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Since 1986, the unique expert system VALUADATA came into operation, focusing on estimating and evaluating damage to automobiles involved in collisions. A first-rate tool for appraisal and control, VALUADATA is based on strict factors and standards and rational criteria which generate reliable standardization of costs with the focus on benefiting the end consumer. Its ease of use speeds up transactions, providing accurate appraisals as well as applying a clear and consistent process to the technical and financial results. Its ability to combine supplier policies and agreements with each company’s individual requirements makes it easily adaptable to users’ internal operating procedures, while unifying criteria among all users with respect to the balance that should be maintained between repair costs and levels of quality and service to the insured parties and individuals. In the case of insurance companies, VALUADATA takes into account payment of everything covered in the policies, linking the appraisal process with other operational, administrative and accounting processes, and incident handling for the benefit of the whole company. The wealth of daily, weekly, twice-monthly, monthly, six monthly and annual information available through VALUADATA inquiries and reports makes administration and resource control easier, and the system’s statistical analysis module helps detect and correct irregularities. VALUADATA is built around a vast knowledge base of technical and financial information, along with extensive experience in the field of automotive engineering, transferred to a high-tech environment which provides for the appraisal of more than 2,900 different domestic and import vehicles, with a 24-year market coverage for Mercedes, Chrysler (Dodge, Jeep y Hyundai), Mitsubishi, Ford (Lincoln y Mercury), Volvo, Chevrolet (Cadillac, Oldsmobile, Pontiac, Buick, GMC, Opel y Daewoo) Volkswagen, SEAT, Audi, NISSAN (Infiniti), Honda, BMW, Mini, Toyota, Peugeot and Renault. The power of the VALUADATA system derives from its huge database containing images of all automobile parts and standardizing part names, as well as automotive repair criteria and thoroughly researched costs which are updated constantly as changes arise, (with due allowances made for regional economic factors where the system is in use), in addition to rules to support decisions on when to repair or replace parts. |
