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Dealer Performance Management System. Torque IT Solutions. Dealer performance. DPMS – a holistic dealership performance tool. DPMS – benefitting parties. Effective consolidation of key data into one dashboard Improve process adherence at dealers Drive performance culture at dealers
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Dealer Performance Management System Torque IT Solutions
DPMS – benefitting parties • Effective consolidation of key data into one dashboard • Improve process adherence at dealers • Drive performance culture at dealers • Readily available data for varied analysis purposes • Daily performance management , complements monthly in hindsight DMS based reporting. • Transactional transparency (e.g. RoI per transaction) • Sales/F&I process support • No more Excel reporting/consolidation • Automated and controlled commission management • Reduced errors = cost savings • Improve process = profit increase • Add value to dealership • Drive F&I as integrated step in sales process • Overall dealer performance enabler, not F&I isolated approach • Add value to dealer and distributor by supporting total value chain • Create integrated process efficiencies, create convenience, become finance provider of choice
System interfaces and flexibility • Different levels of data granularity • Configurable report views • User rights can be determined on dealership level • Interfaces with other systems (e.g. POS, DMS) • Limit data inconsistencies and double data entry • Data synchronization with main accounting system after month-end • Cloud based service benefits
DPMS Sales and F&I approach Possible handover to F&I
Gap analysis example $ 188,500 = Lost opportunity
Performance management based on KPIs (F&I example) * F&I income per contract financed ** F&I income per retail unit