NASHVILLE, TN--(Marketwire - February 7, 2011) - On the heels of its 20th anniversary as the global leader in traffic citation processing services for the auto and truck rental and leasing industries, Nashville-based Violation Management Services, Inc. ("VMS") celebrates the extraordinary milestone of $150 million of violations managed on behalf of its worldwide customer base. Beginning as a moonlighting venture by a supervisor of a Budget Rent A Car franchise in 1991, VMS has grown into a world-class service organization offering a turn-key, seamless, and PCI certified technology-based solution to the economic and customer service issues associated with renter parking and traffic violations gone unpaid -- an industry-wide problem that is estimated to cost rental operators tens of millions of dollars off the bottom line. Speaking about VMS's achievement, Dennis Round, President of VMS, states, "When we conceived of this niche service offering 20 years ago, our instinct was that the vehicle rental industry had to soon begin to outsource essential but utility, non-core functions to firms that have built specialized processes and systems focused exclusively on unique industry-wide requirements. Before long, VMS serviced the violation management needs of global brands, franchises, and independent rental companies throughout North America. On our 20th anniversary, we are proud of having processed over 2.5 million individual violations for a total of $150 million in fines and penalties, on behalf of operators world-wide."
According to Neil Abrams, President of Abrams Consulting Group, Inc., a leading rental industry consultancy, "Every now and then, over our 3 decades in business, we see a product or service offering that brings great value to both rental companies and their customers. VMS, through its proprietary business model, offers its rental company clients a solution to a significant industry problem that is both cost effective and customer relations sensitive. VMS benefits rental customers by limiting their accruing liability and financial obligation to the issuing authorities associated with their unpaid violations."
From its inception, VMS has continued to expand its unique business model, now offering its program to the commercial fleet lease and truck rental transportation segments, as well as to automotive dealerships in support of their in-house rental and loaner programs.
ABOUT VMS
Violation Management Services, Inc. ("VMS") provides unpaid parking and traffic violation processing services to the North American auto and truck rental, fleet leasing, and automotive dealership industries. Founded in 1991, VMS operates in all 50 states, Canada, and the Caribbean, and deals with over 3300 municipalities and issuing authorities which issue parking and traffic summonses. VMS's executive offices are in Nashville, TN, and its operations center is in Great Falls, MT. Visit the VMS website at www.violationmanagement.com.
Contact Information:
Contact:
VMS
Dennis Round or Alan Beaty
(866) 426-4040
abeaty@violationmanagement.com
dround@violationmanagment.com