Just ahead of next week’s NIADA Convention, FlexPath DXP and Yield Solutions Group announced a strategic partnership to bring advanced virtual F&I solutions to independent dealers nationwide.

The companies said this collaboration marks a significant milestone in the evolution of dealership services, empowering independent dealers to enhance their customer experience and expand their lending capabilities to a full spectrum range of credit customers.

Key benefits of the partnership include:

—Enhanced customer experience: Dealers can offer a personalized and convenient F&I process, allowing customers to explore financing and insurance options from home.

—Increased efficiency: The financial service provider (FSP) platform can reduce the time and complexity of traditional F&I processes, leading to faster deal closures and improved operational efficiency.

—Comprehensive solutions: The combined expertise of FlexPath and YSG can provide a wide range of financing and insurance products tailored to diverse customer needs.

—Competitive advantage: Independent dealers can leverage advanced technology and innovative solutions to stay competitive, attract more customers and drive sales growth.

“We are excited to partner with YSG to bring flexible, customer-focused financing solutions to a broader audience,” FlexPath CEO Tarry Shebesta said. “This partnership enables independent dealers to offer a modern, streamlined F&I experience that meets today’s consumer expectations.”

A little more than week ago, FlexPath announced a relationship with the Ohio Independent Automobile Dealers Association (OIADA) as a vendor partner.

And now comes the partnership with YSP.

“Yield Solutions Group is committed to transforming the F&I landscape with our FSP platform,” Yield Solutions Group managing partner Reid Rubenstein said. “Our collaboration with FlexPath will empower independent dealers with the tools to thrive in a digital world, enhancing both customer satisfaction and dealership success.”