Planet Salvage Pilots with ProcessClaims.com for Salvage Parts Ordering
9 October 2000
Planet Salvage Pilots with ProcessClaims.com for Salvage Parts Ordering
IRVINE, Calif.--Oct. 9, 2000--Planet Salvage Inc., the flagship e-commerce marketplace for auto salvage buyers and sellers, has begun piloting with ProcessClaims.com (www.processclaims.com) to provide an effective solution for salvage parts ordering as part of the collision repair process.Via the ProcessClaims.com Web site, an estimate is processed, and seamlessly interfaces to Planet Salvage for location of recycled parts and facilitation of the procurement process.
"ProcessClaims.com was selected by Planet Salvage for pilot due to several factors including the highly efficient technology they've developed. In addition, the two companies' similar missions to provide the automotive parts industry with open environments in which to connect and conduct business, creates a natural fit for partnership," stated Scott Petersen, Planet Salvage president and CEO.
The partnership creates a two-way benefit to Planet Salvage and ProcessClaims.com, as well as to other ProcessClaims.com trading partners. The benefit to insurance partners is the reduction in operating cost via electronic access to the used part market.
The benefit to collision repairers is the creation of seamless, electronic ordering of used parts in a one-stop fashion as part of the estimate transaction.
"We are providing a working solution that allows all parties to efficiently locate and utilize cost-effective recycled parts," stated ProcessClaims.com Vice President, business development & investor relations, David Ferrara.
"And ProcessClaims provides an open portal to connect and translate live data not only for used parts, but for all industry trading partners including those involved in rental cars, total loss valuations, OEM parts and more."
Planet Salvage (www.planetsalvage.com) was formed in 1999 and is based in Lenexa, Kan. Planet Salvage members can utilize the efficiencies of the Internet to bring buyers and sellers of salvaged products together in an open, non-restrictive environment that provides buyers with the ability to select the price and quality they want from a set of responses from qualified sellers.
ProcessClaims.com is the Internet-based bridge linking the insurance and collision repair industries and their trading partners. By harnessing the power of the Internet and applying the company's unique data translation technology and industry expertise, it provides the auto claims industry with the freedom to do business more efficiently and cost effectively. For more information contact Julie Schoen at 949/221-0111 or via e-mail at Julie.schoen@processclaims.com.