Floorplan Audit
Dealer inventory reconciled every day, so sold-out-of-trust units surface in days, not at the next audit.
Why it matters
Floorplan lenders learn of units sold out of trust at the next lot audit; by then the proceeds are spent and the loss is set.
How the solution handles it
Agents reconcile each floored VIN to the dealer’s inventory, sales and payoffs every day, check audit photos and VIN scans, and score sold-and-unpaid units for out-of-trust risk. The floorplan risk manager decides on audits and action.
How a floored unit moves
Five agents reconcile inventory, match payoffs, check audit photos, score out-of-trust risk and report exceptions; a floorplan risk manager decides.
What it reads, and what it hands back.
What goes in
- Floorplan ledger and advances
- Dealer DMS inventory and sales
- Payoff and curtailment records
- Lot audit photos and VIN scans
- Title and MSO records
What comes out
- Daily reconciliation by dealer
- Sold-and-unpaid and SOT alerts
- Audit exception report
- Dealer risk watchlist
Who uses it
The difference, in numbers.
Every figure is labelled: a target the solution is built to, an estimate, a typical published result, or a proven one.
“Target” = design goal, measured in the live solution · “Estimated” = our estimate · today = units found at the next lot audit · agents = the live solution’s configuration
5 specialist agents. One person decides.
More in this division.
Every deal jacket checked against the approval and stips the day it arrives, so clean deals fund sooner.
Stip VerificationProof of income, residence and insurance checked against the application, with fakes flagged before funding.
Two-Wheeler & CV LoansTwo-wheeler and CV files checked from KYC to hypothecation on the RC, ready for a decision in minutes.
Build this
for your team.
We’ll show Floorplan Audit running on your own documents.