ATLANTA – Auto Auction Services Corp. (AASC) has launched LiveRepos.com, a service aimed at the credit union market. According to AASC, the Internet-based repossession management system automates resource-intensive processes while providing credit unions with inventory visibility and agent accountability. The net results are lower repossession expenses and reduced days to sell, said ASSC. It touts the following benefits: * Make assignments and receive agent acknowledgements online. * Gain on-demand inventory visibility. Powerful reporting tool quickly lists records with status updates, new agent notes or additional charges. * Manage agent documents electronically. Upload digital images of licenses, bonds, insurance certificates and more. * Automate document expiration notices. LiveRepos e-mails the agent and credit union notice of upcoming expiration dates and the necessary action. * Objectively evaluate agent performance. Preformatted reports quickly measure metrics such as time to accept assignments, charges and more. * Flow repossessed vehicles straight to auction.
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