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 report, vendor scorecarding is an essential analytical tool for the modern vehicle repossession and recovery industry that is not only a scoreboard, but a compass that guides recovery departments to more successful results.
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