Insurance
Vemark solutions accelerate the total loss claims process.
Total Loss Pro is a cloud-based solution that streamlines all facets of the complex total loss claims workflow – from FNOL to salvage disposition. Our client engagement process also includes an examination of your total loss workflow to identify opportunities for system integration, automation of manual processes and intelligent workflow management.
The end result is a customized solution that gives you the power to improve your bottom line by positively impacting LAE, cycle time, loss costs and the customer experience.
Rental, Fleet / Lease
Rental and fleet/lease managers face difficult challenges to ensure that their asset management and sale workflows are both efficient and transparent.
Too often, vehicle re-marketing is a black hole, making it difficult to improve cycle time and returns. Vemark’s Asset Remarketing Pro is a powerful cloud-based solution that streamlines and automates the workflow for do not repair (DNR), damaged, and used vehicles and equipment and provides real-time reporting insight and analytics for continuous improvement.
Rental, fleet and leasing organizations can also take advantage of Vemark’s SalvageNow auction market that offers a high quality international buyer base and independent competitive alternative to other leading auto auction markets.
Rental, fleet and leasing organizations can also take advantage of Vemark’s SalvageNow auction market that offers a high quality buyer base and independent competitive alternative to other leading auto auction markets.
Vehicle OEMs
Vemark’s solutions help OEM’s retain customers and build brand loyalty through a streamlined vehicle replacement service.
We enable OEM’s to engage earlier in the total loss process and also give customers the option to replace damaged vehicles instead of collision repair as the only choice.
The end result is an enhanced customer experience that drives brand loyalty and customer retention.
Third Party Administrators
TPAs play an important role across the insurance, vehicle re-marketing and salvage industries, but often face challenges to integrate seamlessly with vendors and customers and to scale up efficiently as demand increases.
Vemark’s cloud-based solutions are highly flexible and scalable, enabling third-party administrators to deliver superior results to their clients along with real-time reporting and analytics.
Third-party administrators can also take advantage of Vemark’s SalvageNow auction market that offers a high quality buyer base and independent competitive alternative to other leading auto auction markets.
Finance / Repo
Finance and vehicle repo operations often face difficult challenges to ensure that their asset management and sale workflows are both efficient and transparent.
Too often, vehicle re-marketing is a black hole, making it difficult to improve cycle time and returns. Vemark’s Asset Remarketing Pro is powerful cloud-based solution that streamlines and automates the workflow for repossessed and used vehicles and equipment and provides real-time reporting insight and analytics for continuous improvement.
Financial institutions, lenders and others who repossess vehicles can also take advantage of Vemark’s SalvageNow auction market that offers a high quality international buyer base and independent competitive alternative to other leading auto auction markets.
Towing / Impound
Towing companies and impound lots frequently must dispose of unclaimed vehicles, with the opportunity to earn revenue via sale, however they face challenges with managing inventory, connecting with the right buyers, tracking financial transactions, and complying with local state and municipal regulations.
Vemark’s cloud-based solutions help tow and impound companies manage the entire process from one technology interface, grow revenue, and reduce costs while providing peace of mind.
Damaged and Salvage Vehicle Buyers
Damaged and salvage vehicle buyers face challenges with vehicle information, auction fees and pick up demands. Furthermore, uncertainty of damage is a major issue. Between forklifts and theft at the physical auction, buyer confidence is negatively impacted.
At SalvageNow marketplace, Rebuilders, Recyclers, Exporters, and other damaged and salvage vehicle buyers can be sure to have complete vehicle information and access to the freshest metal directly from the repair facility. Additionally, buyers will find a high touch customer experience, a fair fee structure, and a seamless post-sale process. All resulting in a full work pipeline ready to meet market demand.