#United States #Buffalo #RouteOne #Streamline Auto Solutions #Make it Work

Streamline Auto Solutions Partners with RouteOne for Enhanced Automotive Financing

In a major development for automotive dealers, Streamline Auto Solutions has unveiled a new embedded integration within RouteOne designed to transform the way finance deals are managed. This innovative feature, known as Make it Work®, provides dealers with the capability to adjust financing agreements directly within the existing RouteOne workflow, a system that many dealers are already accustomed to using.

The Challenge of Automotive Financing

The automotive financing landscape can be quite complex, with significant challenges such as deal adjustments and lender collaboration. Streamline's analysis of over 90 million credit decisions revealed that a staggering 59% of all automotive financing applications face conditions, counteroffers, or outright rejections. This situation creates considerable friction in the sales process, often leading dealers to return to the finance office for deal revisions.

In response to these challenges, John Schulz, Founder and Executive VP at Streamline, explained the importance of refining deal structures and collateral adjustments. He stated, "Even minor modifications can greatly influence financing results and dealer profitability. By integrating Make it Work® into RouteOne, we offer dealers a seamless workflow that optimizes customer, credit, and collateral interactions with their lenders. This reduces delays and enhances overall outcomes for everyone involved."

Streamlined Collaboration

The integration of Streamline’s functionalities into RouteOne simplifies the rehashing process, allowing dealers to efficiently rework transactions, evaluate alternative vehicles, and modify deal structures—all without having to exit RouteOne. Alexander Mandeville, Director of OEM Strategy Key Accounts at RouteOne, emphasized the significance of time efficiency in the finance office, stating, "Streamline's solution is a welcomed addition to our platform. It enables dealers to utilize effective tools that expedite financing and enhance workflow maturity."

The exclusivity of this new feature is noteworthy; it is currently available to dealers who already use RouteOne and subscribe to Streamline’s services.

About RouteOne and Streamline

RouteOne is a renowned platform established in 2002 as a partnership between major financial institutions, including GMAC, Ford Motor Credit Company, DaimlerChrysler Financial, and Toyota Financial Services. The technology connects dealers, financing sources, and industry service providers across North America, streamlining vehicle financing at the point of sale. RouteOne continuously aims to improve customer service and deliver leading solutions that adapt to the evolving needs of the marketplace, be it in-store or online.

On the other hand, Streamline Auto Solutions has been operational since 2018, emerging as an independent entity. They focus on reducing friction in the sales and finance processes across approximately 7,300 dealerships in the U.S. by aligning vehicle choices and deal structures with lender guidelines. Since becoming independent in 2024, Streamline has rapidly expanded its collaborations with dealers and lenders, enhancing underwriting efficiency and capturing better funding outcomes for all parties involved.

For more information on Streamline Auto Solutions and their partnership with RouteOne, interested parties can visit Streamline's official site at streamline.auto or RouteOne's site at RouteOne.com.

This collaboration marks a significant step towards optimizing automotive finance transactions and improving dealer operations, paving the way for a more efficient and profitable future in the automotive sales industry.