Advantage GPS received good news from a federal regulator this week.

The provider of modern data analytics and advanced risk mitigation solutions for vehicle finance professionals announced the U.S. Patent and Trademark Office (USPTO) has granted United States Patent No. 11,102,615 for the company’s “Unified Device Access” technology.

Advantage GPS highlighted that this latest patent, which enables auto finance professionals to monitor and access all of the GPS devices used in their finance portfolios regardless of brand or model, adds to its intellectual property portfolio now being employed on devices throughout the country on the Advantage platform.

“Our proprietary solution, marketed as All Access, avoids issues such as having to login and interact with multiple platforms,” Advantage GPS president David Meyer said in a news release.

“Some competing GPS devices are tethered to outdated technology platforms where innovation has ceased,” Meyer continued. “All Access allows our customers to monitor vehicle location and other data effortlessly, through our robust and constantly evolving technology platform.

“It’s something our customers asked for, and we delivered several years ago. It’s now patented and proprietary to Advantage,” he went on to say.

Meyer noted that Advantage has a long, successful track record of delivering paradigm-changing innovations for their subprime customers.

“Our goal is to continue to innovate on our platform and bring the next wave of automotive analytics evolution, that makes it easier for our customers to protect their collateral and build on their bottom line,” Meyer said.

The greater flexibility afforded by All Access can give Advantage clients more convenience and control over their device management process.

“Customers can view vital information for all GPS provider accounts, including name, address, year, make and model of vehicle purchased, VIN and serial number of devices,” Advantage product manager Brian Tate said. “All Access also allows finance companies and dealers to seamlessly navigate into any vehicle record, on the fly, from the Advantage application view.”

Users can click on “All Access” within the Advantage dashboard to view detailed vehicle information on devices from third-party providers.

When a specific vehicle is clicked, a new window opens to provide access to the device. Customers can see the desired vehicle’s location as well as a host of intelligence that monitors and assesses finance risks in real time.

The company went on to mention that a user-friendly, interactive dashboard can give finance companies and buy-here, pay-here dealerships both high-level and vehicle-specific, granular oversight of their automotive finance portfolio.

The system is designed to prioritize profit obstacles and proactively notify managers of high-risk situations that further prevent losses and mitigate loss severity should it occur.

Advantage’s solutions portfolio includes wired and wireless devices, VIN Verify products, custom APIs, Pay-as-You-Go options and features that can allow users to manage all their devices regardless of provider.