In auto finance, time is directly tied to recovery performance. Every day a vehicle remains unrecovered increases depreciation risk and brings accounts closer to charge-off. Traditional forwarding methods and manual routing introduce delays that lenders can no longer afford.
MVTRAC’s Smart Assign is designed to change that.
Smart Assign uses advanced analytics and one of the industry’s largest license plate recognition (LPR) data networks to connect your assignments with the most qualified recovery agents faster and more efficiently.
A Smarter Approach to Assignment
Smart Assign leverages over 500 million new license plate scans each month to identify recent vehicle activity across MVTRAC’s nationwide agent network.When an order is submitted through platforms like RDN, iRepo, and others, Smart Assign immediately analyzes this data to surface the most relevant and recent vehicle sightings. From there, the system identifies the best pre-approved agent based on proximity, historical performance, and assignment eligibility.
Where Automation Meets Expertise
Smart Assign combines intelligent automation with operational expertise.
Assignments are dynamically routed based on real-time scan activity and agent performance, ensuring the right agent is prioritized from the start. Before final assignment, MVTRAC’s forwarding and skip teams perform a validation step to confirm both the data and agent selection.
This approach ensures that decisions are not only fast, but also informed by real-world recovery experience.
Designed to Reduce Time-to-Recovery
Smart Assign helps lenders:
- Shorten time-to-repossession by prioritizing agents with the highest probability of success
- Reduce wasted agent effort by eliminating low-probability searches
- Improve recovery rates and avoid charge-offs
- Maintain compliant, well-vetted assignment workflows
By focusing agent efforts where they are most effective, Smart Assign removes friction from the recovery process and accelerates results.