Pub. 3 2023 Issue 1

Continued on page 18 The Solution: E-Titling for Dealers. Ah, yes — Vitu has been talking about this for a long time, right? For nearly a year and a half (or more), we’ve heard John Brueggeman discuss this new way to DTO with a completely digital process that takes days, not weeks or months. So, what is it? Enter Digital Dealer E-Titling. In a nutshell, E-Titling uses the MVR as a replacement for an actual title for a given vehicle. When you think about it, the MVR is the record of truth when talking about who actually owns the vehicle. As such, it’s the new way to procure a title in your dealership’s name. The end result is the same, it’s just the process is completely digital and takes a lot less time. How Does it Work? When your dealership has a vehicle that you need titled in your name, you simply submit all required documentation digitally through Vitu. These documents include but are not limited to: • Image of the original title front and back or Motor Vehicle Record • Bill of Sale from consumer to dealer • POA, if applicable • Lien Release When you can’t actually get the original or a replacement title, take advantage of E-Titling where an MVR is used in place of a title, helping to speed up and simplify the process. Once your dealership completes the digital submission using Vitu, our Montana audit team reviews everything and makes sure it is all accurate. Once everything is confirmed and looking good, the title work is then sent electronically to the state where a final approval takes place. Accept payments anywhere, anytime while saving money. Process payments with MTADA’s preferred vendor and... Save up to 70% on your processing costs! Reach out to learn more. Mike Peterson michael.peterson@payrocsales.com 406.548.5345 Best-in-class Products & Services Electronic Processing Mobile Processing Point Of Sale Systems 17

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