DALLAS -

Skip-tracing and forwarding company A. Smith Enterprises recently selected Vendor Transparency Solutions as an online compliance monitoring platform.

Because of the importance of detailed compliance, A. Smith Enterprises chose VTS since the firm offers a platform to serve present and future needs of the industry.

A. Smith Enterprises pointed out that VTS works for the protection and benefit of its partners, which include auto lenders, banks, credit unions, insurance companies, investor groups and many other types of businesses that are looking to minimize losses and maximize recoveries on their delinquent consumer and commercial collateral and non-collateral loans

“Compliance with the Consumer Financial Protection Bureau and proper vetting of your company and its partners are no longer optional,” A. Smith Enterprises operations manager Alan Lollis said.

“A. Smith Enterprises recognizes both the need and importance of making sure that its client Partners are protected,” Lollis continued. “A. Smith Enterprises makes it a point to ensure that they are doing all that they can to prevent mitigating loss, and significantly lower risks for its clients. This partnership makes it much easier through technology to monitor compliance.”

Vendor Transparency Solutions president Max Pineiro also commented on being selected by A. Smith Enterprises.

“We are at an age where maintaining the highest level of compliance and risk management should be the highest priority to all companies servicing financial institutions,” Pineiro said. “We are proud that A. Smith Enterprises has selected the most comprehensive platform available in the industry as their choice for compliance monitoring.”