The Reynolds and Reynolds Company, a provider of software and services to the automotive retailing industry, announced it has acquired Kodata Solutions, Inc. Based in Little Rock, Arkansas, Kodata Solutions provides data archiving solutions used by approximately 1,500 automotive retailers throughout the U.S.
Kodata Solutions supplements Reynolds' existing strengths by adding a basic data archiving solution that can be used with any dealer management system. The Kodata solution helps dealers easily archive and retrieve month- end financial information and reports. It can also help reduce storage costs and increase information security.
Reynolds will market and support the Kodata solutions as part of its portfolio of document management offerings that includes Electronic Document Management. Reynolds Electronic Document Management (EDM) is a comprehensive product that integrates with the Reynolds system to help dealerships automatically collect, store, secure, retrieve, track and maintain reports and documents. Stored or archived documents can then be printed, faxed or viewed from any workstation at any time.
According to dealership needs, the Kodata solution can be used in combination with Electronic Document Management or separately. Reynolds plans future enhancements to the solution to drive additional user benefits.
Founded in 1997, Kodata Solutions is a privately held company that offers data management, scanning, reporting and archival services to automobile dealerships throughout the U.S.
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