Insurance Auto Auctions And SEI Information To Create Salvage Application Management System

Autoparts Report, August 1, 2001

Insurance Auto Auctions, Inc. (IAAI), a leading provider of automotive salvage and claims processing services in the United States, said it signed an agreement with SEI Information Technology, a Chicago-based IT solution provider and professional services firm, to develop a new enterprise-wide application to manage the salvage and auction process.

The new Web-based system will support and streamline vehicle registration and tracking, financial reporting, transaction settlement, vehicle title transfer, and branch/headquarters communications, IAAI said. It will speed all aspects of the company's operations, support growth and expansion plans, provide improved reliability and maintainability, and, ultimately, deliver increased profits.

"The web-based system is important not only for how it supports IAA today, but for how it will support the company in the future," says Tom O'Brien, President and Chief Executive Officer of IAA. "Not only does it give us the tools we need to do our business better, but it provides the scalability and maintainability to support our plans for growth and expansion."

"Several factors made SEI the right choice for us," says O'Brien. "SEI has a strong track record for the timely delivery of custom business solutions to its clients, and the team they put together for the project reflects that experience. Likewise, SEI has relevant business expertise and technical expertise-particularly with Microsoft-based technologies. Finally, SEI has the unique capacity among mid-sized IT consultants to offer a truly complete solution. Not only can they specify, design, and develop the system, but they can deploy it to all of our sites, and train our user community."