Resolvion Insights
At Resolvion, we believe that an important part of our role is to provide our clients with insights into current issues and best practices. To that end, we write articles, sponsor research, survey best practices, and host industry events. Visit this section of our site regularly for updates.
Repo Storage Capacity – Ultimately the Lenders Problem
The repo industry is facing an increasingly challenging issue: limited storage capacity for repossessed cars. While this may seem like a problem for repossession agencies alone, it ultimately affects the lenders, who need the vehicles recovered. This article delves into the root causes of this issue, the economic impact on repossession agents, and how repossession…
Press Release – Resolvion Partners with AKUVO
Resolvion partners with AKUVO Platform Charlotte, NC , November 6, 2023 – Resolvion, an industry leader in national repossession management, skip tracing, remarketing, license plate recognition, heavy equipment and specialty recovery, announced today a partnership with AKUVO and its Collections & Portfolio Analytics platform, Aperture. As an integrated repossession service provider, the partnership will provide…
Better Data, Better Results: Using More Precise Data to Increase Repossession Efficiency
In modern business, AI and big data have become increasingly prevalent. And for the most part, this data has proven to be invaluable when it comes to decision-making and process improvements. This could not be more accurate in the world of automotive repossessions. As a repossession management company, Resolvion is able to use this data…
Vendor Scorecarding Techniques to Improve Collateral Recovery Results
From our position as a national repossession management firm in the industry, we have been exposed to virtually every type of vendor scorecard model in use. Some of these models focus solely on recovery performance, while there are some that focus deeply and more diligently on regulatory/SOW compliance. Regardless of the depth of the scorecard…
4 Metrics That Will Make Your Scorecards More Effective
As a leading national repossession management company, we are exposed to a variety of vendor scorecard models. Each model consists of different metrics from recovery performance to regulatory/SOW compliance. Vendor scorecarding is an essential tool for the auto repossession and collateral recovery industry. Here are four metrics that will make your repossession vendor scorecards more…
5 Ways to Improve Impound Recovery
Impound management and repossession is often a challenging task. The impound management process is tedious and many times is a multi-step and multi-platform procedure that requires specialized expertise to handle effectively. To make matters worse, impound yard operators are difficult to deal with. There are many issues involved when it comes to recovering an impounded…
Optimizing Repossession Results Utilizing AI and Big Data
The characters in “The Wizard of Oz” ultimately learn that the items they had been seeking — courage, a heart, and a brain — were with them all along. They just needed to look inside themselves and realize the situations they had faced helped reveal those characteristics they thought they did not have. As Glinda…