Wolters Kluwer’s Digital Transformation Index shows econtracting adoption increased by just over 7% from the prior quarter and is up by more than 116% over the past four years. +

Wolters Kluwer reports the rate at which dealers and auto finance sources are adopting digitized contracting and documentation workflows improved by 1% from the prior quarter and 2.2% year-over-year. +

Analysts say econtracting adoption has slowed for consecutive quarters but improved dramatically compared with the fourth quarter of 2023. +

Wolters Kluwer’s Q3 Auto Finance Digital Transformation Index shows econtracting adoption slowed in the third quarter but continues to advance in year-over-year and four-year trends. +