Maxxetrac "Asset-Secure GPS"
The Asset-Cecure GPS asset management unit and web based interface provide real time asset tracking and offer multiple asset administration functions. Designed specifically for the finance industry the Asset-Secure GPS functions are tailored to provide substantial benefits to credit providers, vehicle retailers and end consumers alike.
Asset tracking devices have been integrated into the used vehicle finance industry in the U.S for some time and have had an outstanding effect on reducing both arrears accounts and vehicle repossessions rates. Data from the 2009 Facts and Statistics report collated by the National Independent Automobile Dealers Association (NIADA) showed a 63.92% reduction in late payments and a 37.24% reduction in repossessions for those dealers incorporating asset tracking devices into their subprime vehicle finance packages. Such huge reductions show that the endorsement of asset tracking devices can reduce the escalating cost of collections and repossessions which could result in a considerable increase in profit margins for credit providers.
For users it’s as simple as logging into our secure website, selecting your asset and initiating your chosen function from the options on the main menu. Our unique combination of integrated GPS hardware and asset management software solutions provide comprehensive data resources that allow our clients to actively locate assets, track at distance or time intervals, track historical movement or immobilise assets where necessary. Our software also provides speed and service alert notification, in built panic button, silent alarm capability and comes geo-fencing equipped.
Never before have credit providers, retailer and customer been able to obtain the peace of mind that Asset-Secure GPS devices now offer.