VINtekTIME starts when funds are advanced for an
automotive purchase. The system immediately begins tracking your loan or
lease title-processing activities. Funding information is transported
automatically to or from your loan-tracking system, so there's no additional
data entry ......and no chance to introduce errors.
When you receive a paper title, the loan record for the
title is displayed on the screen, allowing you to instantly verify the title,
owner, and vehicle information. Errors are flagged on the screen for
follow-up. Title Brand information, mileage, even Plate Number can be
tracked. Management reports give your title supervisor a tool to track
progress.
Electronic Lien and Title (ELT)
ELT is lien notification without
paper.......the automated exchange of auto lien/title information between state
motor vehicle agencies and lien holders. With ELT, you receive an
electronic message, not a paper title, to document lien recording. When
the loan is paid off, an electronic message to the motor vehicle agency releases
the lien. The agency then prints a paper title and sends it to the vehicle
owner, or a recipient you designate, such as a dealer or an insurer.
ELT......the VINtek Way
VINtekTIME includes VINtek's Advanced ELT, the system
that's making "a world of difference" for state motor vehicle agencies
and automotive lenders nationwide.
When you implement ELT the VINtek way, you're ready the
minute your state's ready. And here's a real plus: There's no extra
cost to set up ELT, because.....with VINtekTIME.....you already are.
VINtek handles the connection to the state, so you'll
begin receiving electronic lien notifications and automatically matching them to
your loan records from day one. No more data entry for paper titles; no
more paper titles, period.
And if you're doing business with motor vehicle
agencies in different states.......with different file formats or record
requirements......you're still
ready.
Managing your automotive portfolio
VINtekTIME gives you access to an array of powerful
portfolio management options that help you protect your assets and get the most
out of them.
Knowing where your assets are........
VINtek's advanced title tracking service tracks
missing vehicles and identifies duplicate financing. You'll know
immediately if any vehicle in your portfolio is sitting in an impound lot
running up storage fees or on a shipping dock scheduled for overseas
shipment. VINtek's patented COLLATERALtrakTM audits your dealer
loans every night, so your staff stays on top of dealer float, without a
physical audit.
.......and what they're worth
You can get access to VINtek's AUTOvalTM vehicle
valuation program, and Black Book used vehicle values so you always know what
your assets are really
worth.
With AUTOval, accurate valuation of used vehicles is a
breeze.
Get an accurate loan-to-value figure on any vehicle.
Price your vehicles to sell at auction, or know when
to hold back.......better manage your collection activities
Key Benefits
With VINtekTIME:
software keeps track of work in progress....paper
is filed away where it can be found when needed
staff use management reports to monitor activities
supervisors get time to supervise
It's time to automate your automotive title
department.
With the VINtek Title Information
Management Express (VINtekTIME), eliminating stacks of paper is just the
beginning. Look at these powerful features
Immediate, on-screen access to loan
and title records
Management reports to organize work
and track progress
Automatic Vehicle Identification
Number (VIN) validation and decipherment
Electronic Lien and Title (ELT)
All this means more time. Time
for your staff to work on productive tasks.......not on the "paper
chase"
It's VINtekTIME for paper titles and ELT
VINtekTIME manages both paper title
information and Electronic Lien and Title (ELT) notifications from a
single system. Your title tracking is electronic, not paper.
Want reports? VINtekTIME gives
you these important tools:
Title Control Report........a
snapshot summary of what's in, what's not, and what's wrong
Titles pending (not received)
Unknown titles (notifications or
titles that don't match a loan record)
Perfected Titles (matched lien
notifications)
Plus!, custom reports you can design to
fit your operation to a tee.
