Innovative Lease From ADP Keeps Canadian Auto Retailers' PC Technologies Current to Maximize Dealership Performance.Business Editors
Canadian Automobile Dealers Association Convention 2000
Ottawa Congress Center, ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing.
(2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. Booth No. 608
OTTAWA--(BUSINESS WIRE)--June 7, 2000
The Dealer Services Group of Automatic Data Processing Same as data processing. , Inc. (NYSE NYSE
See: New York Stock Exchange :AUD AUD
In currencies, this is the abbreviation for the Australian Dollar.
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) - An innovative lease program focusing on keeping Canadian automotive dealers current with personal computing Refers to users working on their own computers rather than a terminal to a mainframe. Sometimes, the term refers to using computers at home for work and/or entertainment in contrast to business use only. See personal computer. technology is now available from ADP(R) Credit Corp Canada and ADP Dealer Services Canada.
The Technology Lease is designed to complement the introduction of the new PC-based Alliance(TM) dealer management system (DMS (1) (Document Management System) See document management.
(2) (Defense Messaging System) An X.500-compliant messaging system developed by the U.S. Dept. of Defense. ) - the industry's first bilingual system - and Sales Alliance(TM). The Technology Lease provides for fixed monthly rentals with automatic PC hardware replacement by ADP at the mid-point of the lease.
"The Technology Lease provides our clients with yet another example of ADP's commitment to continue as the preeminent provider of leading-edge solutions to the retail automotive sector in Canada," said Dean Anton, Vice President and General Manager of ADP Dealer Services Canada. "This program eliminates that age-old problem of technology catch-up - while it allows dealers to become information technology leaders using the Alliance family of products. This is a big win for Canadian dealers."
Brad Ackroyd, Canadian Regional Manager, ADP Credit Corp, said dealers fully recognize that regularly upgraded PC hardware is essential if they are to realize the full software functionality now being introduced into the marketplace.
"This new Technology Lease offers retailers an economical solution while enjoying the peace of mind that ADP will keep that technology current for the full term of the lease," Ackroyd said.
About ADP Credit
Since 1984 ADP Credit, the finance subsidiary of ADP, has provided a wide variety of innovative and flexible financial solutions geared to help clients acquire ADP products and services. Over the past three years, over 85% of Dealer Services clients have chosen ADP Credit as their preferred source of financing. ADP Credit can be reached via the Internet at www.adpcredit.com.
About ADP Dealer Services
ADP Dealer Services Group provides integrated computing solutions to more than 18,000 automotive and truck dealers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and Europe. ADP Dealer Services Group is the third largest business unit of Automatic Data Processing, Inc. (NYSE:AUD). ADP, with more than $6 billion in annual revenues and more than 450,000 clients, is one of the largest independent computing services firms in the world. More information on ADP and ADP Dealer Services Group is available via the Internet at www.adp.com and www.adpdealer.com.
ADP is a registered trademark of ADP of North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Inc. Alliance is a trademark of ADP, Inc.