Recovery Database Network Reveals Integration with MasterFiles

Recovery Database Network announced Tuesday that it has integrated its application with MasterFiles, a data service provider of public records information for the purposes of debt collection, asset recovery and creditworthiness.
Explaining the partnership further, officials said, “Users are now able to access MasterFiles data seamlessly through RDN’s specialized recovery software solution. This unique setup will make it even easier for RDN users to search for and receive information concerning vehicles sought for recovery.”
The company also shared that other enhancements, such as the ability to make transferable notes directly from within MasterFiles reports, have also been made in an effort to “further increase ease of use and maximize user experience.”
Commenting on the news, Todd Hodnett, president and chief executive officer of RDN, said, “Given the high costs associated with the recovery of vehicles, it’s more important than ever to have the most accurate data available to verify address information.
“This real-time, Web-service application comes complete with skip-tracing data aggregation, effectively allowing RDN users to access debtor information more readily,” he continued.
So, how can dealerships utilize the enhancements?
Searches will be performed just as if they had been conducted from within the MasterFiles interface, officials said.
Users can begin to access data through RDN by establishing an active account with the company and acquire a username and password.
Subscribers will be assessed no additional fees by RDN for this service as billing will be managed completely by MasterFiles, the company shared.
“We are excited to offer this streamlined search capability," said MasterFiles national sales manager Alex Price. “In working with RDN to provide access to the MasterFiles platform, users can now view data from within their recovery management software, allowing them to save time, save money, and be more successful in their recovery efforts.”
Training materials are available to assist users and can be obtained through RDN.
Users can also request a one-on-one training session through MasterFiles upon request, the company concluded.