You’ve made a significant investment in implementing a Dealer Management System at your dealership. But are you sure it’s being used for more than just invoicing, inventory control, and placing orders? If not, it’s time to assess how effectively this crucial tool is being utilized to achieve better business results.
A DMS Is More Than Just Management Software
A Dealer Management System handles your daily operations across all departments: purchasing and selling vehicles, managing the full service cycle, invoicing, managing inventory, and more. But a DMS can do even more.
Software like Autologica Sky DMS recognizes that within each department’s processes, there are situations that require control to prevent bottlenecks, money leaks, and missed opportunities. Among several critical points, the DMS monitors:
- Auditing repair orders that remain open in the workshop.
- Alerts for parts with stock levels below the reorder point.
- Leads and prospects that are not being followed up on.
- Customer complaints that are not being addressed.
- Cash receipts pending reconciliation.
- Sales requests with outstanding balances for vehicles already delivered.
- Parts that have been removed from inventory but not invoiced.
Controls critical processes
A DMS also provides reports and features that help identify key action points:
- Control accounts receivable.
- Automatic account suspension.
- Payment authorizations.
- Monitoring of average collection and payment periods.
- Control of employee efficiency and productivity .
- Traceability of stock movements to and from the workshop.
Conclusion
The ideal DMS for your dealership is one that not only streamlines daily operations but also provides the essential information needed for decision-making and tools to correct deviations in real-time.
