The electronic titling program benefits motor vehicle agencies, lienholders and vehicle owners. Motor vehicle agencies gain efficiencies by providing more timely data exchange, improving data accuracy, and reducing and controlling the use of secure forms. Electronic titling benefits lienholders by reducing mailing costs, reducing physical storage requirements, and deterring the inherent fraud associated with duplicate titles and paper title releases. Vehicle owners benefit by receiving clear titles upon the release of the lien on the electronic title.
By reducing or minimizing the paper process, DDI provides a service to credit unions, banks, title loan companies, dealers and other lending institutions. ELT helps reduce fraud, enhance efficiencies, as well as increase productivity for organizations that handle titles. The program serves as a link between the lienholder and the state DMVs, allowing the institutions to focus their resources on their customers.
Decision Dynamics, Inc. (DDI) has been providing software solutions and services for government agencies and businesses since 1999. In addition to its software services, DDI also offers it premier line of products: ELT, EVR and the Title and Registration Center.