Michael Thomas

The benefits of having Data consolidation for car dealerships

How data can help car dealerships The automotive industry is in a period of great transformation and data consolidation will help your business by maximizing its productivity, keep reading to find out how Data consolidation for car dealerships is beneficial for your business.   Data consolidation is about bringing all your car dealership’s data sources…

The next big thing: BI for F&I in car dealerships

Business Intelligence for Car Dealerships Business intelligence is a broad topic because it deals with the accumulation of how different raw data interacts in your car dealerships.  Business intelligence makes use of all the different devices, operations, technology, and implementations of the raw data collected by your dealership and analyses it.  We can use this…

How Automated Metrics help maintain future bookkeeping levels | bookkeeping for car dealerships

Due to constant advancement in technology and accounting the future of Bookkeeping and bookkeeping for car dealerships has changed drastically. There has been a tremendous shift in the way the automotive industry does its accounting.  Tracking of car sales and purchases, inventory, payroll, loans and other financial transactions are essential for keeping an accurate financial…

Five Ways to use Live Data for business

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Live data for business is crucial at the best of times, but in a crisis such as Covid19, it could be a matter of life or death. The arrival of Coronavirus has presented businesses with two serious challenges: how do they continue to work remotely, and can they prepare for the coming recession? To meet…

Challenges of Building a Business Intelligence System

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Designing a business intelligence system can be a major undertaking, which is why it’s important to employ an expert third-party provider.  In the digital age, businesses generate data every day from many different sources. This data is valuable and helps increase insights and make key business decisions but keeping track of it can be difficult.…

How Real Time Data Can Help Your Dealership

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In a fast-moving and increasingly competitive world, real-time data will help you reduce costs, avoid risks and make better business decisions. Of all the key performance indicators in your business, few are more important than planning. Every dealership is a complex organism comprising many different moving parts. As such, there are plenty of things which…