AppOne Creates Product Marketplace; Platform Connects Third-Party Vendors to AppOne's Network of Auto Dealers.BATON ROUGE Baton Rouge (băt`ən r  zh) [Fr.,=red stick], city (1990 pop. 219,531), state capital and seat of East Baton Rouge parish, SE La. , La. -- AppOne, a provider of Internet-based risk
mitigation and financial technology to banks, credit unions and
independent auto dealers throughout the continental United States United States territory, including the adjacent territorial waters, located within North America between Canada and Mexico. Also called CONUS. , has
created the AppOne Product Marketplace to provide access for third-party
vendors to AppOne's growing network of dealers.
The Product Marketplace is an online forum for selling products associated with the sale of automobiles that is used by AppOne's Preferred Product Providers and its network of independent auto dealers. Participating vendors also have access to AppOne's network of financing sources. The Product Marketplace features real-time technology integration, automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. product enrollment, electronic pricing and quotes, and laser-printed forms. Because the Marketplace reaches AppOne's entire dealer network at once, vendors can achieve an immediate increase in product placements through a single point of access. Additionally, the Product Marketplace provides a single point of premium remittance Money sent from one individual to another in the form of cash, check, or some other manner. Financial statements sent by a creditor to a debtor frequently refer to the process of submitting a monthly remittance. REMITTANCE, comm. law. , ensuring that vendors and dealers promptly receive all moneys due for the sale of products. Dealers that use AppOne's platform have instant access to a broad array of products from AppOne's Preferred Product Providers. This system enables dealers to more effectively and efficiently offer value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. products to their customers. "AppOne remains neutral within the Product Marketplace," said Lee Domingue, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AppOne. "While we do not endorse a particular product or product line, we found that our system provides a unique opportunity to assist in connecting our dealer and vendor partners." About AppOne Based in Baton Rouge, La., AppOne is an Internet-based company offering its AppOne solution that connects independent auto dealers with lenders. The AppOne system relies on the company's proprietary scorecard system, which evaluates an independent dealer to determine the level of risk associated with doing business with that dealer. AppOne provides lenders with a new channel of growth and field representation directly to independent auto dealers nationwide. It also offers independent auto dealers faster financing options for their own customers as well as support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services and additional fee-based products. For more information on AppOne, visit the company's Web site at www.appone.net. |
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