Vision Dealer Solutions, VisionMenu, Inc., and PFW announce 'Lease Payment Solver'

FORT WAYNE, Ind.—Vision Dealer Solutions, doing business as VisionMenu Inc., in collaboration with Purdue University Fort Wayne, has released a Lease Payment Solver that will essentially reverse-engineer the setups for lease calculations with any Dealer Management System (DMS).

“Four years ago, we approached Purdue Fort Wayne’s mathematics department and its Center for Applied Mathematics and Statistics [CAMS] to help us solve a problem with matching lease calculations at auto dealerships,” says Ron Martin, president of VisionMenu Inc. “At the time, we had no idea what a chronic problem it was for dealerships that needed to match their DMS payments when using a third-party application.”

It began as a research project to manually match the payment of the dealerships that used the Vision Dealer Solutions finance menu tool. After hundreds of test cases, the CAMS team discovered a pattern to the results, which launched the “Lease Payment Solver” project. The tool now allows the user to get penny-perfect payments for auto-leasing scenarios, regardless of the dealer’s management system. Martin said the company will use the tool for its proprietary purposes at first, but added they expect to share the technology with other third-party applications in the future.

Peter Dragnev, professor and chair of the Department of Mathematical Sciences, is codirector of the CAMS team that found the solution. “Working with VisionMenu Inc. on the project was quite a rewarding experience for us,” says Dragnev. Other members of CAMS team that worked on the solution include Jeff Anderson, codirector and professor of mathematics, and Dan Corian, associate professor of mathematics.

About Vision Dealer Solutions
Vision Dealer Solutions visiondealersolutions.com provides software solutions to streamline the Finance and Insurance Sales Process for Automotive, Powersports, Marine, and RV Dealers. The company’s lineup of products include VisionMenu, VisionTouch, VisionReport, vSignature, Paperless Deal Jacket, and Remote F&I.

For more information on the company, contact Ron Martin, president of VisionMenu, Inc. at [email protected].

About the Center for Applied Mathematics and Statistics
CAMS, being the applied research arm of the department, aspires to serve as an intellectual hub providing mathematics, statistics, and data science support for the metropolitan area. As manifested by the collaboration with Ron Martin and his company, as well as by other CAMS projects, the need for quantitative analytical expertise in northeast Indiana is significant. Responding to this need, Purdue University Fort Wayne has launched some new programs in actuarial science, data science, and biochemistry, with more investments to come.

For additional information about CAMS, contact Susan Alderman, at 260-481-6165 (office), 260-489-5349 (cell), or [email protected].

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