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RISK MANAGEMENT SYSTEM

Designed specifically for wholesale lenders, DataScan's Risk Management System (RMS) offers financial institutions technology to manage floorplan risk and improve efficiency.

RMS helps lenders identify potentially risky situations before a loss occurs by capturing relevant data and highlighting risk factors on a variety of review screens and reports. RMS improves efficiency by automating the reconciliation and reporting processes.
BENEFITS
 
Inventory Verification Review and Reconciliation
  Easy to use screens for clearing exceptions and closing inventory verifications
  Automatic calculations of payment violations for sold units
  Real-time integration with DataScan's Wholesale Management System (WMS)
E-mail Notification System (ENS)
  Analyzes inventory verification information and sends exception notifications via e-mail to risk managers
  Numerous customizable inventory verification exception criteria, including inventory verification completion date, payment violations, and number of days an inventory verification remains open
   
Reporting
  Robust query engine allows historical trending and customized analysis
  Improved timeliness of reporting resulting in better decisions
Portable Inventory Verification Device (PAD)
  State-of-the-art, handheld computer to record inventory verification information and print reports
  Electronic data exchange with Risk Management System
  Electronic reconciliation features
  On-site field reporting
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