Introduction to CVS Key Features Estimated reading: 2 minutes 95 views Make, Model, and Type (MMT) Taxonomy: Utilizes a comprehensive taxonomy for Make, Model, and Type classification, ensuring accurate and precise vehicle identification. Dynamic Pricing Techniques: Implements advanced dynamic pricing techniques to determine the actual value of vehicles, considering various parameters for a thorough appraisal. Risk Management for Insurance Companies: Assists insurance companies in managing risks associated with over-insuring vehicles, minimizing the potential for insurance fraud, and avoiding losses from under-insuring. Optimized Trade-In Deals for Dealerships: Empowers dealerships by providing optimal prices for trade-in deals, facilitating more efficient negotiations and enhancing overall profitability. State-of-the-Art VIN Decoding Algorithm: Incorporates a cutting-edge VIN decoding algorithm to eliminate human error in vehicle selection, ensuring accuracy in valuation. Gray Import and Import History Check: Checks for gray imports and import history when provided with a VIN, highlighting any hidden critical issues with the vehicle. Comprehensive Reports Module: Enables authorized users to generate comprehensive reports on user activities and valuations performed within the system. Export Functionality for Reports: Allows users to export generated reports for seamless integration into managerial processes and further analysis. User Authentication and Authorization: Implements robust user authentication and authorization mechanisms to ensure secure access and usage of the system. Real-Time and Accurate Valuations: Delivers real-time and accurate vehicle valuations, keeping the system’s information up-to-date and reliable. User-Friendly Interface: Offers an intuitive and user-friendly interface for a seamless experience, catering to both novice and experienced users. Customizable Parameters: Provides flexibility with customizable parameters, allowing users to tailor the valuation process according to specific needs. Compliance and Security Measures: Adheres to industry compliance standards and incorporates robust security measures to protect sensitive data.