CDK Global CDK eSign
CDK Global CDK eSign: CDK Global describes CDK eSign as its electronic signature product for dealerships, offering both in-store and remote signing options to keep deals moving. CDK's digital contracting page places it within a set of F&I tools alongside eContracting and a Digital Finance Office.
CDK Global CDK eSign: CDK CRM, Desking and eSign
There is a CDK eSignature app in the Apple App Store.
The remote option is called Sign Anywhere. Auto Success, Nasdaq and Auto Remarketing carried the announcement, in which CDK described a way for customers to electronically sign most of the finance and insurance forms needed to buy a vehicle without being at the dealership.
The release said it works for customers of CDK eSign.
According to the announcement, Sign Anywhere houses a portfolio of F&I forms in one secure digital location and lets the dealer load forms into a digital deal jacket. Customers open the forms with multi-factor authentication and sign at their convenience.
Auto Remarketing reported that a Volkswagen captive finance company was among the first users of the product.
The digital deal jacket is described as giving the dealership an indexed archive of the documents for each deal, created instantly. CDK links digital document hosting to lower paper handling costs.
Its releases talk about faster processing on the lender side, which are the company's claims and depend on the store and lender.
CDK also published a Trucks, Parts and Service article about launching an electronic F&I solution and a page on digital contracting. The Digital Finance Office page describes a broader approach to the finance office, where signing is one step in a digital flow.
For a business manager, the practical questions are which forms and states are supported for electronic signature, how the customer's identity is verified, how signed documents are stored and retrieved, how lender requirements for original contracts are met, and how the tool connects to the DMS and the store's menu and desking tools.
The category guide for eSignature and e-contracting lists a neutral checklist for use with CDK and other providers. Try it with your data.
CDK eSign puts signatures for service work and parts purchases on an iPad at the counter or at delivery. A companion tool, Sign Anywhere, lets a customer sign most finance and insurance forms remotely, and CDK has described it as free for dealers who already have eSign.
Forms are loaded into a Digital Deal Jacket that customers reach through multi-factor sign-in, and CDK says funding can follow within hours of a sale. Before relying on it, a store should confirm which forms its lenders accept electronically and where the signed documents are stored once the deal is booked.
| Product or service | Function |
|---|---|
| CDK CRM, Desking and eSign | Sales-side tools for customer management, desking and electronic signature. |
- cdkglobal.com
- cdkglobal.com /dms
- cdkglobal.com /about
- cdkglobal.com /automotive
- cdkglobal.com /fi-software/digital-finance-office
- autosuccessonline.com /cdk-sign-anywhere-solution-secure-remote-signing-capabilities/
- autoremarketing.com /autofinjournal/volkswagen-captive-among-first-users-cdk-global-sign-anywhere/
- apps.apple.com /us/app/cdk-esignature/id776288698
- canadianautodealer.ca /2020/06/cdk-launches-remote-electronic-signing-for-dealerships/