CSE Quick Tips
June 9, 2020
CSE Quick Tip #11

TO:   Finance Managers, Sales Managers & Sales Consultants
SUBJECT:  CSE Quick Tip #11 – eContracting
Date:  June 2020

The Benefits of eContracting

Kia Motors Finance (KMF) has made a significant investment in new technology in an effort to improve the finance and contracts process for the dealer and to reduce the F&I wait time for the customer. The eContracting solution allows for quick generation and verification of contract documents, electronic signatures, better compliance, and easy electronic submission of the contract.

KMF’s eContracting produces a more efficient workflow, provides transparency and shorter wait times for the customer, and seamlessly integrates with the dealership sales processes to increase profitability.

Some additional key benefits of eContracting are as follows:

  • Electronic review of documents eliminates print time and reduces errors
  • Electronic signing process is easier and more convenient than requiring traditional signatures
  • Automatic contract validation reduces re-contracting
  • Faster funding (same-day funding is available)
  • Ability to track contracts through the approval process
  • Reduces shipping/courier costs

The many benefits of eContracting not only help to improve your process but enhance the sales experience by decreasing F&I wait times which demonstrates to customers how much we value and respect their time.

Remember during this time, practice social distancing and recommendations from the CDC.

Sincerely,

Sales and Field Operations Team
Kia Motors America, Inc.