taq Automotive Intelligence has launched its patent-pending Digital Deal Jacket, a new feature within its credit portal designed to enhance funding efficiencies and streamline financing for automotive retailers and lenders.
The Digital Deal Jacket is a mobile-friendly solution that digitizes the entire funding workflow. It integrates e-signature technology and utilizes intelligent systems to minimize errors, reduce deficiencies, and accelerate payment processing. John Currado, President of taq, stated that this innovation marks a significant milestone, shifting the funding process to a fully digital experience and aiming to elevate industry standards.
Retailers are expected to benefit from the intuitive design of Digital Deal Jacket, which can reduce the time spent managing documents and signatures. According to Currado, full utilization of this technology can eliminate most deficiencies, leading to faster funding for retailers and subsequently, significant savings in both time and money.
Leasing provider SCI Lease Corp is currently leveraging this technology as part of its digital transformation strategy. Alan Bird, President of SCI Lease Corp, highlighted taq’s ability to customize solutions to fit their specific needs, which has been crucial in developing a fully digital offering. Bird emphasized that taq’s vision for the future of automotive financing, focusing on digital transformation to improve the customer finance experience, aligns with SCI Lease Corp’s goals.
The Digital Deal Jacket is available to any financial institution utilizing taq’s One credit portal. For lenders on the portal, it aims to provide a seamless digital experience consistent with the industry’s increasing move towards automation and efficiency.
taq Automotive Intelligence, a member of the SCI Group of Companies, specializes in delivering customer-centric technology and customizable solutions designed to enhance digital touchpoints in the automotive customer buying experience. The company focuses on digital retailing and lead management, bridging online and in-person interactions to support OEM, lender, and dealer partners in automotive sales.
