Trnsact

Trnsact - Tue October 17, 2023

Trnsact Surpasses $1B in Application Transactions On its Platform

Trnsact Inc. , a software platform in the commercial equipment finance industry, announced that the company has processed more than $1 billion transaction requests on its Software-as-a-Service platform....

Trnsact - Tue November 08, 2022

How F&I Transforms Sales Process for Dealers, Customers

In the third part of its Q&A series, Trnsact dives further into the finance & insurance (F&I) opportunity for commercial trucking and equipment dealers to discuss how it changes the life of the sales team and what it means to customers....

Trnsact - Tue November 01, 2022

Turning F&I Into Profit Center for Equipment Dealers

Finance & insurance (F&I) are a critical source of revenue in auto and other industries. Brett Davis, president of the construction and agriculture division with Trnsact, thinks it should be a significant revenue stream for commercial trucking and equipment dealers too....

Trnsact - Tue October 25, 2022

Finding New Revenue Streams for Dealers: F&I Opportunity

While dealers are always looking to increase sales and improve customer services, they do not always look for opportunities to find new revenue streams. Brett Davis, president of the construction and agriculture division of Trnsact, thinks there is a clear missed opportunity for commercial trucking and equipment dealers looking to grow, and he would know....

Trnsact - Wed October 12, 2022

Customer Privacy: Necessity for Compliance, Good Business

While there is growing attention to new regulations for equipment and commercial trucking dealers taking effect this year, it is the existing ones that are often overlooked and place dealers at risk of non-compliance....

Trnsact - Wed October 05, 2022

Four Steps for Standing Up An Information Security Program

Commercial equipment dealerships often do not put a lot of time and effort into information security. This is because of all of the other responsibilities they have or mistakenly believing they are too small to be a target of a data breach or of regulators seeking to conduct an audit....

Trnsact - Mon September 12, 2022

Nine Regulations Dealers Need to Know

No one likes them, but they are part of life and they are not going anywhere. Regulations, whether on the federal level or the state level, can feel like a burdensome and painful ordeal for dealers, but not meeting those requirements and undergoing a compliance audit is far more painful....

Trnsact - Thu September 08, 2022

Is Your Email a Compliance, Security Risk?

Email is central to almost every element of the business process for dealers, which includes credit applications and financing. However, should it be?While email is familiar and easy to your team, it is littered with risks and poor security protections....

Trnsact - Tue September 06, 2022

DCR Technologies Rebrands as Trnsact

To better represent its growing role and expanding solutions for commercial equipment finance, DCR Technologies announced that it has changed its name to Trnsact. "As Trnsact, we are growing our commitment to provide better solutions for the industry to not just manage credit applications, but also grow their business and increase their revenue," Trnsact CEO and Co-founder, Beckham Thomas said....