Dealers are nowadays being subjected to more and more pressure. The necessary sales figures are directly related to the presentation of the product range, which is meant to be as attractive and comprehensive as possible, at the point of sale (POS). The capital required for the inventories is normally provided via wholesale financing. As security for these loans, the financial services provider assigns the objects as collateral. While in the case of vehicles the registration certificate serves as the deed of ownership and is administered in the archive or collateral management system of the financial services provider, the portfolio of collaterals is regularly monitored by means of floor checks.
The afb Fast Integration Business Service „Advanced Floor Check Management” enables the digital recording and transfer of these floor check mandates and results.