NOV - DEC 2019AUTOTECHOUTLOOK.COM6Running a dealership is hard work. Dealerships play a significant role in representing the manufacturers in the market place through meaningful customer engagement. Frequent product launches, shorter life cycles of products, higher dealership investments, and reduced margins are some of the critical factors affecting dealership profitability and sustenance. There are many moving parts: inventory, parts, service, new car sales, used car sales, administration, etc. Millions of dollars usually flow through the dealership cashbooks and bank ledgers every week. Augmented use of digital platforms and a significant shift in the buying behavior of the customers are also compelling dealerships to adopt industry best practices in delivering superior customer experience. If there is information stored in shared network folders, business apps like ERP and CRM, local files, e-mail, file sharing, and even paper documents in filing cabinets, dealerships will not be able to keep up. Fortunately, a dealer management system can consolidate and coordinate all of these separate systems to work in harmony and increase revenue. Effective dealership management has become a competitive differentiator in the automotive marketplace.It would be impossible to run a dealership without a DMS in this day and age. The DMS is useful for any automotive business as it brings together all the functions in a single platform. Moreover, they enable the dealers to keep pace with the industry trends and the market. There is efficient management of accounting, parts, sales, and inventory operations. For dealers who own multiple branches, the aspect of cloud DMS aids in assessing the performance of those offices from a central location and most importantly the cloud feature also ensures the protection of the dealership data by keeping it safe from theft or loss. Having the right Dealership Management Software helps in staying with the pace of the market at an economical price while achieving optimum efficiency.Let us know your thoughts!EDITORIALDealership Management Software ­ The New DealCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.FEATUREDFEATUREDVENDORS - 2019 VENDOR - 2019 Editorial StaffOlivia HarperDavid CarterPaisley AaronClaire JonathanVisualizersJosiah Thomas Ronald DonovanManaging EditorLester D'Souza*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffLester D'SouzaManaging Editoreditor@autotechoutlook.comNov - Dec 2019 Volume 02 Issue - 08Published by ValleyMedia, Inc.To subscribe to Autotech OutlookVisit www.autotechoutlook.com Email:sales@autotechoutlook.comeditor@autotechoutlook.commarketing@autotechoutlook.comFEATUREDFEATUREDVENDORS - 2019 VENDOR - 2019
< Page 5 | Page 7 >