Executive Summary:
Manages the vehicle from grounding to disposition
User-defined workflow
Online status available in summary and detail for every vehicle
Loss Mitigation Inventory Management System
Fiserv Lending Solutions software provides complete control of inventory and
auction activity, making sure you know where your cars are.
Loss Mitigation Inventory Management System In-depth
When disposing of grounded cars—repossessions, or scheduled terms of balloon
notes and leases—time is money.
Your portfolio management system remains an important partner at this point:
once a car is grounded due to repossession or a scheduled term of a lease or
balloon note, the system takes over.
With the Inventory Management System, you have complete control of your
inventory and the auction activity at all times.
Online status is available in summary and detail showing grounded, in-transit,
sale prep, and sold status.
Vehicles not sold can be re-assigned a new sale date or transferred to another
location.
All vehicles are monitored and tracked by the system until sold.
KnowledgeBank
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