Forwarders

Complete Solution for Forwarding & Skip Tracing Companies

We understand forwarding company clients work under the constant pressure of managing their repossession agents and proactively updating financial institutions. At MBSi, our extensive experience in the repossession industry serving forwarders, agents and lenders alike means we understand the daily demands you face.

Our team has built a software solution to make your work easier and reduce inefficiencies while maintaining the highest standards in security and compliance. Behind this robust platform, our sales and service teams will ensure you have the support you need for the life of your MBSi partnership. 

We are currently in the process of launching our new platform and migrating our current clients from iRepo and Compliance Made Easy to the new RecoveryConnect and VendorConnect for assignment and compliance management.

Recovery Connect Graphic

Solutions for Auto Finance Companies

At all stages of the recovery cycle, lenders make decisions that balance the goals of reducing risk and maximizing financial gain. MBSi leverages integrations with industry-leading partners, and years of experience to deliver comprehensive solutions that strike that delicate balance.

Working with the largest names in auto finance as well as local credit unions, we understand every institution has unique needs and processes. Therefore, our teams will help determine the custom solution that will best suit the organization, and our support team will provide individualized customer service to ensure they are getting the most out of the solutions.

Recovery Connect and RCM
VendorConnect

Recovery Strategy

Mitigate risk and improve recovery outcomes by implementing industry standard compliance with state-of-art technology. MBSi’s tools allow vendor managers to measure existing recover strategies and run champion/challenger tests to new ideas quickly to boost performance within a compliant ecosystem

Business Insights Tool 

Insights at your fingertips

MBSiQ is a business analytics tool designed to help you pinpoint best practices and identify gaps within your asset recovery and case management workflow.

 

  • Custom charting 
  • Analyze data and measure metrics and KPIs
  • Evaluate successful asset recovery work distribution business practices
  • Identify areas of improvement in current assignment strategy to build better efficiencies

MBSiQ allows you to analyze your repossession data with cohesive analytics, connecting different data points rather than analyzing separate components.

Implement an LPR Strategy

Accelerate time to recovery by implementing a License Plate Recognition (LPR) strategy. LPR cameras detect and capture publicly visible license plates throughout the country.

The fully-automated LPR assignment management solution

MBSi’s LPRkloud™ offers a simple, scalable plate recognition solution. LPRkloud™ allows you to take advantage of the power of automating LPR assignment placement and management.

  • Automate creation and management of repossession assignments saving time and money
  • Hosts LPR cases and data with secure updates
  • Assignment status is updated in real-time (e.g. asset located and recovered with one vendor, closing all related assignments with other vendors)
  • Removes the need to manually manage and monitor your LPR assignments

Our integrations ensure agents receive historical hits and purchased hits.

How it works:

  • Each historical plate scan will display within RecoveryConnect for your agency to validate
  • Any validated plate scan will be added to your case and displayed on your map in RCM
  • Any purchased hits you have access to will be added to your case and will display on your map

Recovery Lifecycle

MBSi Corp

In the recovery lifecycle, lenders send out recovery cases using MBSi software. From there, the case is received and accepted by the recovery vendor who runs the case to locate the vehicle. Through the location and recovery process, lenders are updated in real-time.  From the time a case is assigned to a vendor, to recovery and remarking, MBSi’s platform provides full visibility to the case status, location of the asset and compliance status of the individuals accessing customer data.

The RecoveryConnect case management solution is complimented by MBSi’s compliance management system, VendorConnect. MBSi exclusively partners with RISC (Recovery Industry Services Company) who provides CARS continuing education and certificaion, onsite vendor inspections and vendor vetting solutions to lenders, forwarders and recovery agents. The compliance visibility secures lenders by adding a layer of protection throughout the recovery process.

Remarketing Strategy

Where is the asset? What is the asset’s condition? Is there more value in sending the asset to auction or to salvage? With MBSi, you stay connected to your assets so you can make informed decisions about nest steps and get the highest value for the asset while maintaining a positive relationship with your recovery vendors.

Road

Know the location.

Schedule transports with ease due to known locations of all assets stored in secured lots

Know the condition.

Understanding the condition can help decisions downstream that impact the asset value

Smart decisions.

You create the rules and MBSi’s rules engine will handle the rest by ensuring you maximize asset value

Auction, salvage, online, whole car.

By incorporating your business rules, vehicle condition and auction data, systematically make the best remarketing decisions to maximize vehicle sale values.

 

VEHICLE LOCATION & CONDITION + RULES ENGINE = IMPROVED RETURNS

If you would like to learn more or would like a demonstration of our platform, click on the button below to hear from a member of our team

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