Web-based equipment dealership management solution (DMS) provider HBS Systems has partnered with Trnsact, a digital finance and insurance (F&I) platform for equipment dealers. HBS Systems says the partnership will provide dealers using the company’s NetView ECO DMS with a faster, easier and more secure financing process to drive sales, increase compliance and provide better customer and dealer staff experiences.

According to HBS, the integration enables a secure and compliant finance management platform that allows dealers to streamline all credit and financing workflows with any lender or aftermarket provider and offer customers a single online credit application. An applicant can scan a QR code or receive a text message link to complete the application on their mobile device and receive financing terms from the dealer’s preferred captive lender or bank, the company says. The digital process reduces the administrative time sales reps or other dealer staff must spend entering data, waiting for lender responses and sharing updates with customers, HBS adds.

“Our team works tirelessly to reduce keystrokes and streamline workflows and processes to increase efficiencies for our valued customers,” says Chad Stone, president and CEO of HBS Systems.

Beckham Thomas, CEO, and co-founder of Trnsact, says that the partnership “will bring new synergies for HBS Systems dealers by further reducing the steps required to advance equipment financing sales and maximize opportunities to offer insurance warranty programs with ease.”

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