AUT23TD01. FinTech -- Empowering Dealers with the Latest Payment and Financial Tools, presented by Solutios
Solutios is a high-growth provider of seamless digital payment, banking, treasury management and analytical solutions enabling franchise automotive dealers to leverage the latest finance, banking and telematics technologies. Our session will highlight our latest POS/DMS application; digital reimbursement card product to eliminate check writing for tag, title & deal reimbursement; fleet management to automate collection of unpaid loaner car customer expenses such as tolls, fines, fuel, and excess mileage; and our novel integrated payables workflow to reduce accounting overhead and increase the dealers digital payment rebate (up to 80 bps). Created by dealers for dealers, our secure and scalable cloud-based commerce software-as-a-service platform tightly integrates modern point-of-sale functionality with legacy dealer management systems.
With zero capital required, Solutios helps dealers drive savings directly to the bottom line by:
1) Significantly reducing credit card processing fees via transaction aggregation and interchange optimization with full pricing transparency
2) Creating operational efficiencies through collections, disbursements, deposit execution, posting and reconciliation without changing existing processes
3) Modernizing the payments experience at all touchpoints to enhance customer experience and increase retention
4) Automating PCI-DSS and other regulatory compliance requirements
Incubated and launched by Pohanka Automotive, one of the nation’s oldest and most respected automobile dealership groups, Solutios is a strategic banking-as-a-service partner of Fidelity National Information Services Inc., Cogent Bank and a registered payments facilitator of Worldpay Inc. The company is privately held and headquartered in Northern Virginia’s Dulles Technology Corridor. To learn more about leveraging the power of Solutios and its dealer alliance partnership, please attend our technology demonstration at AICPA this year and swing by our booth.
