PDF Aftermarket Product Cancellation Recoveries Made Simple
AFTERMARKET PRODUCT CANCELLATION RECOVERIES MADE SIMPLE
The leader in business process outsourcing solutions
With Aftermarket Recoveries, you now have the ability to easily prepare and file product cancellations directly with product providers on behalf of dealers and consumers, while minimizing the paperwork burden for the dealership. You can now streamline your internal workflow and product cancellation compliance process with our online system. It creates a digital process between lenders, dealers, and providers, that can result in cost savings, faster refund recoveries, and greater compliance with State and Federal regulations.
The Problem We're Solving: Aftermarket Product Compliance
Approximately 8MM aftermarket products funded by auto lenders are canceled each year. Lenders rely heavily on dealers to process cancellations. However, dealers do not always prioritize processing cancellations due to the paperwork involved and financial impact to their business.
Features and Benefits:
? Faster refund recovery by reducing errors and delays
? Better compliance capability in an evolving regulatory environment
? Help improve dealer profitability by minimizing their paperwork burden and recovering refunds they might not otherwise collect
? Enhance customer experience by helping consumers obtain their refunds
? Pain-free setup with no IT work and minimal training required
? Progress tracking with complete management reporting and analysis
Consult with your Lender Solutions Specialist | 866.868.5900 | lendersolutions
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