What is a Dealer Management System (DMS)?
Dealer management software, in basic terms, refers to a software platform dealers use to run their dealership. Most often, you’ll see the well-known acronym ‘DMS that is commonly used for the term Dealer Management System; however, in certain instances, DMS is used to refer to a dealer management software as well as a dealer management system or dealer management services.
What Does a Dealer Management System (DMS) Do?
Dealer management systems allow the dealership to manage every day-to-day operation that their dealership faces, from finance operations, sales operations as well as service operations it is essential that the various functions of a dealership are carried out together.
With the help of a DMS, dealers can boost each aspect of their business by merging all the tools needed to run their business on a single platform. With all the everyday transactions your dealership is able to handle all in one place, it is easier to manage your business. It is no longer necessary to sign in to different software for managing your inventory. make invoices at the point of sale and view the history of service or follow up on leads.
Through the integrations of software available in conjunction with the DMS dealers can run their entire business from one application for dealership software that runs on cloud which allows business owners to efficiently monitor the entire operation of their dealership and understand the overall picture clear. The integrations integrated in the software allow for an efficient, simple for users to exchange data across all departments of your business running the software.
Your success is contingent on the performance of all departments within your dealership. The dealer management software can help to achieve your goals by creating efficient and collaborative ways for your departments to communicate, interact, and remain updated on transactions occurring within other departments within the dealer. A reliable DMS can help you save money and increase the efficiency of your business processes and improve the experience of customers at your dealership.
Common Features in Dealer Management Systems
- Inventory Management
- Integrated Accounting using Quickbooks
- POS & Retail Management
- Information Reporting Tools & Analytics
- Customer Relations Management (CRM)
- Service Scheduling and Productivity Tracker
- Repair Orders and Estimates for Billing
- Forms, Deal Structuring, and Contracting
- Lead Management Quotation
Uncommon Features of a DMS Available with BiT
- Multi-location Management
- No-cost Price Updates from Major Manufacturers & Distributors
- Slips & Storage Management
- It is available on computers, Macs, Tablets and iPads
- There is no initial set-up fee
- No Contract Amount
Why is BiT Dealership Software the DMS for Your Dealership?
If you take a look around the market and look at the various dealer management software options available for your company you’ll see that several systems offer similar functions. The most important question to be asking yourself before deciding on the DMS selection is “Will the company I choose provide the service and support I’m hoping for?”
We at BiT DMS Our customers are of paramount importance to us. Our support staff is concerned about your business as well as the day-to-daily challenges that come with running an auto dealership. This is why we strive to be there any time you need us. Our goal is to help customers get the most out of their businesses is the main reason we exist as dealer management system providers and we are constantly working to discover ways to improve our systems to the benefit of your dealership.
BiT Dealership Software currently serves the powers ports, marine, golf cart, RV OPE, and tractor industries across North America and internationally. We understand the day-to-day demands of dealing with a dealership and would love to help your business expand with our complete, easy-to-use, cloud-based dealer software.