04/20/2018 – PHOENIX and EL DORADO HILLS, Ca. – MBSi Corp., leading provider of repossession assignment software and vendor compliance solutions, and American Recovery Service (ARS), the original national repossession services firm, announced today they are expanding their partnership and ARS will soon begin outsourcing repossession assignments through MBSi’s repossession assignment platform, Recovery Connect. The first phase will involve assignments from our largest client, with future phases including other MBSi clients and potentially other ARS clients as well.
This outsourcing change allows ARS, who currently utilizes Compliance Made Easy, MBSi’s compliance and training management platform, to more effectively manage repossession compliance down to the individual assignment level. “We are proud to continuously exceed industry compliance standards,” said Dave Copeland, chief operations officer at ARS. “Outsourcing through MBSi’s Recovery Connect platform, enables ARS to provide the recovery agent with real-time account status checks, geo-updates and instant ‘on-hook’ reporting of recoveries.”
“ARS has long been an innovative leader in the recovery industry and we are proud that they have chosen to expand their partnership with MBSi. It is validation that MBSi’s focus on solutions that improve the efficiency and compliance during the recovery process is taking hold,” said Cort DeHart, president at MBSi.
ARS and MBSi have already began the integration effort necessary to put this announcement into practice and expect to begin by migrating assignments to Recovery Connect by early summer with further MBSi clients being completed by the fall. Currently, more than 2,000 recovery companies utilize MBSi’s platforms, including Recovery Connect, to manage and process repossession assignments. All of these agents have access to MBSi’s Recovery Connect mobile app and will soon be able to receive ARS assignments, check statuses and transmit Smart Updates with a single button. Additionally, as Recovery Connect is integrated with both Clearplan and RepoRoute, the agent’s assignments can seamlessly transfer to their routing solution of choice.
About ARS
ARS is a leader in the national repossession industry through technology and compliance oriented business processes which deliver top-tier results for the nation’s leading auto lenders including the largest banks, captive finance companies, portfolio managers, and credit unions. To find out more visit us online at https://www.americanrecoveryservice.com.
About MBSi Corp.
MBSi Corp. provides lenders with an easy-to-use, stable solution for repossession assignment distribution and management. We bring together broad industry experience and in-depth technical skills regarding complex data synchronization, industry domain expertise and e-commerce solutions to increase efficiency, productivity and improve the bottom-line. For more information, visit mbsicorp.com.
