Wednesday, Aug. 09, 2017, 01:40 PM UPDATED 1:50 PMBy SubPrime Auto Finance News Staff
FORT WORTH, Texas -
Digital Recognition Network (DRN) hosted its annual affiliate appreciation event during last month’s North American Repo Summit (NARS) to honor DRN providers and affiliates. The event included an awards ceremony where DRN recognized companies that have demonstrated excellence and shown leadership in the repossession industry.
The winners included providers American Recovery Service (ARS) and ALS Resolvion, as well as affiliates Connect One, International Recovery Systems, Professional Auto Recovery, Relentless Recovery, Specialized Towing and Recovery and Source One.
“We are proud to partner with some of the hardest working leaders in the repossession industry,” said Andy Cameron, vice president of data recovery at DRN. “These providers and affiliates are constantly working and innovating to ensure that their lenders receive the best results. These companies help to set the standard for the industry and these awards recognize their contributions.”
American Recovery Service (ARS) was named the Provider of the Year due to the company’s high number of total repossession assignments and successful repossessions. ARS saw a high network effective rate and monthly inputs for the year, adding to their value as a forwarder.
Since 2009, the relationship between DRN and ARS has resulted in nearly 250,000 vehicle recoveries, returning billions in asset value for auto finance customers.
Provider ALS Resolvion (ALS) received the Hard Charger award, which is presented to the companies who has exhibited high growth in the past year. In this year alone, ALS experienced a high growth rate of approximately 67 percent in assignments, inputs and repossessions.
“We are appreciative of DRN for the recognition and award. It’s a testament to our commitment to providing our clients the premier live LPR service in the marketplace,” ALS Resolvion president Jose Mendiola said.
“DRN’s data is second to none. When combined with ALSR’s state of the art system and 24/7 service center, our clients can expect superior results,” Mendiola continued.
DRN also celebrated and honored repossession affiliates at the event, presenting Connect One, Professional Auto Recovery and Specialized Towing and Recovery with the Top Gun Award, which recognizes affiliates that have shown excellence throughout the past year. All three companies are national leaders in the repossession industry, and have had a positive impact in the markets they serve.
Additional affiliates honored included Relentless Recovery, International Recovery Systems and Source One.
Relentless Recovery was awarded with the Big Picture Award. This past year, the company successfully implemented new technology and best practices to aid in their recovery process, helping them become leaders in its market.
The Up and to the Right Award was presented to International Recovery Systems, who continues to be a leader in their market through their upward business trajectory.
Source One was recognized with the Hottest Out of the Gate award, presented to a new affiliate that shows remarkable growth and market impact.
“We are pleased to recognize our affiliates for their hard work and commitment to DRN and to the industry,” Cameron said. “They have all provided exceptional service and consistently demonstrate leadership in serving the repossession industry.”