FunderConnect turns connected-car data into a simple daily answer for every funded vehicle: is it where it should be?
From data to decision
The five steps
Your floorplan data sets the context
For each funded vehicle we know the VIN, the dealer, the funding product and whether it’s new, used or a demo.
Connected-car data gives the heartbeat
Once a day, by default, FunderConnect checks whether each vehicle is active, whether it has moved and whether it’s on the lot or off it.
Matched to the dealer’s documented locations
Each vehicle is compared with the dealership and its documented locations, such as compound yards, logistics parks and bodyshops. All of them count as on the lot. Auditor checks help build that list: where a dealer’s funded vehicles are actually found shows which sites it really uses.
Your rules decide what’s an exception
The same location can mean different things for a demo and a brand-new car. Your rules apply the right logic for each vehicle type and product.
Exceptions go to the dealer
Flagged vehicles are sent to the dealer automatically through CheckVentory, before any physical audit. The dealer checks the vehicle or explains it with evidence.
Why context matters
An off-lot signal on its own is noise
A car off the lot might be on a test drive, at a bodyshop or sold. Comparing it with your floorplan data is what turns that signal into a decision, so your team isn’t chasing cars that are exactly where they should be.
of funded vehicles report in at least once in any rolling 30-day period
Live with our first customer, a major lender. Coverage varies by make and by new or used stock, so we estimate yours from your book.
Examples
Rules that understand the vehicle
Demo off the lot
Expected. Your data says it’s a demo. It’s flagged only if it hasn’t been back on the lot within the period your rules set.
Brand-new car in active use
Flagged straight away. It isn’t registered as a demo, so it’s most likely sold.
Not reporting
Read against your Auditor checks. Silent but counted on the lot usually means it’s parked in storage. Silent and not found at a check is escalated straight away.
Off the lot
Flagged when it has been away from the dealership and its documented locations for longer than your rules allow. The dealer explains.
After the flag
What happens to an exception
Every exception keeps its history in CheckVentory, alongside your audit results. How Auditor handles exceptions
See it run on your own book
Book a 30-minute demo with our team.