How to increase the revenue with Auto Dealer Management Software

Auto Dealer Management Software

Auto dealer management software is mostly used by automobile business owners to manage the dealership business effectively. The software has features like digital agreements, invoicing, document management, profit per car calculation, inventory management and accounting all under one solution. 

Dealership business requires that the dealer has his focus more on the core business rather than on admin related activities. It should be more customer-focused. Usually, in a dealership business, the software is customized to suit the requirement of the business. The software takes care of product ordering, booking appointments, mechanic management, inventory control, accounting etc.

Advantages of Dealer management software

  1. Gives more flexibility to the car dealers in the changing market
  2. Working towards customer satisfaction
  3. Helps dealers to focus on the main core areas of business
  4. Increases revenue.

What features should an auto dealer management software have?

Auto dealer management software should be capable of preparing digital agreements between the buyer and the seller. Instead of printing it on paper these agreements are prepared and signed digitally and stored on the cloud. This saves the problem of space and the wastage of paper.

The appointments for the vehicles can be booked online. The customer can choose the vehicle from the list displayed on the website. 

The dealer can manage the inventory using the software. The dealer can identify what vehicles have gone out for sale and what are left in the warehouse and calculate the profit per car after the sale of every vehicle using the software. 

Usually, dealers have workshops associated with them. The mechanics can be managed with the software. The payments and commissions to mechanics can also be calculated easily.

The documents relating to the vehicle and the sale can be stored in one place. The dealer can pull out any past information of the vehicle from the software. The service and insurance due dates are set as reminders and reminded to the customer when they are due.

Invoicing can be done using the templates in the software or customized as you require. This adds a professional look to the invoices.

The receipts and payments can be recorded using the accounting feature in the software. This gives a true financial position of the business. 

The mobile App feature of the software helps the dealer to access his business and track his business from anywhere.

Why Moiboo software is the best choice?

The car dealer software manages all cars, supplies and customer data giving you full control over the business. It has all the features required to run the dealership business.

Features of Moiboo software

  • Digital agreements
  • Invoicing
  • Consignments
  • Profit per car
  • Multi-currency
  • Vehicle management
  • Purchases
  • Document management
  • Mobile App
  • Commission calculation
  • Accounting
  • Floor credit management

Conclusion

Auto dealer management software should be a software that is easy to use. It should satisfy the needs of the customer and the dealer. IT should eliminate manual labour and automate the process.

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Comparison of Top 5 Car dealer software

A car dealership is a business that sells new and used cars. It employs salesmen to sell their vehicles. Most of the car dealers have a workshop associated with them to provide easy services and repairs to the vehicles. Comparison of Top 5 Car dealer software listed below.

Comparison of Top 5 Car dealer software

Process for setting up a car dealership business

  1. Conduct market research
  2. Create a business plan
  3. Licensing
  4. Hiring the right employees
  5. Identifying the right location
  6. Inventory management
  7. Promotions- Advertising and Marketing
  8. Automation software

Comparison of Top 5 Car Dealership software

  MOIBOO PCOM V12 Autofunds.com Webmanager
PRICE (SGD) 1800 – 5400   1188 1188 600
AMC (SGD) 20%   100%   100%
PRICE FOR UPGRADES FREE   chargeable chargeable chargeable
PSG APPROVED YES Yes No No No
TECHNOLOGY CLOUD Cloud Cloud Cloud Cloud
TRAINING AT DOORSTEP Online Online Online Online
SUPPORT AT DOORSTEP Online Online Online Online
LOCAL OFFICE YES Yes No No No
MADE SPECIALLY FOR AUTO BUSINESS YES Yes Yes Yes Yes
ACCESSIBILITY ANY DEVICE Any device Any device Any device Any Device
FEATURES          
Customer Relationship Management YES YEs No Yes Yes
Service Engineer Management YES No Yes Yes Yes
Inventory Tracking YES No No No No
SMS Plugin YES Yes No No No
Sales Team Management YES No No No No
POS Billing YES No No No No
Claims Management NO yes No No No
Bank Sync NO yes Yes Yes No
Payroll NO Yes No No No
Mobile App YES No Yes yes Yes
Job Sheet Management YES No No No No
Loyalty Management YES Yes No No No
Barcoding YES Yes No No No
Warehouse Management YES Yes No No No
Purchase Management YES yes yes Yes No
Document Management YES No Yes No Yes
Accounting YES No Yes No Yes
Digital Agreements YES No No No No
Consignment Sales YES No No No No
Profit per Car YES No No No No
Vehicle Management YES No No No Yes
Comission Calculation YES No No No No
Vendor Management YES No No No No
Consumable Management YES No No Yes No
Customer Approval YES No No No No
Vehicle Status Alert YES No No No Yes
Floor Credit Management YES No No No No
Bookings YES No No No No
WhatsappIntergration YES No No No No

