Nothing impacts repossession results more than setting up effective competition between your vendors using well-constructed vendor scorecards. The score card techniques used by major vendors have evolved significantly over the past few years, incorporating both recovery and compliance performance. This webinar recording will review several different approaches used by leading lenders and will provide insights into the advantages and disadvantages of various approaches.
Here’s What You’ll Learn:
- Important performance metrics used by some of the top auto finance lenders. We’ll show you actual score card examples.
- Critical compliance metrics to add to your vendor score cards. We’ll teach you various methodologies in SOW and regulatory metrics.
- A score card best practice model for vendor performance management. We’ll share with you the different components to a score card that gets results.