Handing off your recovery operation can be stressful. After all it’s your revenue that is on the line.
At MVTRAC, we’ve made it our life’s work to develop leading technology and provide unique expertise that connects you with the largest, most highly qualified network of agents dedicated to helping you avoid charge-offs and protect the bottom line.
Smarter, more efficient assignment One of our most exciting innovations to make sure that your orders are connected with the right agent to shorten time-to-repossession is Smart Assign. Using historical scan data and advanced analytics, Smart Assign identifies the most qualified, pre-approved agent for your direct assignment orders, ensuring vehicles are found and recovered faster. This helps you avoid more charge-offs and recoup more revenue, and focuses agent time and effort most efficiently so they don’t waste time looking for a needle in the haystack.
Lender submits an order for direct assignment
With seamless integration into assignment platforms like RDN, iRepo and others, you can seamlessly submit orders for direct assignment.
We analyze data from across our agent network
When the order comes into our system, our proprietary algorithms instantly scour billions of detections from across our agent network to identify recent hits.
The best, pre-approved agent is identified for recovery
With further analysis of recent scan activity and cross-checks for assignment approval, the best agent for the job is selected for the assignment.
A human touch validates the data and agent selection
Because the data doesn’t always tell us everything, our expert forwarding and skip teams do a final validation of the data and selected agent prior to assignment.
The agent is sent the location and pickup details
Upon final approval from our teams, the selected agent is sent the location details for the best chance of quick, easy recovery.
There is so much at stake in the recovery process. It’s a race against the clock to avoid a charge-off. Every minute searching for a vehicle is a dollar lost. MVTRAC is a full-service recovery operation with the sole purpose of taking the stress off of you and your team. Our technology and services, built and run by people who live recovery day in and day out, connect lenders and repossession agents to facilitate quicker and more compliant recoveries. And with transparency at our core, we provide unprecedented performance insights so that you can see for yourself that this is recovery done right.
To learn more about Smart Assign and our services, contact us!
281-205-8253 sales@MVTrac.com
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