12thTech Releases uReconcile Post Audit-Follow Up 2.0
The floorplan auditing and risk management software disruptor makes it even easier for lenders and dealers to complete post audit follow-up and supplemental audits
January 2023– Portland, Oregon. 12th Tech again enhances their lender’s portfolio of innovative solutions by providing an extremely intuitive experience for their dealerships to perform post-audit follow-up. The user experience mirrors their industry changing ‘uVerify’ dealer self-audit functionality. Combined, the two features provide their clients with the tools to significantly increase back-office efficiencies, reduce overall audit expenses, and provide an exceptional experience to their borrowers.
Kinetic Advantage was an early adopter and has embraced this timesaving, dealer-friendly technology to enhance their customers’ experience. Joe Keadle, SVP of Corporate Operations at Kinetic Advantage, shares the positive impact the 12th Tech technology has provided Kinetic Advantage dealers to date. “The ‘uReconcile’ tool has made a significant impact in our dealer’s audit experience. The technology has not only empowered dealers to respond in real-time, but it has also provided them the flexibility to complete the audit reconciliation at any time that is convenient to them – which greatly reduces the business interruption dealers may typically encounter with other floorplan providers who are not utilizing the same technology,” he comments. Kinetic continues to be at the forefront of automotive floorplan technology through its collaborative partnership with 12th Tech.
About 12th Tech
12th Tech (www.12thtech.com) is revolutionizing risk management and mitigation with its S.M.A.R.T. auditing system. The platform provides innovative technology to support traditional in-house or third-party audits. Additionally, it offers the best in breed dealer self-audit experience, reconciliation and supplemental features, electronic asset identification, and enhanced real-time auditing and reporting. 12th Tech’s system dramatically reduces auditing costs and intelligently helps mitigate risk - allowing Finance Companies to finally have the choice to utilize the best auditing methods across their portfolio. Our robust, scalable, and adaptive solution leverages the latest technology advances and builds on a foundation of more than 20 years of experience providing auditing technology solutions to the financing industry. The 12th Tech team is dedicated to providing the world’s best auditing system--both now and the future--to ensure our clients’ success.
About Kinetic Advantage
Kinetic Advantage is a dynamic independent floorplan company led by trusted industry veterans to provide complete inventory financing solutions to independent dealerships. Our core focus is providing our Independent Dealer customers with complete financing solutions to help them succeed through top-notch service, local support, and a collaborative partnership. For more, visit www.kineticadvantage.com.
###