Delivering Opportunity -
Copyright © 2008 - TitleTrac.com - a Pandimo, Inc. service.
How it Works
How it Works
A SIMPLIFIED SOLUTION THAT CREATES BENEFITS FOR BOTH YOU AND YOUR DEALER CLIENTS
THE AUTO INTRUSTRY’S PAYOFF AND TITLE PROCESSING SOLUTION
TitleTrac.com's dedicated online solution improves title release times, reduces costs, streamlines the lender payoff and title workflow
and provides instant title processing notifications to dealers from the time a payoff is submitted to the point of its release.
Our
electronic payoff and title workflow tool enables dealers and lenders to interact in an online environment, providing real-time process
management and status updates, thereby eliminating mail expenses and follow up title request phone calls.
From offering automated
payment solutions, real-time communication to end to end tracking, TitleTrac.com's unique solution is the Auto Industry's answer to
an otherwise lengthy and labor-intensive process.
Step One - Lender (you) enrolls in a secured environment and creates a link to TitleTrac.com from your web site. Dealers calling for
payoff quotes are directed to TitleTrac.com and provided instructions on how to process their payoff.
Step Two - Dealers enter
your unique lender Access Code provided to them with their payoff quote. They complete the online Payoff Submission form and receive
an automated confirmation email with details of how to inquire on payoff status.
Step Three - You receive standardized electronic
title release instructions. Each impacted area has a TitleTrac.com work queue configured at enrollment to optimize and simplify their
processes and communication with other departments. Payoff status is updated real-time as it advances through your release process.
These tracking updates are also communicated to the dealer.
Step Four - Dealers receive automated alerts when there is a problem
with the payoff and are provided the ability to respond to lender messages; such as short-pay notification. Dealers also receive peace-of-mind
updates when the payoff is posted, when the release date is scheduled and when the title has been released.