Payment Radar
Tekion Partners with REPAY to Automate Vendor Payments for Dealerships
Tekion announced a strategic partnership with REPAY to integrate REPAY's vendor payment automation into Tekion's Automotive Retail Cloud (ARC).
What changed
Tekion has integrated REPAY’s vendor payment automation into its Automotive Retail Cloud (ARC) platform. This update allows dealerships to process vendor payments digitally without manual checks or outreach. REPAY now manages backend vendor enrollment and disbursement directly within the Tekion ecosystem.
Why a business should care
This integration directly reduces manual administrative workloads for automotive dealers. By eliminating check printing and manual vendor outreach, dealerships can accelerate payment processing times. The centralized control within the dealer management system enhances security and operational efficiency for accounts payable workflows.
Who it affects
This change specifically impacts automotive dealerships currently utilizing Tekion’s Automotive Retail Cloud platform. It does not affect dealers using competing dealer management systems or those not processing vendor payments through this specific workflow.
What to consider doing
Dealers using Tekion ARC should pull their current accounts payable workflow documentation to identify manual check printing steps. They should then contact their Tekion account representative to request a demonstration of the new REPAY integration features.
Uncertainty and risks
No immediate mandatory action is required. The partnership announcement does not introduce new financial risks or cost changes. Dealers should evaluate the integration fit for their specific operational needs before committing to any changes. The specific signal to trigger adoption would be a confirmed requirement to eliminate manual check printing in your current AP process. Automotive Retail Cloud (ARC) is Tekion’s dealer management system platform for automotive dealerships. REPAY is a vendor payment automation service that handles enrollment and disbursement. Availability of REPAY’s vendor payment automation within Tekion ARC, enabling dealers to process vendor payments digitally without manual checks or outreach, with REPAY handling backend enrollment/disbursement. Reduces manual AP workload, eliminates check printing costs/effort, accelerates vendor payments, and centralizes payment control within the dealer management system, improving operational efficiency and security. Automotive dealerships utilizing Tekion’s Automotive Retail Cloud (ARC) platform.

Comments