Salvage Auction

This function allows users to select an auction type and send vehicle information to a third party vendor that auctions used and salvaged vehicles. Basically, users enter a claim in Diamond with a vehicle that needs to be sent to auction for salvage. Information entered here is collected and allows the user to send the vehicle to the vendor for an auction. As the vehicle progresses through the stages of the auction, auction and sales information updates are received back from the third party vendor and displayed in Diamond.

System Settings

In Diamond System Editor, the following system settings should be set up in the Claims / Salvage folder.

 

Field

Value / Function

Options

Attachments Path

Determines the directory for third party attachments.

Implementation Specific; user defined.

Auction Enabled

Determines if Salvage Auctions are enabled or not.

False = Salvage Auctions are not being used.

True = Salvage Auctions in use.

Default Auction Bid Type

Used to indicate which auction bid type to default.

N/A
Minimum Bid
Bid Approval

Notify For Auction Bid Awaiting Approval

Determines whether or not a task is sent when an auction bid has been made that requires approval.

False = Do not send a task.
True = Send a Task

Notify For Lot Rolling Into New Auction

Indicates whether or not to generate a task to the adjuster when a lot's auction ends without selling and rolls into a new auction.

False = Do not generate a task.

True = Generate a task.

Notify For Rejected Auction Update

Determines whether or not a task is sent when an auction rejects an update.

False = Do not send a task.

True = Generate a task.

Send Notifications On Lot Stage Updates

Determines whether or not Lot Stage Notifications are enabled.

False =  Lot Stage Notifications are not enabled.

True = Lot Stage Notifications are enabled.

Validate Auction Bid Type

Indicates whether or not a Bid Type is required.

False = Bid Type not required.

True = Bid Type is required.

Editing a Vehicle

When editing a vehicle on the claim, two (2) tabs are displayed: Salvage and Salvage Auction.

Salvage Tab

This allows users to enter preliminary vehicle information, such as: Vehicle Starts, Keys Available, Odometer Reading  / Type, Salvage Type, Salvage Amount, Repair Cost, Actual Cash Value and Vehicle Condition.

Salvage Auction Tab

There are four (4) tabs associated with the Salvage Tab. These and their functions include:

 

End of Day Processing: Process Salvage Attachments

If your company is using the Salvage Auction function, please add the following function to run each night to your End of Day Processing configuration: "Process Salvage Attachments." This process scans the folder specified in the "Attachments Path" system setting for all PDF files and attaches them to the claim specified in the file name of the PDF.