On Wednesday, Alliance Inspection Management (AiM) announced that it released AiM Verify, a newly developed proprietary wholesale floor plan system that provides lenders custom vehicle inventory audits for their dealership networks throughout the U.S. and Canada.

“When developing the AiM Verify platform, we looked for ways that we could incorporate new technology to create a scalable model for wholesale vehicle floor plan audits,” AiM chief executive officer and president Jim Yates said in a news release.

AiM Verify provides customers accurate reporting of inventory in real-time.

Lenders are even able to view dealership inventory when an audit is underway.

“By deploying new hardware and software to our auditors, we can provide a significant leap forward over what’s currently available in the market and continue to support the entire wholesale floor plan audit industry as a trusted third-party,” said Yates.

The platform’s dashboards and reports are also easily customizable to suit the individual concerns of each customer.

Field staff at AiM now have Android tablets featuring AiM Verify Mobile.

The company also announced that it has hired Timothy Walker as its vice president of product development.

He is responsible for developing and monetizing the company's technology products and services.

“Tim brings an extensive automotive industry background as well as technology oriented product development experience,” said Yates. “AiM is continually looking for ways that we can better serve our current and prospective clients, and Tim’s experience will prove pivotal in accomplishing our long-term business goals.”

Walker’s experience within the automotive industry spans more than 25 years, his background includes finance, automotive sales operations and product development.

Previously, Walker has worked for brands such as Ford, Autobytel and Enterprise Rent-A-Car.