MenuVantage Expands Number of Active F&I Providers on Platform With Addition of Cal-Tex Protective Coatings, Inc.
MenuVantage, the market's premier web-based menu selling system today announced that Cal-Tex Protective Coatings, Inc. has joined its nationwide network of active F&I providers. The company joins over 50 other providers currently on the MenuVantage platform including SouthwestRe, CNA National, EasyCare, GE, API, AFAS, and Safeguard. Cal-Tex is a leading manufacturer of sealants and other chemical products used to protect the exterior and interior of automobiles and to deter vehicle theft. MenuVantage will electronically rate their products, electronically remit and enroll their customers, as well as enable the dynamic printing of their contracts on regular paper.
Orlando, FL (PRWEB) February 13, 2007 -- MenuVantage, the market's premier web-based menu selling system today announced that Cal-Tex Protective Coatings, Inc. has joined its nationwide network of active F&I providers. The company joins over 50 other providers currently on the MenuVantage platform including SouthwestRe, CNA National, EasyCare, GE, API, AFAS, and Safeguard. Cal-Tex is a leading manufacturer of sealants and other chemical products used to protect the exterior and interior of automobiles and to deter vehicle theft. MenuVantage will electronically rate their products, electronically remit and enroll their customers, as well as enable the dynamic printing of their contracts on regular paper.
MenuVantage's online rating and contract functionality speeds the entire process, improves accuracy, and eliminates duplicate data entry for both dealers and aftermarket providers.
"We are proud of how well our submission technology is actively working in the market today. Our platform simplifies the whole process and is a huge improvement over the traditional paper-based rate guides and contracting processes. It reduces delays, contract errors and administrative costs; which benefits both dealers and aftermarket providers," said MenuVantage co-CEO Phillip Battista.
John Martin, Executive VP of Corporate Development for Cal-Tex commented: "After 18 years of working with dealerships trying to find a solution to get F&I managers to make a consistent presentation to every consumer, I have found that MenuVantage is a wonderful tool that makes it happen effortlessly. If you don't make it simple and impossible to bypass, it will never get done. Kudos to MenuVantage for creating such a fine technology and set of tools that will enable our F& I managers and dealers nationwide to consistently and properly disclose and present products to every consumer."
MenuVantage has developed a system that not only assists dealers on the front end, but also providers on the back end; offering unique benefits to F&I Providers. The MenuVantage system incorporates a powerful communication feature that offers the capability to broadcast information directly to their dealer's desktops. With this feature providers can run contests, make announcements and post new product promotions in minutes.
Additional provider benefits include a built-in reporting suite that automatically submits cleared contracts on a daily basis. Providers can now track and monitor dealers daily; detect trends early, identify weak points before they become problems and respond accordingly.
"We have known MenuVantage for some time and trust their technology and capabilities. The climate in our market place coupled with our internal IT development made it an excellent time for such a partnership and MenuVantage was our natural choice. We are excited about being on their platform and the future benefits this relationship will bring to both companies," stated Gary Osborn, Executive VP Market Development for Cal-Tex.
MenuVantage provides dealers with superior F&I tools to ensure compliance and increased per unit profit. The system offers F&I Departments the most advanced technology available on the market including electronic submission of warranty and F&I products to providers, real time service contract rating for over 50 providers, and dynamic printing of documents on regular paper.
MenuVantage has seen a strong increase in market presence and currently processes more than 100,000 deals per month for over 4000 users at automotive dealerships in all 50 states nationwide; the average deal with MenuVantage produces $903 per unit compared to $633 per unit without the system - a 30% increase in revenue.
About MenuVantage (www.menuvantage.com)
MenuVantage, based in Orlando, FLA, provides automotive dealers with best in class F&I tools to ensure compliance and increased per unit profit. The MenuVantage system offers F&I Departments the most advanced technology available on the market today to increase F&I sales.
It is also capable of the electronic submission of warranty and F&I products to providers, real time service contract rating, and the dynamic printing of documents on regular paper.
Founded in 2003, MenuVantage has enjoyed tremendous growth and currently services more than 4,000 users at automotive dealerships in all 50 states nationwide, processing more than 100,000 deals per month. MenuVantage has developed a system that not only assists dealers in the F&I office, but also Providers with contract administration making the system a truly end to end business solution. Over 50 providers currently enjoy the benefits of the MenuVantage platform including CNA National Warranty Corporation, SouthwestRe, GE, API, AFAS, EasyCare and Safeguard. MenuVantage can be reached on the web at http://www.menuvantage.com
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