ANCILLARY PRODUCT CANCELLATIONS

Your Entire Refund Operation.
One Dashboard.

Before you hand a vendor your portfolio, see exactly what your team gets: live status on every cancellation, verified refund amounts, and a record you can export the day someone asks. No black boxes. No waiting for a monthly report.

50
states covered
600+
Providers Connected
100%
Action Logging
Day One
Refunds Processing

Complete Visibility Into Every Account

Log in and see exactly where every account stands: what has been ingested, what has been verified, what has been claimed, and what has been paid. Every number on the screen traces back to a logged, timestamped action.

REFUND OVERVIEW
ILLUSTRATIVE
Total Refunds Posted (MTD)
$847,290
▲ 12.4% vs previous month
Active Cancellations
2,341
▲ 89 new today
Resolution Rate
94.7%
▲ 3.2% vs industry average
Compliance Score
100%
All actions logged
TimeAccountActionStatus
10:42:18••• 4471Refund verified against contractVerified
10:41:55••• 8823Cancellation initiated with providerIn Progress
10:41:03••• 1206Refund received and postedPaid
Figures shown are illustrative.

Drill into any account and see the proof

Account ••• 4471
GAP Waiver · Early Payoff · TX
ILLUSTRATIVE
Administrator Quote
$1,412
Veritas Verified Amount
$1,684
Variance Returned
+$272

Aug 3, 9:14 AM · Account ingested via SFTP, matched to administrator

Aug 3, 9:16 AM · Quote verified against contract terms and TX requirements; variance flagged

Aug 3, 11:02 AM · Cancellation initiated with provider; dispute opened on variance

Aug 6, 2:47 PM · Corrected refund confirmed; export available

What Your Team Does. What Veritas Does.

Veritas is a managed service, not another system your team has to run. Here is the entire division of labor.

Your Team
  • Send terminated and eligible accounts through the channel that fits your stack
  • Review results in the dashboard whenever you want
That is the whole list.
Veritas
  • Matches every account across 600+ product administrators
  • Verifies every refund quote against the contract and state rules
  • Initiates cancellations, chases stalls, and works disputes to resolution
  • Logs every action and keeps your audit-ready export current
Want the revenue math first? See what a systematic process returns ›

What You See at Every Step

Veritas runs the full cancellation lifecycle as a managed service. The dashboard shows you each step as it happens.

1

Ingest

Your data arrives by API, SFTP, or portal upload and is matched across 600+ product administrators.

On Your Dashboard

Accounts received, matched, and queued, updated in real time.

2

Verify

Every refund quote is checked against the product contract and the applicable state rules, not accepted at face value.

On Your Dashboard

Verified amounts beside administrator quotes, with variances flagged.

3

Claim

Cancellations are initiated with the provider on day one, tracked through completion, and escalated when they stall.

On Your Dashboard

Status by account: initiated, pending, disputed, or paid.

4

Report

Every action is logged with a timestamp and an actor.

On Your Dashboard

One-click, audit-ready export for internal review, examination, or client reporting.

A Rules Engine Built for 50 States

Veritas services all 50 states. The rules engine resolves deadline, calculation method, borrower notice, and record retention per account, so state variation never lives in a spreadsheet.

See the full compliance framework ›

50
states covered by one rules engine.
Deadline, calculation method, and notice requirements, resolved per account.

Closed-Dealer Refunds, Worked to Resolution

When the selling dealership has closed, the refund obligation does not disappear; it just stops having an owner. The Veritas team takes these accounts, pursues the administrator or successor directly, and works each dispute to resolution.

*Closed-Dealer Refunds: claiming refunds owed on ancillary products sold by dealerships that have since gone out of business.

1

Account flagged: selling dealer out of business

2

Obligation traced to the administrator or successor entity

3

Claim pursued directly, with every contact logged

4

Dispute worked to resolution and refund posted

Why Operations Teams Choose the Platform

Your Day-to-Day Spreadsheets and Email Veritas Platform
Where does an account stand right now? Ask around, check the tracker Live status on the dashboard
Is the administrator's quote correct? Taken at face value Verified against the contract, variances flagged
Who chases a stalled cancellation? Whoever remembers Automated follow-up, escalated by a named team
The selling dealer has closed. Now what? Usually written off Closed-Dealer Refunds*, worked to resolution
An examiner asks for the recordDays of assemblyOne-click, audit-ready export
What does it cost?Internal headcount Custom Pricing
*Closed-Dealer Refunds: claiming refunds owed on ancillary products sold by dealerships that have since gone out of business.

Platform FAQs

How quickly does the platform start producing refunds?
Processing begins on day one. Purpose-built ingestion channels mean onboarding takes days, not months, and your first refunds follow in days rather than quarters.
What does my team actually have to do?
Send terminated and eligible accounts by secure API, SFTP, or portal upload, then review results in the dashboard. There is nothing to install and no system for your team to run; matching, verification, claims, and follow-up happen on our side.
How is our loan data handled?
Data moves through secure, access-controlled channels, and every action taken on an account is logged with a timestamp and an actor. Your data is used to work your accounts, nothing else.
How do I know the refund amounts are right?
Every administrator quote is verified against the actual product contract and the applicable state rules rather than accepted at face value. Variances are flagged, disputed, and shown next to the verified amount in your dashboard.
Will this hold up with regulators, and what does it cost?
Every account carries a complete, exportable action trail built for examination; see the full framework at /compliance. Pricing is custom to your portfolio with no upfront cost; schedule a demo and we will scope it against your termination volume.
Ready for VERIFIED Refunds?

Walk the dashboard live: ingestion, verification, claims, and the export you would hand a regulator.