The Auction ACCESS card resembles a credit card and works like a wallet-sized credit history report. Users do not pay for the card.
Once dealers register basic business information with Auction
ACCESS, such as their dealer license number and credit data, they can use the card at every auction that accepts it. That cuts down on paperwork for dealers and auctions, Redden says. It also prevents dealers from having to stand in lines at auctions, he adds.
"It's a paperless system for auctions," Redden says. "The paperwork is stored in our system."
Dealers insert the photo ID card into an auction kiosk. The kiosk prints the user a badge that allows him or her to buy vehicles that day.
Auctions also benefit from the card, Redden told Automotive News. They can easily identify dealerships and dealer groups that do business under several names and in several locations.
The Auction ACCESS system tracks dealerships' authorized buyers, Redden says. It weeds out duplicate records. It flags customers who have written bad checks or engaged in other shady practices at auctions.
AutoTec does not disclose the data it compiles about auction companies and dealers to other companies, he says.
Nearly 230,000 employees of 100,000 new- and used-vehicle dealerships and wholesalers hold Auction ACCESS cards, Redden says.
About 135 sites, most of them large auctions, use the system. That figure includes 84 U.S. sites operated by Manheim. Three of Auction Broadcasting Co.'s nine sites use the system.
The system will add about 20 sites by the first quarter of 2006, nearly all from ADESA, Redden says.
Berta Phelps, a Manheim vice president, says her company began using Auction ACCESS in 1999.