LAS VEGAS — Auto Master Systems and iMETRIK Solutions recently revealed a new integration partnership. Executives explained the partnership is designed to provide Auto Master clients with a single interface to gather GPS asset tracking data.

The companies believe the agreement can help subprime lenders and buy-here, pay-here dealers improve loan collection activity and reduce the risk of payment default.

Auto Master pointed out it currently has hundreds of dealers throughout the United States and Canada using its software for loan collection, accounts receivable and loan closing purposes. The company also contends integration of the iMETRIK GPS platform can mean greater operational efficiencies for dealers engaging in collection and asset recovery activity.

Executives from iMETRIK explained automatic alerts can be set up to allow for simple management and control of a vehicle, including geo-fence, motion indication and real-time network presence indication. They went on to emphasize that their Web application can provide dealers with a pathway to interact with their vehicles by sending payment reminders to the borrower and, if necessary, disabling the unit using the starter interrupt.

Brian Hoppel, vice president of Auto Master, elaborated about how this partnership can benefit the company's dealer clients.

"Auto Master has been very successful in developing and deploying innovative solutions that add real value for our customers and the integration of the iMETRIK GPS platform further highlights our commitment to improving overall dealer efficiency and productivity," Hoppel noted.

The chief executive officer of iMETRIK, Guy Chevrette, echoed a similar position.

"The Auto Master partnership demonstrates iMETRIK's full commitment to strengthening its leadership position in the automotive industry and to provide the best possible efficiencies for loan collection and asset recovery," Chevrette stressed.

"Having this seamless interface will deliver solid productivity gains to our clients," he concluded.