VArepo is an application owned by a company that helps banks to repossess vehicles from customers who have kept their vehicles as collateral for various loans.
The bank raises a request to repossess a vehicle of a customer.
The bank assigns an admin from their end to look after the entire process.
VArepo Admin raises the concern via their web panel, including the bank and the bank admin, and assigns this concern to a VArepo employee.
VArepo employees feed the details into the web panel with all documentation and information and assign it to the field agents.
The field agents will have a mobile application provided to them and when a concern is assigned to them, they will get all the details of the concerns on their mobile devices via the application.
The field agents then go to the respective address given in the application which was earlier input by the VArepo employees and see if the collateral vehicle described in the application matches with any car available in the mentioned address
If so they alert the VArepo employee via the application and towing agents tow away the vehicle and store it in their company repossession building
The bank/bank admin is notified and they collect the car after giving payment to the VArepo team
I love the flow of the system thus far, I can foresee
us doing great things together in the future.