Is E-contracting Ready for Mainstream Use?
by By Rebecca D. Chernek Before anyone takes the first step toward a less paper-dependent system, concerns about security and compliance must be addressed. Welcome to the remarkable business world of the 21st century! Rapid advances in technology are no longer limited to cameras, cell telephones and microwaves, and e-mail is the instant telegram of this era. Sophisticated software programs continue to change the way in which companies produce and file a wide variety of documents. While few dealerships have transitioned to a completely paperless office, the day is likely coming when we will accept this system as a fait accompli. The majority of dealers have taken the required steps to reach potential clients and conduct business through their Web sites. And now you have the opportunity to offer customers quicker car sales through the use of an electronic contract. E-contracting is knocking at your door. Yes, e-contracting a new online processing system for transmitting validated vehicle
