Best of Both the Lender and Agent
features– You will have access to all of the recovery agent features as well
as the RALF feature of the lenders. We will never “require” your repossession
vendors to “pay” for our service. This is why we created “Plan X”. “Plan X” is
for your repossession vendors to accept and update accounts assigned to them by
you within RepoSystems. (see our next topic “Free Agent Profile”)
Free Agent Profile (“Plan X”) –
Although our business model is to receive subscriptions for our service from
recovery agents/forwarders and lenders alike, we understand that lenders who
choose our service, may not want to mandate their repossession vendors use
RepoSystems “subscription/pay for” full-service. Therefore, we designed “Plan
X”, where an agent/forwarder can have a “Profile” on RepoSystems to accept
orders, update orders and create condition reports, for an account created and
assigned by you...free of charge.
At any point, your repossession vendors
can upgrade to our economical “subscription/pay for” full service. This will
allow them to manage their business more effectively and efficiently, while
continuing to provide valuable service to you…their client.
Bulk
Uploads – For those of you who process large numbers of repossessions, we
have created a Bulk Upload utility to import accounts into your RepoSystems
profile. You can then process those updates on a regular basis, saving you
considerable amounts of time.
RALF – An acronym for “Recovery
Agent Locator Finder”. It sounds a bit funny, but it is exactly what it states.
Each recovery agent profile offers the option to enter the zip codes that they
want to service. Each time you enter a repossession order through our system,
you can click the “RAL” button to find the agent nearest the debtors address.
You can then make the assignment to them, and they can begin processing the
account for you.
Camera Based License Plate
Recognition Program – We have partnered with a premier
ALPR provider (Automatic License Plate Reader) and will
are offering a state-of-the-art License Plate Recognition Program (LPRP). Our
technology provides a 90% plus accuracy rate reading and deciphering license
plates. This is 30-40% greater than most competitors.
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