CheckVentory Audit for Funders

Giving you the intelligence to drive results

Do you have a full picture of how your dealership customers are performing?

If you can’t answer a definitive ‘yes’ to this question it probably means that you’re missing some vital information.

CheckVentory-Audit is the solution for monitoring dealer finance portfolios, identifying those dealer groups that provide the greatest opportunities for growth and highlighting potential risk issues.

Here’s what funders tell us they need to know to make better credit decisions

  • Precise location of their funded assets at any given time
  • Accurate data on the extent and value of their dealers’ finance portfolios
  • Rapid notification of changes in dealers’ risk profiles or their overall financial well-being

But there are issues in collecting this critical information

Manual audits are time consuming, often requiring highly qualified staff to travel long distances to carry them out. Plus, the lengthy gaps that occur between audits mean that data is out-of-date and inconsistent.

This impacts the funder’s ability to accurately track stock and monitor dealer finance risk. It also increases the potential for undiscovered fraud and poor dealer management practices.

You need confidence in identifying well-run, profitable dealer groups and the business intelligence to avoid making costly lending decisions.

Dealership Performance Improvement
CheckVentory Collage

Reasons to choose CheckVentory Audit

  • We understand the challenges faced by funders and dealer groups and promote a collaborative partnership between them.
  • Our software solution provides a continual overview of each dealer’s portfolio and credit risk, not just an audit-point snapshot. This frequent, light-touch approach is preferred by dealer groups and also rapidly highlights any emerging issues.
  • In the field, our mobile app provides a simple user interface that vastly reduces the time taken to monitor stock compared to a manual process. Any member of staff can be quickly trained to carry out the work.

Ready to find out more?

Book a 30 minute demo to take a look at how CheckVentory Audit can help your organisation

Ask the people who already use CheckVentory Audit

"CheckVentory is without a doubt the best tool we have ever used for identifying risks in our credit process. It strips everything down to the fundamentals, without getting them right, you are just chasing your tail"

CRO, Wholesale Lender

“We assessed every solution we could find, CheckVentory came out way ahead of everyone else"

Wholesale Credit Controller, Global Manufacturer

“CheckVentory’s digital auditing platform has improved our auditing efficiency by over 60% and enabled our team to focus on more value-add aspects of dealer engagement”

Head of Wholesale Funding, Automotive Finance Company

Change isn’t always easy ... but with CheckVentory Audit we do the heavy lifting

 

Moving from a manual audit regime to a data-driven, continual monitoring process might sound daunting - our on-boarding experts make it child’s-play.

They will:

  • Gain a full understanding of your business requirements, including existing systems that you’d like to integrate for cross-checking and reconciliation
  • Develop a bespoke on-boarding programme, including the set-up of all data feeds and configuration to match your business processes
  • Provide full support and training throughout the implementation and beyond

Our innovation has been recognised with multiple awards

Audit excellence guarantee

We won’t rest until you’re 100% delighted with CheckVentory Audit and the added-value it can deliver to your business.

 

That’s why we provide a dedicated Customer Success Manager to guide and support you through the entire process.

customer success manager to support CheckVentory customers

Don’t waste any more time and effort on manual audits

Contact us today to take the first step towards more powerful data, reduced risk and better business decision-making.

Book a 30 minute demo to take a look at how CheckVentory Audit can help your organisation.

Request Your 30 Minute Demo

Simply fill in the details below and we'll be in touch to arrange an online demo to give you an overview of CheckVentory Audit.