Dealership management system
A dealership management system (DMS) or auto dealership management system is a bundled management information system created specifically for the automotive industry car dealerships or large equipment manufacturers,[1] such as General Motors, Ford, Fiat Chrysler dealerships, and also adapted for cars, boats, bikes, RV, and power sports dealers. These systems contain software that meets the needs of the finance, sales, workshop, parts, inventory and administration components of running the dealership.[2]
One of their functions can be automating tax returns.[3] Other more sophisticated features include online marketing tools and analytics on deals. Newer DMS systems have seen utilization of mobile platforms as well with or without additional software like ClearMechanic,[4] from Clear.
Some dealership management systems are designed for specific industries. For example, although EverLogic is used by many automotive dealerships, it is historically used by the RV and trailer dealership industries.[5]
Examples of DMS systems used in the US are CDK Drive from CDK Global and ERA-IGNITE from Reynolds and Reynolds, also Get My Auto DMS used by independent car dealerships[6][7]
References
- "What is a Dealership Management System? [Features, Picking One, and More]". DIS. 2022-02-10. Retrieved 2023-01-05.
- "What Is a Dealer Management System (DMS)". BiT Dealership Software. Retrieved 2023-01-05.
- Fortier, Wayne (2007-10-01). "Old IRS Rule Creates New Fuss". Ward's Dealer Business. Retrieved 2008-01-09.
- Tony Petruzelli (2012-09-24). "AutoLoop Partners with ClearMechanic to Launch Industry's First "Visual Declined Service Marketing" Program". Retrieved 2021-07-18.
- "EverLogic - Who We Serve Best". EverLogic. 2023-05-08. Retrieved 2023-05-08.
- MarketWatch (2021-05-13). "Automotive Dealer Management Systems (DMS) Market Size, Share 2021 By Worldwide Industry Demand, Regional Overview, Trends Evaluation, Top Manufacture, Business Growth Strategies and Forecast to 2027 with CAGR of 6.8%". Retrieved 2021-07-18.
- "Hyundai Canada picks CDK as digital retailing partner". Automotive News Canada. 2022-12-15. Retrieved 2023-01-05.
See also
Customer relationship management
HOW TO CHOOSE YOUR DEALER MANAGEMENT SYSTEM?
