LONDON – 07 December 2023– A new collaboration between Automotive Transformation Group (ATG) and iVendi will enable dealers to offer an advanced consumer journey online and in the showroom in order to drive higher conversion rates.
The move, which could benefit thousands of motor retailers who use ATG’s NetDirector® Auto-e platform, will include iVendi’s Consumer Duty-compliant tools such as full finance quoting, applications and proposals, form validation, lender product content, monthly payment calculations and finance eligibility checks.
The development has been made possible by the recent launch of iVendi’s Connect product, a comprehensive suite of application programming interfaces (APIs) that enables enterprise-level businesses to integrate the company’s technology quickly and effectively into their established systems.
Richard Tavernor, COO at iVendi, said: “Connect is all about making our latest technology available to the largest customers in the easiest-to-adopt package. ATG is our first major partnership for the product and integrates our finance tools seamlessly, enabling a first-class user experience for their customers. For dealers, it really feels like using a single system, whether offering our tools in the showroom or online.
“Ultimately, this collaboration brings together two market leaders, providing an enhanced solution for a wide range of dealers.”
Tim Smith, CEO at ATG, highlighted his company’s dedication to open working relationships and integrations, stating: “This partnership demonstrates ATG’s commitment to collaborating with the leading technology providers in the sector. It represents an important next step in delivering advanced finance capabilities to our NetDirector® Auto-e users and a new dimension to our Fusion suite that we believe will significantly enhance conversion rates for dealers.
“Importantly, iVendi’s technology allows this to be done within a highly compliant infrastructure that incorporates the latest thinking in Consumer Duty, which is a key consideration for any motor finance customer journey today.”
ATG’s NetDirector® Auto-e is a comprehensive platform designed to facilitate seamless connections between dealers and their customers, offering everything from new and used vehicle locators to sales checkout facilities. Existing users who wish to take advantage of the technology made available from this partnership should contact their account manager to activate the finance capability, which will be available from January 2024.
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About Automotive Transformation Group
As a leading provider of retailing software to the automotive sector, Automotive Transformation Group exist to make car-buying easy.
With 20 years of experience, technology deployed across 76 countries, and over 13 billion digital interactions captured to date, they have developed a deep understanding of car-buying behaviour, which allows them to design consumer-first software for Retailers, OEMs, Financiers and Fleet Suppliers across the globe.
By harnessing the full power of their proprietary Fusion suite, their customers can simultaneously manage vehicle supply and proactively drive consumer demand, empowering them to stay agile in the face of rapid changes in consumer behaviour. Furthermore, through automation such as AI, their SaaS technology continues to optimise operational efficiency, inject tangible cost savings, and ultimately help clients acquire, convert and retain more customers via a world-class omnichannel experience.
Automotive Transformation Group currently service 82% of the top 200 UK Retail locations, 65% of the world’s Manufacturers, 60% of Europe’s Financiers and 80% of the Top 10 UK Fleet and Leasing companies.
Find out more about their Fusion suite here: atg.auto
For media enquiries contact media@atg.auto
For more information, please visit: atg.auto
About iVendi
Founded in 2009, iVendi is the market leader in connected motor retail technology, creating digital products that help customers to buy vehicles and dealers to sell them more efficiently, both on online and in the showroom.
iVendi technology interacts with around five million consumers every month and thousands of motor retailers, manufacturers and finance providers. The company is based in Colwyn Bay UK.
For further details, please contact Simon Wells at Paperchase Public Relations on 07768 912430 or simon@paperchasepr.co.uk