No matter how big or how small your dealership is, you need to have A Dealer Management System (DMS).
I know what your thinking, I only sell a handful of cars every month, why do I need a DMS when I can do everything manually?
In this article we will cover 5 of the biggest reasons why all dealerships no matter the size need a Dealer Management System in 2023.
Let’s get into it!
1. Compliance
Compliance is arguably the most important part of buying and selling Motor Vehicles in Australia. The most frustrating thing about Government Compliance is laws change frequently.
One of the biggest benefits of using a Dealer Management System is it simplifies and automates the entire Government Compliance process. Whenever there is a change to laws or regulations, A Dealer Management System will automatically update your forms to meet the latest compliance requirements, thus allowing you to sell seamlessly and compliantly.
Think about it, if you were doing government compliance manually, you could accidentally miss a government change. Making one compliance mistake can lead to heavy penalties and even loss of licence.
2. Reduces Costs
With costs rising, reducing your dealership’s expenditure is vital for ensuring success and survival. Believe it or not using a Dealer Management System will actually reduce your dealerships costs.
One of the biggest costs for all dealerships is administration. The more time your dealerships staff spends behind a desk, the more sales time you lose. In 2023, your dealership cannot afford to have staff getting caught up performing administration tasks, it will eat into sales and will increase your costs.
Another benefit of using a Dealer Management System is it automates many daily dealership tasks like Stock Management, Advertising and most importantly lead management. Automating dealership tasks will give your staff more time to focus on their number one priority of building and closing sales.
Related Article: How Using A Dealer Management System Can Reduce Your Costs.
3. Accelerates Growth
The number one goal for every business owner is to achieve growth year on year. This might surprise you but using a Dealer Management System can accelerate your dealership’s growth.
Using a dealer management system will give you instant access to vital management reports. The best part? Reports automatically compile in the background as you trade – you don’t need to do anything! Having fast access to beneficial reports will allow your dealership to make better, strategic decisions that increase future growth potential.
In the click of a button, you can see what advertisers are providing a return on investment, what advertisers are not, you can see individual salesman results, profit per vehicle and more. Making better and faster decisions will increase your dealerships’ chance of achieving constant healthy growth.
Related Article: 10 Tips to Set Your Dealership Up for Success in 2023.
4. Increases Efficiency
Let’s face it, in the Automotive Industry time is money. Like we mentioned earlier, the more time your staff spend away from their primary role of buying and selling cars, the more money you will lose.
Arguably the biggest benefit of using a Dealer Management System is it will increase your dealership’s efficiency. A Dealer Management System automates and streamline many daily tasks of running a motor dealership like Stock Management, Government Compliance, Reporting and Advertising – giving you more time to nurture leads and maximise conversions.
5. Centralises Operations
One of the biggest mistakes that so many dealerships make is managing different areas of the dealership in multiple different applications. The problem with doing this is it increases the risk of error and doesn’t paint the full picture.
Using a Dealer Management System will give your dealership one central application to track, manage and record everything that your dealership does. Having a centralised location for all your dealerships management will paint the full picture of what is going on at your dealership, what you are doing well and what areas you may need to improve.
Final Word,
Whether you are a big or a small Motor Dealership, having a dealer management system is essential for achieving success. The 5 examples presented are a few reasons why dealerships of all sizes need a dealer management system in 2023.
We hope you enjoyed reading this article. To read more articles like this, please visit the EasyCars latest news page here.
About EasyCars,
EasyCars by Jeal is an Australian, web-based, dealer management system that automates the buying and selling of motor vehicles. Using the latest technologies, EasyCars removes frustrations experienced at the dealership and opens your doors for greater growth.
EasyCars features include Simple Stock Management, Automated Advertising, Integrated Accounting, Government Compliance, Business Reporting, Facebook Automotive Inventory Ads, Reviews Management, Dealership Websites and more.
To learn more about EasyCars Dealer Management System or to arrange a no-obligation free demo, contact us today on 1300 473 744 or submit the form below.