RouteOne
RouteOne is credit application management software created to accelerate the automotive finance process for dealers and their finance sources. It is a web-based joint venture created by DaimlerChrysler Services, Ford Motor Credit Company, General Motors Acceptance Corporation, and Toyota Financial Services, open to all indirect lenders. Most automobile dealers are still using a variety of methods for submitting applications to their different finance sources. Although this is an inefficient, time-consuming, and costly way to do business, dealers have felt they had no choice. Until now, no one has developed a completely integrated Internet solution that includes the four largest captive finance sources as well as indirect finance sources. That's the vision of RouteOne. "RouteOne and Oxlo share a belief that eliminating technology barriers allows dealers to focus on creating happy customers and easier, lower cost sales," says Mike Jurecki, President and CEO of RouteOne. "Tying RouteOne to more dealer systems through Oxlo’s DCH will help dealers serve customers more efficiently and effectively."