Financial services providers, vendors, manufacturers, importers as well as car rental companies are interested in selling used vehicles quickly and easily to resellers, in order to release unnecessarily tied-up capital. The objectives are transparency, revenue growth, process reliability, flexible selection of sales channel and ease of operation. Only with a fully digitised solution can vehicles (leasing returns, inventories of insolvent customers or submitters, etc.) be quickly and successfully returned to the marketing process after the (regular) expiry of the contract.
The Remarketing module group of the afb Credit Management Solution (afb-CMS) offers extensive functionalities in this area. This includes processing of the preliminary contract or the still existing contract (securing and immobilising vehicles) as well as processes concerning transport and logistics (e.g. storage and vehicle cleaning), assessment, pricing and subsequent distribution via the afb Motor Vehicle market or other online exchanges and auctions. The planning, execution, and logging of orders by the providers involved is carried out via interfaces or dedicated accesses. This enables a continuous process overview including monitoring of the agreed Service Level Agreements (SLAs). As a result, afb-CMS covers the processes of remarketing as well as the adjoining processes of contract expiry and receivables management in a fully integrated solution.