Provider Exchange Network, a Division of Open Dealer Exchange, LLC, Launches New Website, www.ProviderExchangeNetwork.com

New site brings the Provider Exchange Network experience online with a digital, in-depth look at the industry's sole, provider-focused software application for use by the dealer management system (DMS).

TROY, MICHIGAN (September 13, 2010) via PRWEB.com – To further serve F&I product providers and automotive dealers nationwide, Provider Network Exchange (PEN)—a division of Open Dealer Exchange, LLC which is revolutionizing the vehicle buying process—has launched an official website.

Created to give providers easier, more immediate access to news and information about PEN, www.ProviderExchangeNetwork.com is a Content Management System (CMS)-based website featuring smooth navigation, flexible content and fast, timely updates.

Utilizing the simple blue hues of the PEN branding elements and logo, the new website serves to further solidify and cement PEN as the leading, standalone brand in automotive integration software within the F&I process.

"We're thrilled to introduce a website dedicated solely for Provider Exchange Network," said Mark Virag, Managing Director for Provider Exchange Network. "Considering PEN's advanced technology and comprehensive electronic offerings, it was time to extend our marketing to include both offline and online communication to better serve the needs of our customers."

He added, "Our new online approach positions PEN more prominently in the market, and we look forward to educating and captivating many more providers about PEN's capabilities and what it means for the F&I process."

PEN is an electronic date exchange that streamlines the sales process by integrating the F&I product provider with the dealers' point-of-sale system, whether through a menu or directly with the DMS. Through PEN, the provider can offer a completely paperless contracting process for participating dealers, including instant and accurate electronic ratings, electronic deal jackets, digital remittance and forms archival. By increasing dealer exposure and contracting efficiency and reducing tedious administrative tasks, PEN allows providers to stay focused on their core business.

To learn more about PEN, visit the website at www.ProviderExchangeNetwork.com.

###

About Open Dealer Exchange, LLC

Open Dealer Exchange enables providers and finance sources to embed their offerings into point-of-sale (POS) systems used by automotive dealers to conduct business both in the showroom and the business office. A joint venture between Automatic Data Processing, Inc. (ADP) and The Reynolds and Reynolds Company, Open Dealer Exchange exists to improve the overall F&I process within automotive retailers throughout the United States and Canada. For more information on Open Dealer Exchange, please visit www.OpenDealerExchange.com. For more information on Provider Exchange Network — a division of Open Dealer Exchange — please visit www.ProviderExchangeNetwork.com.