VTS understands the implication of the client-supplier relationship and their obligation to eliminating liability, and as such has developed a compliance management system enabling automotive lenders and their service providers to reach the highest level of compliance.
Our two signature products, VTS Professional and VTS Basic now give you choices. VTS Professional includes service providers that have been fully vetted and are currently being monitored by VTS. VTS Basic allows service providers full access to all VTS modules and provides lending institutions with the ability to conduct their own due diligence and their own monitoring on one platform.
Vendor Transparency Solutions, LLC, conducts detailed screening of both potential and current suppliers to provide insight into their background, integrity, financial and compliance standing. The VTS web based platform is designed to comprehensively screen suppliers through our network of contracted nationwide on-site office/lot compliance inspection companies.
The VTS Leadership Team is backed by over 50 years of experience in the Asset Recovery, Investigations and Risk Management industries. Our leadership team has also accumulated many years of experience in the development and implementation of web-based business solutions that have become standard in the asset recovery industry. Unlike other vendor screening companies, VTS is industry specific and designed to streamline the vetting process, giving financial institutions the security of an in-depth look at their service providers.
VTS will help you prevent problems that could have a negative impact on your organization’s revenues, reputation, your customers safety and your company’s ability to remain compliant.
VTS also provides you with a powerful web-based dashboard that allows you to view the results and comprehensive profiles of each and every contracted supplier in your network. You will know which service providers in your network are fully compliant while also viewing those that have not submitted pertinent documents and those that are red-flagged and need your attention. You will not only see results of office, lot, and compliance inspections together with supporting photos, but your customized dashboard will also provide you with detailed search features and the ability to view and print all company required documents.