PartsTrader Launches Parts Pricing Platform

PartsTrader Launches Parts Pricing Platform

SurePart gives appraisers access to real market pricing quotes and live inventory feeds, and price guarantees from PartsTrader’s supplier network.

PartsTrader announced the launch of SurePart, its new instant parts pricing platform.

SurePart allows appraisers to write more accurate estimates by providing instant market pricing and leveraging industry-leading filtering to remove invalid parts. The result is a more accurate estimate upfront, which means less time on costly supplements, PartsTrader says.

Rather than relying on outdated catalog pricing, SurePart uses actual market pricing and live inventory feeds, resulting in greater accuracy for preliminary estimates, lower severity and reduced cycle times.

“We’re already seeing strong interest in SurePart, both by clients with traditional appraiser teams and from clients who are looking to increase their claim automation,” said Greg Horn, PartsTrader’s chief innovation officer.

Achieving an accurate estimate was a guiding principle in the design of SurePart, PartsTraders says. Because SurePart leverages PartsTrader’s industry-leading part filtering, clients have full control over what parts are included on estimates.

PartsTrader adds SurePart’s suppliers guarantee their prices, eliminating unnecessary cost supplements for appraisers. Additionally, comprehensive Tableau reporting provides actionable insights on program usage and performance, with results aggregated based on each client’s specific requirements.

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