9 capabilities of RouteOne On-Demand
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Image courtesy of RouteOne.
On Tuesday, RouteOne introduced what it called RouteOne On-Demand, a suite of application programming interface (API) services that are designed to power enterprise-level digital retailing solutions.
The company highlighted RouteOne On-Demand can enable the digital future of automotive retail with “unparalleled efficiency, flexibility, and customization capabilities to help deliver a modern, secure, compliant, and consumer-centered vehicle purchase experience, including financing and protection products.”
As consumers increasingly embark on their journeys through a multi-channel approach, RouteOne explained that it has extended its capabilities by deploying these same micro-services behind the scenes to integrated technology providers through access to on-demand APIs.
RouteOne’s On-Demand can power the entire F&I shopping and purchase process, including support for the ability to:
—Submit and receive credits applications and decisions
—Validate credit
—Validate customer identities
—Update supporting integrated systems
—Provide quotes for both purchase and payoff
—Display real-time aftermarket pricing and marketing tools
—Upload documentation
—Automate and validate eContracting deal structures
—eSign remotely
RouteOne pointed out adoption and utilization of its tools continue to increase year-over-year.
As an example, RouteOne’s Auto Submit feature, which allows industry partners to use their branded consumer-facing user interface to collect data, deliver to a dealer in RouteOne, and automatically submit to finance sources based on predetermined logic, has experienced:
—109% increase in the number of integrated partners since 2019
—240% increase in credit application volume since 2019
The company noted the RouteOne On-Demand suite of APIs was engineered with the same secure and compliant technology underpinnings of RouteOne’s in-store and showroom solution set.
“RouteOne On-Demand marks a significant step forward toward the digital future of automotive retail, embodying unparalleled efficiency and flexibility, on a trusted foundation,” RouteOne chief product officer Amanda George said.
“These solutions can empower a new era of consumer-centered solutions from a reliable partner for dealers, finance sources, and industry partners, allowing them to connect and craft unique solutions, fostering collaboration in the automotive ecosystem,” George went on to say.
Interested in plugging into RouteOne On-Demand’s APIs to power your modern consumer buying experience? Contact the RouteOne strategic partnerships team at StrategicPartnerships@routeone.com or visit RouteOne.com.