Effortlessly Manage Your Auto Sales Receipt for Management

Auto sales receipt for Management

hey what's going on guys welcome back this one's part of the softwares and applications needed uh to run a used car dealership right so here are five of the most popular softwares and applications needed to operate your used car dealership okay we're going to begin with one of the most important ones which is going to be a DMS software or a dealer management system a DMS is basically a software system that helps you manage all aspects of your dealership including your inventory sales Finance and Accounting you can get forms Etc also serves as a CRM which is a customer relationship management software sometimes or most of the time this is usually where you're going to find all your legal forms and everything you need to print out right so here are some examples of the most popular DMS softwares that are out there that are used by car dealerships and most car dealerships uh use these I've used these at least once so I confirm that these are car dealerships okay so first we're going to begin with Finance Express which is now known as dealer socket which is a DMS that includes most features like Inventory management CRM marketing automation sales and finance tools too right sorry about that you can print forms contract deals keep track of customers keep track of cars through this app you can also do the same thing with other apps this one next one is called V Auto it may have a different name but most people know it by V Auto and it's owned by Cox Automotive and vuto is a DMS that specializes in Inventory management in pricing optimization helps you and helps dealerships optimize their vehicle inventory pricing and then it helps you improve profitability when you know how to price your cars properly and you know how to buy your car properly with tools like forecasting and uh tools that will let you see the performance and what kind of performance the car you're buying or selling is going to do at the auction so you can see you know what kind of uh see if the numers are going up or going down based on demand Etc now number three is going to be a program called dealer track this is the most widely used one to go ahead and submit applications a similar one is called Route One okay so these are the ones that most car dealerships Nationwide use so dealer track and Route One are both a DMS software and system that offers features that will help you keep track of your customers credit applications and compliance tools I believe some will let you keep inventory management but I think that's something extra that you have to talk to them about but it's mostly a CRM for credit applications keep in trap of your customers and helps dealership manage the sales process stay compliant with industry regulations when it comes to finance so this is what most dealerships use to submit applications you can keep track of the whole thing from the beginning to the end from the active status to where it's funded contract returned or contract completed Etc you know this next one is called Fraser which is a DMS that offers Inventory management sales and finance tools accounting it's basically like all-in-one shop designed specifically for independent use car dealerships you're going to find all the deal forms and all the legal forms that you need um you can keep track of customers keep track of of deals keep track of sales everything this is the um app you need to get uh to submit forms to the state like your taxes monthly taxes or yearly taxes you can find them in Fraser all your legal documents so basically to sum it all up it's a all- inone tool to help specifically designed to help small independent use car dealerships now there are plenty more uh you may know some that I don't know that I mentioned here and the last one so I don't make this video long is called car for sale car for sale is also a DMS with featur features to keep track of your inventory keep track of customers and keep track of fored applications they help you host your website and much more design your website make it mobile friendly and it's very inexpensive for what you get actually and they help your inventory be distributed to so many free classified websites right so these are the five most common softwares and applications that you will find every dealership Nationwide using um you can find them about motorcycle dealerships you can find them about RV places and um all these have a certain pricing monthly depending on what kind of dealership you're at so be sure you start at the right level some of them are more advanced than others if you're a small dealership barely starting out we suggest you use Fraser is the best most cost- effective one I don't get paid for promoting it you know so we suggest you start off at the right level please be sure you start off walking before you run you know so learn and do your research so with this are my two cents for today so I hope you learned something today we'll hit you up on the next video I hope you hit that like And subscribe uh thank you so much for watching once again all righty I'm going leave you with this