The Audit App, always branded in the corporate style of the customer, will provide the perfect set of tools to help finance and leasing companies to be more in control and act pro-actively. Dealers themselves will be the ones performing the assigned inspections for the audits, being assigned to them. The inspection data will be first checked by our solution, recognizing possible “red flags” or “underperforming dealers” and afterwards by yourself, all presented to you in clear dashboards. Currently, our solutions are being used by leasing and finance companies, dealers, manufacturers and external audit agents.
With the App of Intrador, the inspection will be performed by the lessee based on your requirements, consisting of specific (mandatory) questions and images/videos about general state, parts or accessories. This way you'll always have insights in the actual state of an asset which you can act on pro-actively.
Together with our current customers we designed the Audit App working optimal for performing floor plan checks and audits on inventory. Wherever your inventory is in the world, the Audit App verifies the location of the assets, shows the condition of your assets, all being backed with smart features to prevent fraud and reduce costs and risks.
Another application of how our Inspection App could be used is for End of Lease (EOL) inspections. Most manufacturers or leasing companies require you to schedule an end of lease inspection "x" months before you turn in your leased asset. The purpose of this inspection is to make sure that the vehicle is in good condition before it is returned and to let you know what (if any) lease end penalties will be applicable. Currently, most manufacturers or leasing companies will reach out to you third-party inspectors to come to inspect the asset.
Our smart features using Machine Learning (ML) and Artificial Intelligence (AI) we’re reducing the risk on fraud by detecting and verifying the expected location of where the inspection should be performed and comparing this with the actual location the asset is inspected. As well, when somebody takes a photo from a screen or a monitor, our solution is detecting this as a potential risk and flags this in the dashboards for you, all to try to prevent and reduce fraud/risk to a minimum.
One of our customers, a global leasing company, executes many inventory audits world-wide to check their assets. These assets are collateral for the dealer's inventory finance of our customer. But assets can only be seen as collateral, as the assets are present and if the condition of the asset are as expected. In the past, our customer hired many external audit agents to visit the dealer yards on a regular basis, not always appreciated by the dealer, bad timing, unpleasant behaviour by auditors (often students) and of course high costs.
Manage all from 1 solution, streamline and digitize your processes and act pro-actively on potential risk, fraud or revenue loss. In the past, our customers hired several external audit agencies performing checks, using different solutions with high costs. With our Inspection Solutions all can be managed from 1 solution, get the right dashboards, feedback and be more in control.
With the Inspection App, anybody could be your inspector. When you want to verify a piece of equipment or for when advertising it, simply assign the inspection. Or, when you want to buy a pre-owned asset on the otherside of the world, you can have it inspected by the seller to ensure your purchase, in more than 15+ different languages.
Intrador works hard on continuous development of our SaaS solutions. It's important for us to keep challenging ourselves, staying ahead of our competition and be on top of everything. With going to the extra mile and developing smart(er) solutions every time we keep try to amaze our customers.