Digitization offers clear advantages for auto dealerships

With DocuWare, you can easily keep track of repair orders (ROs) and repair history, and flag those with special issues. It’s also easier to identify and close profitable equity deals by monitoring customer data and sending targeted emails. Task lists and email notifications keep staff on top of daily responsibilities more efficiently and enable decision-makers with total transparency to approve, reject or request more information as needed.

DocuWare delivers these key capabilities: 

Transform accounting practices 

  • A dealership group can centralize accounting with real-time visibility into each location’s financial performance.
  • Streamline accounting operations by eliminating manual data entry, more easily sharing documents, and automating accounts payable and receivable.
  • Ensure consistency in financial reporting and eliminate the risk of human error. Reduce cycle time and improve cash flow with digital workflow that enables accounting staff to handle deals that close at the end of the month more efficiently.

Decrease administrative costs 

  • Quickly process sales agreements, warranty claims and financing information by capturing data at the source with electronic forms.
  • Own your data and print documents without extra fees.
  • Speed up the buying process by making sure your F&I department has the signed documents they need to book a deal. It’s possible with convenient electronic signatures.
  • Grow your business without increasing headcount.

Improve security and compliance 

  • Counter cyberthreats and avoid security breaches with state-of-the-art encryption.
  • Comply with data privacy regulations by restricting unauthorized viewing of confidential customer and employee data.
  • Avoid audit penalties by automatically enforcing retention schedules.
  • Prevent loss and misuse by ensuring that documents are captured, processed and stored securely.
  • Reduce financial risk as a result of easier adherence to regulations like the Gramm-Leach-Biley Act, the Equal Opportunity Credit Act and Occupational Safety and Health Administration (OSHA) mandates.