IAS Adds Universal Warranty Corporation to List of VSC Rating Providers within SmartMenu Software

AUSTIN, Texas, June 4 /PRNewswire-FirstCall/ -- IAS announced today that dealers using IAS' SmartMenu software system will now be able to electronically rate Universal Warranty Corporation (UWC) service contracts within the software. This free service gives users a one-click method to acquire available rates for a given vehicle and customer. UWC joins CNA National Warranty Corporation, Protective, and GE Auto Warranty Services as available rate providers within SmartMenu.

With this release of SmartMenu, dealers can rate the service contract automatically and effortlessly. After extracting vehicle information from the DMS, including the VIN and mileage, SmartMenu transmits the data to the VSC provider. The provider responds with a listing of plans applicable to the vehicle being sold. This listing includes the plan name, dealer cost, retail price, term in months, term in miles, deductible, and program options. The user selects which plan(s) to include in various menu packages and the output menu is updated automatically with the appropriate retail price.

According to Bob Corbin, president of IAS, "We are very pleased to make such simple and easy UWC service contract rating available to our dealer customers."

SmartMenu can also sort the results by price to determine which plans fit customer needs and budget.

The service contract rating functionality gives dealers flexibility in service contract markup as well. Dealers can choose, on a per-provider basis, whether or not to mark up the VSC product by percentage or dollar amount, and by how much. Feedback from existing dealers indicates that the SmartMenu rating system redefines how dealers think about presenting VSC options to their customers.

The SmartDealerProducts suite of software, which includes SmartMenu, SmartTrac, SmartEye and SmartInsight, is available at no cost and without any long term contracts to dealers selling one or more IAS warranty products. Currently there is no additional cost to take advantage of the desking menu within SmartMenu.

For more information, please visit http://www.iasdirect.com/

About IAS

Innovative Aftermarket Systems (IAS) is the leading provider of F&I aftermarket programs to automotive dealerships. IAS offers a variety of products including, GAP, Invisible Phantom Footprints, Theft Avert, Super Polyshield, The Preferred Advantage, R.O.A.D. InTire, among others. Additionally, IAS' flagship software suite, SmartDealerProducts, provides revolutionary F&I software solutions for dealerships and their customers. IAS' training department, SmartDealerUniversity, provides ongoing training and feedback to ensure continued penetration, ethical presentations and increased profits for IAS dealership customers. Headquartered in Austin, Texas, IAS has hundreds of certified agents throughout the United States and provides technology solutions and aftermarket products for many of the top-100 dealer groups.

About Universal Warranty Corporation

Universal Warranty Corporation, headquartered in Omaha, Nebraska, is an administrator and marketer of vehicle service contracts and other F&I products throughout North America. In that capacity, UWC provides quality products and services uniquely tailored to the needs of franchise and independent retail automobile dealers. UWC is a member of the Motors Insurance Group of companies, a leading provider of vehicle service contracts and other F&I products with over three decades of experience and service to the automotive industry.

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