The best Inventory Control Solution
CheckVentory uses highly innovative mobile technology to enable audits to be assigned, managed and reconciled on one platform, quickly, easily and accurately. It enables customers to utilise existing resources in each of the locations, vastly reducing the cost and time of conducting audits.
No Proprietary Equipment
Securely Cloud Based
More Control = Less Risk
Field Auditing can be needlessly complicated and costly.
That's why we've created a better solution.
Banks that support their customers with mobile asset backed Inventory Finance expose themselves to numerous risks throughout the distribution process.
This financing risk peaks during the stocking and sales processes when the funded inventory is dispersed across a wide dealer network.
To reduce risk, teams of external auditors are regularly dispatched to all stock locations to conduct an inventory audit and reconcile all assets back to the balance sheet. Frequently auditors rely on paper based listings, resulting in needless complications, errors and difficult reconciliation.
CheckVentory lets you take control of your inventory and manage it all from a single, cloud-based platform. With a user-friendly interface and the ability to utilise existing resources, audits are not only accurate but simple, fast, and streamlined.
By conducting in-depth vehicle stock audits our experts help keep you abreast of the funding status of stock, reducing the risk of vehicles being sold out of trust – and ultimately protecting credit status.
Our team of experts have developed our technology to finally resolve the challenges of auditing ever changing inventories in the field. Our user centric solution compares a dealership’s current inventory with information about vehicles sold, collecting asset specific data. Our platform and pricing plans are flexible enough to be shaped to meet your specific requirements and can be one-off operations or longer-term, periodic inspections that help you identify trends and mitigate risk.
Whatever processes we instigate, the outcome will be a digital report that can be instantly disseminated to key personnel – within dealerships and their financial providers – who have been identified in the planning stage.
Our stock audits ensure that trust is maintained between loan providers and their clients, providing accurate and transparent information on inventory status.