Every check ends with evidence you can stand behind: which vehicle, where, when and who recorded it, matched against your funded book.

From request to record

The five steps

  1. You set the check

    Choose the dealer, the deadline and who does it: the dealer, your own team or a third-party auditor. Run checks on a schedule, or start one when something looks wrong. The dealer doesn’t set the timing.

  2. Your funded book sets the list

    Auditor works from your funded book, so whoever is on the lot sees exactly which vehicles to find.

  3. The lot is walked with a phone

    Each funded vehicle is recorded with a live, geo-tagged, time-stamped photo in a few seconds.

  4. Every photo is checked

    Automated checks look at each image for location, VIN, distance, time and signs of AI or editing. Anything that fails comes to your team with the reason. How validation works

  5. Exceptions come to your team

    Every VIN is matched against your funded book. Missing, sold or unexplained vehicles are flagged, and so is a check that isn’t finished on time.

What every vehicle ends up with

Dealer B · vehicle 47 of 96Validated
Live photo of a VIN plate taken during a check
  • VIN…8779 · read from photo
  • LocationOn site, by GPS
  • Captured07 Nov · 10:42
  • Checked byDealer staff
  • Automated checks6 of 6 passed
  • Funded bookMatched

Exceptions

What happens to an exception

Any funded vehicle that isn’t on the lot becomes an exception, and the dealer has to account for it.

Flagged→Dealer gives the reason→Evidence added→ClosedClosed for this cycleEscalated

The dealer records the reason

They pick it from a list, for example sold, demo or loan, at a bodyshop, in transit, at another of their sites or at auction, and add a note. Where the exception calls for it, they add evidence such as a photo of the transfer notification or the sale paperwork.

Your team can step in on any vehicle

Your rules decide whether an exception is closed, closed for this audit cycle or escalated. Your team can reject the explanation, reissue the vehicle to the dealer, or escalate it to someone else.

Every exception keeps its history

You see the pattern at a dealer, not just this month’s answer. For example: a dealer says a car is out on demo until the 14th. Your team flags it, and Auditor reissues it to the dealer for that date.

Dealer checks and physical audits

Both, in one system

Many funders combine the two, in either order. Everyone works in the same system, so every result compares like with like.

Dealer first

Dealer self-audits the whole lot→The few vehicles you want a closer look at→External auditor or regional account manager checks them on the next visit

Physical audit first

External auditor carries out the physical audit→Vehicles they couldn’t find→Reissued to the dealer to self-audit

Who walks the lot

Four ways to check a dealer

Same app, same checks, same record. The only difference is who walks the lot.

Dealer self-audit

Dealer staff walk the lot with a phone. Live capture means you can rely on it.

Your team or a third-party auditor

Using the same app and the same record.

A physical audit

Arranged through our partner network, for a new facility, a dealer you’re worried about or a dispute.

Remote checks

FunderConnect confirms most funded vehicles are on the lot without a visit. Your Auditor checks show where each dealer really keeps its stock, and those sites become the documented locations FunderConnect counts as on the lot.

Check before you fund. Audit after.

CheckVentory PreCheck checks each vehicle and its documents against your rules before it goes on funding. Auditor then confirms it’s still on the lot while it’s funded.

See a check run on your own dealers

Book a 30-minute demo with our team.

← Back to the Auditor overview