Reynolds Launches LAW® Tennessee F&I Library
LAW Tennessee F&I Library Offers Comprehensive Catalog of Standardized F&I Documents for Tennessee Dealers
DAYTON, Ohio – Sept. 10, 2015 – – Reynolds and Reynolds today announced the launch of the Reynolds LAW® Tennessee F&I Library, a comprehensive catalog of standardized, legally reviewed finance and insurance (F&I) documents available to automobile retailers in Tennessee.
“Automobile retailers continue to face increasing levels of regulatory scrutiny, as well as higher expectations from consumers around the entire car-buying experience,” said Jerry Kirwan, senior vice president and general manager of Reynolds Document Services. “Part of Reynolds’ response for dealers is to develop document services that help them tackle those issues directly. The documents in the LAW Tennessee Library can help dealers minimize their compliance risk, streamline their F&I processes, and improve their customers’ experience in the F&I office.”
Kirwan noted several benefits of the Reynolds LAW Tennessee F&I Library:
Minimize compliance risk – LAW brand documents help support a standardized, streamlined F&I process and can help reduce the retailer’s litigation risk. The documents in the LAW Tennessee F&I Library are regularly reviewed for compliance with the latest regulations. Reynolds’ industry-leading forms specialists lead the review alongside Reynolds’ outside legal partners.
Streamline F&I processes – By using the standardized vehicle deal documents in the LAW Tennessee F&I Library, dealers can achieve a more consistent and effective F&I process in every transaction.
Increase customer satisfaction – The LAW Tennessee F&I Library contains documents written in consumer-friendly language to help create a more transparent and understandable F&I process and improve the customer experience with the dealership.
Smooth the transition to electronic transactions – The printed documents in the LAW Tennessee F&I Library are also available in digital format, which helps facilitate the conversion to laser-printed transactions or e-contracting. Reynolds Document Services maintains licensing agreements with all major providers of electronic F&I solutions.
About Reynolds LAW Brand Documents
The Reynolds LAW brand is well established as one of the most trusted brands in the automotive industry. LAW documents are available in all 50 states and Washington, D.C., and have been endorsed by a number of state automobile dealers associations and leading automotive finance institutions.
The flagship product of the LAW brand is the Reynolds LAW® 553 Universal Retail Sale Contract
, the most widely accepted document in auto finance. The Reynolds LAW 553 is available in a variety of languages and is regularly reviewed by industry experts to help keep pace with new legislative and regulatory developments.
Since the 1920s, Reynolds has been known as the leader in serving automobile dealerships nationwide with standard and custom business and vehicle sales documents to help dealers manage their operations more efficiently and serve their customers more effectively.
Reynolds and Reynolds is a leading provider of automobile dealership software, services, and documents to help dealerships deliver better business results and transform the customer experience. (www.reyrey.com
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