RALEIGH, N.C. -

On the heels of landing a trio of clients as well as an enhanced relationship with Digital Recognition Network (DRN), Consolidated Asset Recovery Systems also added to its executive team.

Consolidated recently announced that it has named Jeff Rau as national software sales director for the IBEAM platform. In this role, Rau will promote and support the growing demand for IBEAM, which is used by finance companies, forwarders, consignors and repossession agencies to manage repossession and remarketing tasks.

“I am pleased to be a part of this rapidly growing technology company,” said Rau, who came to the company after most recently serving in a role with Del Mar Recovery Solutions.

“The IBEAM platform offers features and capabilities that I have not seen in other software products,” Rau continued. “Their focus on providing a single platform, single solution strategy for the entire workflow, from repossession through remarketing, is unique within the industry and provides efficiencies along with potential cost savings over disjointed technology approaches.”

IBEAM (Internet Based Electronic Asset Management) can provide a single platform used by finance companies to manage multiple forwarders and consignors through the IBEAM Global Marketplace, a comprehensive software solution that can provide detailed analytics and dashboards to manage both the repossession and remarketing process along with all ancillary services.

Additionally, for organizations that want to manage direct relationships, IBEAM can offer real-time communications with repossession field agents and auctions.

“We are pleased to have Jeff join our team,” said Terry Groves, senior vice president and co-founder of Consolidated. “His experience in the banking, technology and forwarding industries offers our clients an insightful perspective on how best to leverage technology in support of their repossession and remarketing initiatives.”