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What is Vera F&I?

Sales and F&I compliance solutions are crucial for minimizing liability throughout the entire customer journey, from the first interaction to the closing of the sale. It's imperative that customers leave your showroom with their new vehicles instead of finding themselves embroiled in legal disputes. KPA's team of expert auditors provides invaluable support by ensuring that your F&I processes are compliant and efficiently managed. The Vera F&I software and services are tailored specifically for vehicle dealerships, encompassing various sectors including automotive, truck, RV, marine, and power sports. Our compliance offerings are strategically designed to help you formulate effective sales strategies, train your sales and finance personnel, safeguard consumer information, and maintain organized deal jackets—all with the objective of mitigating risks and boosting profitability. We provide an extensive array of resources that can be accessed online, in person, or via phone, all aimed at delivering a holistic compliance program that assesses risk while assisting in the development and execution of effective policies, programs, and training. By leveraging these tools, you can ensure accountability among all staff who engage with customers, fostering a more effective operational environment that enhances your dealership's reputation and success. Ultimately, this commitment to compliance not only protects your business but also cultivates trust and loyalty among your clientele.

What is Informativ?

Informativ’s Dealership Compliance Software offers a robust digital compliance solution tailored for both in-person and online transactions, formerly recognized as Dealer Safeguard Solutions/DSGSS, with the goal of creating a trustworthy, verifiable, and fraud-resistant process for vehicle sales. The platform enhances efficiency by eliminating the dependency on physical paperwork, enabling the digital gathering of information from buyers and co-buyers, as well as allowing document uploads, while generating a “digital deal jacket” for each transaction, regardless of whether they are completed, and maintaining essential records in secure cloud storage over extended periods. It ensures adherence to critical regulatory requirements like the FTC Safeguards Rule, FCRA standards, and privacy laws through automated policy workflows, identity verification, and fraud detection tools. Informativ’s sophisticated multi-layered engine can scan more than 250 types of barcodes and IDs to pinpoint potential synthetic and identity fraud threats, effectively blocking non-compliant transactions from moving forward. Furthermore, the software is built with both mobile and desktop options, making it suitable for both physical and virtual sales environments, while also allowing for early soft-pull credit pre-qualification for potential buyers. This adaptability significantly improves the customer journey by aligning with various sales scenarios and consumer needs, ultimately promoting a smoother buying experience. Additionally, the software's user-friendly interface ensures that dealership staff can navigate the platform with ease, further enhancing operational efficiency.

Media

Media

Integrations Supported

AutoFi
Dealertrack DMS
HomeNetGuard
RouteOne
vAuto

Integrations Supported

AutoFi
Dealertrack DMS
HomeNetGuard
RouteOne
vAuto

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Free
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

KPA

Date Founded

1986

Company Location

United States

Company Website

www.kpa.io/verafi

Company Facts

Organization Name

Informativ

Company Location

United States

Company Website

informativ.com/solutions/dealership-compliance-software/

Categories and Features

Compliance

Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation

Categories and Features

Auto Dealer

Accounting
Buy-Here-Pay-Here
Collections Management
Contact Database
Customer Database
Document Management
F&I Management
Financing Management
Form Printing
Inventory Management
Lease Management
New Car Dealer
New Car Lot
Online Inventory
Parts Management
Sales Management
Service Department
Used Car Lot
Website Integration

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

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