Conclusion

A good car dealer software can help in better staff management, Improved business practices, better customer satisfaction and good communication.

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Related Software for car dealer business in Singapore.

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How to Automate car dealer business with used car dealer software

What is the car dealer business?

Car dealership business refers to a business that sells new or used cars based on a contract between the automaker or his subsidiary and the customer. Used car dealer software helps to manage your car business.

Used Car Dealer Software

What are the steps for starting a used car dealer business?

Before you begin your business you need to decide to want you to want to deal with new or used cars. In the case of new car dealers, the investment will be higher. The next step is to create a business plan, the cost of business equipment, research, employees cost and marketing cost etc need to be planned. The third step is obtaining the license for the business. Getting the right salesman and right location are the next criteria. The salesman should have good knowledge of the product and also be polite to the customer. The larger the population larger the sale will be. The final step is having the right software to manage your inventory, billing etc.

Why do you need a used car dealer software?

Used car dealer software helps to increase the efficiency of the dealership business. The used car dealer software helps in the process of product ordering, inventory management, sales and customer tracking, dealer networking and other functions that helps to ease the activities of the car dealership.
Used car dealer software helps to manage appointments through the CRM software. It takes all the data and makes sure that the employees can make better decisions. Running the car dealership business is a difficult task. A used car dealer software can help to consolidate all the separate systems into one software and helps the entire staff work in harmony and increase revenue.
Used car dealer software helps in managing the day to day operations of the business. Any financial transaction should be traceable from origination to completion. All sales should be recorded, all cash and checks deposited, all receivables logged. Tracking cash can be a big problem for dealer management.
Car dealership be it new or used car dealer requires inventory management. The cars need to be kept in a godown and the inventory management feature should keep a track of the vehicles that are in the showroom and those which have been sold.
The car dealer needs to know his profit earned on the sale of the car. The profit per car calculations can be easily done with the software.
Car dealership business usually has a workshop associated with them. The maintenance dates and insurance renewal dates are informed to the customer as and when they become due. Automatic reminders can be sent to the customers on the due dates.
The salesman and mechanics work for a commission which needs to be calculated every month. The calculations are done with ease using the software which otherwise was a time consuming and difficult task every month.
Any document pertaining to the vehicle is stored in one place. The documents can be called for at any point in time. This helps in saving space and time for maintaining the documents.
Any business works towards achieving success and making profits. Car dealership business is no exception. The car dealer needs to know if his business is making profits. For this, all the expenses and receipts are recorded in the software and the reports generated helps the dealer make an analysis of his financial position.

Which software suites best for Car dealership business?

Moiboo software is a cloud-based software which has been customized for the car dealership business. It streamlines and automates all the day to day operations of the car dealer business. It ensures the smooth running of the activities and sees to it that the car dealer spends more time on important tasks rather than time-consuming tasks like billing, invoicing, inventory management etc which usually take most of the time of the car dealer.

Features of Moiboo software

  • Digital agreements
  • Invoicing
  • Consignments
  • Profit per car
  • Multi-currency
  • Vehicle management
  • Purchases
  • Document management
  • Mobile App
  • Accounting
  • Commission calculation
  • Floor credit management

Conclusion

Moiboo software helps in minimizing a lot of admin work and shift focus on sales. The mobile app feature helps the car dealer access his business from anywhere.

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