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What is Dealer Management System mean?
A dealership management system (DMS) or auto dealership management system is a bundled management information system created specifically for automotive industry car dealerships or large equipment manufacturers, such as General Motors, Ford, Fiat Chrysler dealerships, and also adapted for cars, boats, bikes, RV, and power sports dealers. These systems often contain software that cater to the needs of the finance, sales, workshop, parts, inventory and administration components of running the dealership. One of their functions can be automating tax returns. Other more sophisticated features can 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, from Clear.
Examples of DMS systems used in the US are CDK Drive from CDK Global and ERA-IGNITE from Reynolds and Reynolds.
referencePosted on 23 Dec 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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