Sales staff will be able to leave customers to select their own finance package as part of a fully FCA-compliant update to iVendi’s management software.
Designed to “bring the best of the internet into the showroom” the system builds on iVendi’s brief of providing a single point through which all dealer online motor finance activities could be managed with the inclusion of a finance comparator.
The new function works alongside iVendi’s existing Quoteware finance quote generator and can be used by the customers themselves in 6,000 connected dealers throughout the UK.
James Tew, CEO at iVendi, said: “The comparator included in the latest generation of the platform is designed to bring all of the advantages of an online motor finance offering into a real world sales environment.
“The sales person can sit down with the customer and use the comparator to look at a range of different finance products and offerings for those with varying risk appetites.
“It provides a very structured, convenient and FCA-compliant way of presenting motor finance and is so intuitive that the sales person can even leave the customer to decide on their own preferred finance solutions.”
James said he believed that the development of online motor finance had outstripped showroom systems over the last two years.