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News and tips about
the automotive industry

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Financial reporting is critical for car dealerships, as it provides insight into their health and informs decision-making. However, financial reporting can be a complex and time-consuming process, which can pos...

Without the right tools, car dealerships aren't going to succeed. You can have all of the talent needed in your teams to help fuel success, but you also need to give that talent the right solution to make the m...

As a Financial Controller, you're responsible for keeping a dealership afloat and operational. After all, if there isn't any cash flow, everything will grind to a dramatic halt, from payroll to stock management...

The automotive industry is known for its razor-thin profit margins, making it critical for dealerships to find effective ways to maintain profitability. In Australia, for example, average profit per car sale ha...

The shift towards hybrid work environments has increased the demand for information visibility across all dealerships. More employees and employers are recognising the benefits of combining in-office and remote...

One of the keys to a successful dealership is effective management, which requires plenty of automation. However, many dealerships rely on outdated technology and processes that only serve to hold them back. If...

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A huge component of successful car dealerships is a showroom that best represents the dealership's brand and inventory. To optimise the customer experience and ...

The automotive industry in 2024 is evolving rapidly, presenting new challenges for automakers and dealerships alike. One of the most significant shifts has been...

Key performance indicators (KPIs) measure progress towards a specific goal. Auto dealerships can use multiple KPIs to measure and monitor business performance i...

Despite the impact caused by COVID-19, the economy is recovering. The pandemic disruption affected almost every facet of the auto industry, causing rampant auto...

To improve your processes and grow your revenue, you first need a clear picture of how your car dealership is performing. Because data never lies, dealers are a...

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