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INCREASE SALES AND PROFITABILITY BY TAPPING INTO THE


                                        DIGITAL PIPELINE
                                        The Provider Exchange Network (PEN) is an electronic data exchange that streamlines
                                        the sales process by integrating the F&I product provider with the dealers’ point-of-sale
                                        (POS) system. PEN connects the provider to multiple dealer systems, whether it is a
                                        Menu, desking application or the dealer management system (DMS). Through PEN, the
                                        provider gains greater exposure to more vehicle purchases, which ultimately allows
                                        more products to be sold. PEN’s digital pipeline reduces costs through rapid, accurate
                                        and secure transactions in a paperless process that is easy for both providers and
                                        dealers.




CURRENT OUTDATED MODEL
        Providers are as efficient as
                 their weakest link.
      Incompatible systems and an
          inconsistent exchange of
  digital versus paper information
   limits provider opportunities. A
      simple solution is needed for
           providers to reach more
           customers and sell more
  products quickly and accurately.




                                        PARTNER WITH PROVIDER EXCHANGE NETWORK
                                        PEN is part of Open Dealer Exchange, a joint venture formed by the industry’s two
                                        largest Dealer Management System (DMS) providers, Automatic Data Processing, Inc.
                                        and The Reynolds and Reynolds Company. With a single IT interface, PEN allows
                                        providers to connect to thousands of dealers’ point-of-sale systems throughout North
                                        America. Because PEN operates independently, access to every dealership transaction
                                        is possible, providing the greatest exposure available to the dealership market. With
                                        PEN, a provider can customize each interaction by automobile, dealer or region. The
                                        result is a concise system of data connections in which all parties benefit.

                                                                                      See how on the other side…
HOW DOES PEN WORK?
                                            PEN is a managed digital network between the provider and the dealership. During the
                                            menu selling process at the point-of-sale, PEN enables a direct connection between the
                                             Provider’s Admin and Ratings systems and the Dealer’s Menu Software or DMS. In turn,
                                            the provider can offer a seamless contracting process for participating dealers
                                            including instant and accurate electronic ratings, electronic contract origination,
                                            forms preparation, digital signatures, electronic deal jackets, digital remittance and forms
                                            archival. PEN allows the provider to stay focused on their core business by increasing
                                            dealer exposure, contracting efficiency and reducing administration and risk.




                    PEN MODEL
  With PEN, providers can send
and receive ratings and contract
    data to and from any dealer
           POS system directly,
     reducing errors and saving
               time and energy.

Only PEN lets the dealer choose
              their own system.




                                              BENEFITS                                                       FUNCTION POINTS
                                              • Connect to thousands of dealers                              • Web Ratings
                                              • Accurate service contract rates                              • Digital Contracting and Compliance
                                              • No more missing or outdated forms                            • Forms Preparation
                                              • Instant access to archived deals                             • Signature Capture
                                              • Speeds up F&I process                                        • Contract Remittance
                                              • Easier forms management                                      • System Administration
                                              • Eliminates the need for hostile interfaces                   • Utilization Reporting
                                              • No more shipping of forms
                                              • Allows for instant price changes
                                              • Manual labor expense reduced
                                              • Increased CSI
                                              • Registration at time of sale
                                              For more details about the Provider Exchange Network, please send an
                                              email to info@providerexchangenetwork.com, or visit us at
                                              www.ProviderExchangeNetwork.com.

Open Dealer Exchange enables providers and finance sources to embed their offerings into point-of-sale (POS) systems used by
automotive dealers to conduct business both in the showroom and the business office. A joint venture between Automatic Data
Processing, Inc. and The Reynolds and Reynolds Company, Open Dealer Exchange exists to improve the overall F&I process within
automotive retailers throughout the United States and Canada. www.OpenDealerExchange.com

©2011 Open Dealer Exchange, LLC. The Provider Exchange Network is a division of Open Dealer Exchange, LLC.

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Provider Exchange Network Whitepaper

  • 1. INCREASE SALES AND PROFITABILITY BY TAPPING INTO THE DIGITAL PIPELINE The Provider Exchange Network (PEN) is an electronic data exchange that streamlines the sales process by integrating the F&I product provider with the dealers’ point-of-sale (POS) system. PEN connects the provider to multiple dealer systems, whether it is a Menu, desking application or the dealer management system (DMS). Through PEN, the provider gains greater exposure to more vehicle purchases, which ultimately allows more products to be sold. PEN’s digital pipeline reduces costs through rapid, accurate and secure transactions in a paperless process that is easy for both providers and dealers. CURRENT OUTDATED MODEL Providers are as efficient as their weakest link. Incompatible systems and an inconsistent exchange of digital versus paper information limits provider opportunities. A simple solution is needed for providers to reach more customers and sell more products quickly and accurately. PARTNER WITH PROVIDER EXCHANGE NETWORK PEN is part of Open Dealer Exchange, a joint venture formed by the industry’s two largest Dealer Management System (DMS) providers, Automatic Data Processing, Inc. and The Reynolds and Reynolds Company. With a single IT interface, PEN allows providers to connect to thousands of dealers’ point-of-sale systems throughout North America. Because PEN operates independently, access to every dealership transaction is possible, providing the greatest exposure available to the dealership market. With PEN, a provider can customize each interaction by automobile, dealer or region. The result is a concise system of data connections in which all parties benefit. See how on the other side…
  • 2. HOW DOES PEN WORK? PEN is a managed digital network between the provider and the dealership. During the menu selling process at the point-of-sale, PEN enables a direct connection between the Provider’s Admin and Ratings systems and the Dealer’s Menu Software or DMS. In turn, the provider can offer a seamless contracting process for participating dealers including instant and accurate electronic ratings, electronic contract origination, forms preparation, digital signatures, electronic deal jackets, digital remittance and forms archival. PEN allows the provider to stay focused on their core business by increasing dealer exposure, contracting efficiency and reducing administration and risk. PEN MODEL With PEN, providers can send and receive ratings and contract data to and from any dealer POS system directly, reducing errors and saving time and energy. Only PEN lets the dealer choose their own system. BENEFITS FUNCTION POINTS • Connect to thousands of dealers • Web Ratings • Accurate service contract rates • Digital Contracting and Compliance • No more missing or outdated forms • Forms Preparation • Instant access to archived deals • Signature Capture • Speeds up F&I process • Contract Remittance • Easier forms management • System Administration • Eliminates the need for hostile interfaces • Utilization Reporting • No more shipping of forms • Allows for instant price changes • Manual labor expense reduced • Increased CSI • Registration at time of sale For more details about the Provider Exchange Network, please send an email to info@providerexchangenetwork.com, or visit us at www.ProviderExchangeNetwork.com. Open Dealer Exchange enables providers and finance sources to embed their offerings into point-of-sale (POS) systems used by automotive dealers to conduct business both in the showroom and the business office. A joint venture between Automatic Data Processing, Inc. and The Reynolds and Reynolds Company, Open Dealer Exchange exists to improve the overall F&I process within automotive retailers throughout the United States and Canada. www.OpenDealerExchange.com ©2011 Open Dealer Exchange, LLC. The Provider Exchange Network is a division of Open Dealer Exchange, LLC.