Sticking with the same DMS while hoping for a different result is like gambling away your dealership’s profits. The benefits of a modern, cloud-based DMS platform—including lower costs, increased security, and improved access—should be enough to convince any dealership that staying the same is just not an option anymore. It’s time to end the disappointment and cash in on the coin.
Demand More from your DMS: Performance Management
Performance management helps dealerships to combine the power of technology with the power of their teams. That combination can bring about actual, measurable change and secure a sustainable competitive advantage.
Demand More from your DMS: Anytime/Anywhere Access
Cloud computing has opened new possibilities by making dealership data and DMS platforms accessible at anytime and from anywhere.
Demand More from your DMS: Open Integration
Companies that demand more from their technology providers are more likely to be rewarded with innovation, efficiency, and ease of use. Dealerships should expect their DMS providers to supply an open architecture and provide all the benefits of a modern DMS.
5 Things You Should Know About Cloud Technology
Cloud-based technologies are making it easier than ever for businesses to collect, access, and analyze their data. Here are five benefits associated with cloud-based technologies that you might not know about.
Using the Right Tools to Solve the Industry’s Biggest Challenges
Partnering with a High Tech DMS from a provider that’s committed to staying ahead of the curve is the best tool for solving the industry’s biggest challenges.
Opentrack: Affordable Integrations with Third-Party Vendors
Imagine what more you could do for your business if you could affordably integrate real-time data with the third-party vendors of your choice.
3 Step Plan for DMS Conversion
As a dealer, I am sure that you’ll agree: a dealer management system (DMS) conversion can be an intimidating and difficult process.
However, the potential to cut monthly costs, boost efficiency and streamline workflow for your dealership can far outweigh any upfront inconveniences resulting from a DMS conversion.
In an article titled “How to Find the Right DMS” in the May issue of Auto Dealer Monthly, I explore the three critical elements you need to look at when selecting your next DMS.
Are You Leveraging Your DMS Data for Profits?
Your dealer management system (DMS) is the backbone of your dealership.
However, are you leveraging the data running through and stored on your DMS to drive maximum profits?
In the March issue of Auto Dealer Monthly, I discuss how you can use your DMS’s built-in reporting capabilities to efficiently manage inventory, sales, service and parts. Two key areas where the use of your DMS data and reporting can be invaluable to your dealership are:
- Inventory – Inventory reporting from your DMS allows you to monitor the costs associated with reconditioning vehicles, carrying aged inventory and wholesaling vehicles
- Service and Parts – You can use your DMS data to analyze service technician efficiency and productivity reports to effectively manage your service business for profits.
In my article, I show how several dealerships, including the Gunn Automotive Group, the Heller Automotive Group and the Todd Wenzel Automotive Group, are using their DMS data to improve their businesses. Mining the data in your DMS can help your sales team better prospect for potential buyers and source in-demand used vehicles, and improve your service team’s ability to target customers with service and maintenance reminders and offerings relevant to the individual and their vehicles. In addition, this mining can help improve overall customer communications, which can pay off for your dealership for years to come.
