Recovery Database Network recently introduced its Compliance Dashboard and Automation Center, a tool aimed at providing lenders with a visually dynamic way to easily assess key recovery performance data and monitor recovery vendor compliance with performance standards.

Integrated into RDN’s recovery management software and available to subscribers at no additional cost, the company insisted the dashboard is comprehensive and fully customizable so lenders can select the metrics displayed.

“We understand that each lender has a unique set of business requirements,” said Todd Hodnett, president and chief executive officer of RDN. “Our development team designed the Compliance Dashboard and Automation Center for easy configuration allowing each institution to track the specific analytics that best suits their needs.”

RDN chief operating officer Zach Hallowell added, “Compliance measurement and monitoring is a critical issue for automotive lenders

“We recognize that financial institutions want the ability to ensure that recovery processes are consistent with their approved business practices and legal obligations,” he continued. “We’re pleased to offer the Compliance Dashboard and Automation Center as a solution. It’s another example of the value RDN provides to our lender-clients.”

RDN clients wishing to implement the Compliance Dashboard and Automation Center can login at https://www.recoverydatabase.net/login-client. A step-by-step tutorial is available upon login.

For more information about RDN’s Compliance Dashboard and Automation Center, call (817) 204-0298, select option No. 2.

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