ILT has further enhanced its integration with RouteOne to include eContracting.
ILT has further enhanced its integration with RouteOne to include eContracting. All finance sources utilizing ILT’s DILLS™ loan origination system (LOS) now have the opportunity to participate in eContracting with RouteOne and provide dealers faster funding. Finance Sources utilizing ILT’s DigiDocs™ software can begin eContracting with no further upgrades and experience the same digital workflow as they do today.
eContracting gives finance sources the ability to seamlessly exchange data with dealers and support the credit application process through final contract signing, all electronically, creating greater efficiencies for both parties.
“eContracting continues to grow at an extraordinary rate.” said Mike Jurecki, RouteOne CEO. “This upgrade to the integration with DILLS™ will help finance sources take advantage of the benefits of eContracting, including reaching more dealers who want faster funding and overall productivity gains.”
“More than 1,000 dealers use RouteOne every month to send loan applications to lenders who use our DILLS™ LOS”, according to Will McGregor, President at ILT. “Many of those lenders also receive images of documentation using the DigiDocs™ feature from RouteOne dealers. Adding eContracting to our integration speeds up the whole process for both dealers and lenders. We’re very pleased.”