Reynolds and Reynolds Announces Launch of LAW® Nebraska F&I Library
The LAW Nebraska F&I Library is a Suite of Standardized F&I Documents for Franchised Automobile Dealers in the State of Nebraska
DAYTON, Ohio, July 25, 2017 /PRNewswire/ -- The Reynolds and Reynolds Company today announced the release of the Reynolds LAW® Nebraska F&I Library, a comprehensive catalog of standardized, legally reviewed finance and insurance (F&I) documents for franchised new car and truck dealers in the state of Nebraska.
These documents are used by dealership F&I offices to complete the vehicle sales process with car buyers.
"We are pleased to announce the availability of the LAW Nebraska F&I Library," said Jerry Kirwan, senior vice president and general manager of Reynolds Document Services. "Dealers will continue to face growing expectations from consumers for a more engaging and smoother car-buying experience. The documents in the LAW Nebraska Library are written in consumer-friendly language to help create a more efficient, transparent and understandable F&I process in every transaction. By increasing the efficiency of the F&I process, dealers can deliver a better customer experience for buyers at the dealership."
Kirwan also noted LAW brand documents can help dealers keep pace with regulatory developments in automotive because the documents in the LAW Nebraska F&I Library are regularly reviewed and updated for legal sufficiency. Reynolds' industry-leading forms specialists manage the review alongside Reynolds' outside legal partners.
In addition, the printed documents in the LAW Nebraska F&I Library are available in digital format, which can help facilitate the conversion to laser-printed forms and e-contracting transactions. Reynolds Document Services maintains licensing agreements with all major providers of electronic F&I (e-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 have been endorsed by a number of state automobile dealers associations and leading automotive finance institutions. LAW documents are available in all 50 states and Washington, D.C.
The flagship product of the LAW brand is the Reynolds LAW® 553 Universal Retail Installment Sale Contract, which is the most widely accepted document in auto finance. The Reynolds LAW 553 is regularly reviewed by industry experts to help keep pace with new legislative and regulatory developments. Dealers who use the LAW 553 find they can use one contract to finance dealers through multiple lending institutions.
About Reynolds Document Services
In 1866, Reynolds and Reynolds was founded as a business forms printer. Since the 1920s, Reynolds has been known as the leader in serving automobile dealerships nationwide with standard and custom business forms. Today, Reynolds Document Services carries on the company's 150-year forms legacy by delivering a wide range of printed and electronic business documents, branding services, and dealership supplies that help dealers brand their retail enterprise, manage compliance risk, and improve operational efficiencies.
About Reynolds
Reynolds and Reynolds is a leading provider of automobile dealership software, services, and forms to help dealerships deliver better business results and transform the customer experience. The company is headquartered in Dayton, Ohio, with major operations in Houston and College Station, Texas, and Celina, Ohio. (www.reyrey.com)
SOURCE The Reynolds and Reynolds Company
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