ORLANDO, FL – MenuVantage, the market’s premier web-based menu selling system, today announced that Assurant Solutions has joined its nationwide network of active F&I providers. The company joins over 50 other providers currently on the MenuVantage platform including Protective, A.U.L Corporation, LOTS, Cal-Tex Protective Coatings, SouthwestRe, CNA National, EasyCare, GE, American Financial Automotive Services, and Safeguard. Assurant Solutions is a leading provider of title administration services, service contracts and debt protection programs to auto lenders and dealers. MenuVantage will electronically rate their products, electronically remit and enroll their customers, as well as enable the dynamic printing of their contracts on plain printer paper.
MenuVantage’s online rating and contract functionality speeds the entire process, improves accuracy, and eliminates duplicate data entry for both dealers and aftermarket providers.
MenuVantage co-CEO Phillip Battista commented; "Another premier provider coming onto the MenuVantage platform is a testament to how well our submission technology is actively working in the market today. We look forward to providing the technology that will support their dealers and agents in taking F&I performance to new levels.”
MenuVantage has developed a system that not only assists dealers on the front end, but also providers on the back end; offering unique benefits to F&I Providers. The MenuVantage system incorporates a powerful communication feature that offers the capability to broadcast information directly to their dealer's desktops.
With this feature providers can run contests, make announcements and post new product promotions in minutes. Additional provider benefits include a built-in reporting suite that automatically submits cleared contracts on a daily basis. Providers can now track and monitor dealers daily; detect trends early, identify weak points before they become problems and respond accordingly.
MenuVantage provides dealers with superior F&I tools to ensure compliance and increased per unit profit. The system offers F&I Departments the most advanced technology available on the market including electronic submission of warranty and F&I products to providers, real time service contract rating for over 50 providers, and dynamic printing of documents on regular paper.
MenuVantage has seen a strong increase in market presence and currently processes more than 100,000 deals per month for over 4000 users at automotive dealerships in all 50 states nationwide; the average deal with MenuVantage produces $903 per unit compared to $633 per unit without the system – a 30% increase in revenue.
Founded in 2003, MenuVantage has enjoyed tremendous growth and currently services more than 4,000 users at automotive dealerships in all 50 states nationwide, processing more than 100,000 deals per month. MenuVantage has developed a system that not only assists dealers in the F&I office, but also Providers with contract administration making the system a truly end to end business solution. Over 50 providers currently enjoy the benefits of the MenuVantage platform including A.U.L Corporation, LOTS, Cal-Tex Protective Coatings, SouthwestRe, CNA National, EasyCare, GE, American Financial Automotive Services, and Safeguard.
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