OCAL Financial signs exclusive AI sales deal with SalesCloser

OCAL Financial Inc. (TSXV: OCAL) has signed an exclusive agreement with SalesCloser Technologies Ltd. (TSXV: SCAI) (OTCQB: SCTLF) to deploy SalesCloser's conversational AI sales-agent technology across OCAL's vehicle-finance operations, according to a press release.

The agreement grants OCAL exclusive rights to use SalesCloser's technology within its market, combining it with OCAL's proprietary knowledge base. SalesCloser's platform deploys AI-powered virtual sales agents capable of conducting sales conversations over voice, video, and browser-based calls, handling lead qualification, product demonstrations, follow-ups, and meeting scheduling in multiple languages.

OCAL stated it already uses voice AI to reach and qualify vehicle-finance customers. The new agreement extends that capability to include video and screen-shared demonstrations handled by AI agents operating around the clock.

The two companies also plan to jointly develop technology aimed at automating the full vehicle-purchase cycle, from initial customer contact through financing, deal structuring, closing, and vehicle sourcing via the OPENLANE (NYSE: OPNL) auction network that OCAL already uses. The press release noted that end-to-end automation remains at an early stage, with no assurance the capability will be completed or deployed on any described timeline.

"This moves our AI capabilities to the next generation," said Mehdi Moghareh, Chief Executive Officer of OCAL. "We already use voice AI to reach customers. With SalesCloser, we are adding AI agents that can actually sell, over voice, video and live demonstrations, and we have secured that technology exclusively for our market."

OCAL is a virtual automotive dealership and vehicle-finance platform licensed in British Columbia and Alberta. The company sources vehicles after customer approval through the OPENLANE auction network and does not hold consumer loans or assume credit-default risk.

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