F&I activity. The ‘single point of entry’ focus is important as it can form a crucial part of a dealer’s systems and controls for FCA regulatory purposes. The design and functionality of Codeweavers’ range of calculators are designed and built with the FCA regulations in mind.
Consumers will have the ability to select and personalise their finance quote, pre- check whether the finance offers are likely to be available to them, and apply for finance directly on the website. This information will then be managed and submitted to the right lender through the DealTrak platform.
The partnership was a natural progression for both companies. For DealTrak, it closely aligns with its vision to provide a powerful and compliant F&I platform that generates value for all users. For Codeweavers it compliments their collaborative approach, which focuses on continuous improvement.
“We’ve been working on this co-offering for a while, and through incremental improvements, it has yielded great results. We feel that now it’s time to make the strategic partnership official,” said Martin Hill, MD of DealTrak. “We look forward to working even more closely with Roland and the Codeweavers team in the future, and developing an even more powerful dealer proposition”.
Roland Schaack MD at Codeweavers notes: "The DealTrak platform is well regarded and well established, and we are delighted to be partnering with such a fantastic bunch of people to provide the best finance experience for our respective customers".