What is a Dealer Management System (DMS)?

A dealer management system in plain terms is a software platform dealers use to manage their dealership. Often you will encounter the widely used acronym ‘DMS’ most commonly used for a Dealer Management System; however in some cases DMS refers to dealer management software, dealer management solution or dealer management service. 

What Does a Dealer Management System (DMS) Do?

Dealer management systems enable a dealership to perform all the day to day functions their dealership encounters from sales operations, financing operations, service operations and more; it is important that all these functions of a dealership work together. 

With a DMS, dealers can improve each facet of their business through combining all the tools you need into a single platform. With all the daily transactions your dealership encounters in one place, you can more easily run your business. You no longer need to log-in to separate solutions to manage your inventory, create point of sale invoices, view service history or follow-up on leads. 

Through the software integrations available with a DMS, dealers can manage their entire business in one cloud-based dealership software application allowing business owners to more easily monitor all dealership operations and see the big picture more clearly. The integrations built into the software allows for a streamlined, easy to use exchange of information between all the operational areas of your dealership running through your software.

Your success depends on all departments of your dealership. A dealer management system helps you achieve your goals by creating an effective and cooperative way for departments to communicate, interact and stay informed with transactions happening within other areas of the dealership. A good DMS will save you money, improve the efficiency of your business operations, all while improving the customer experience at your dealership. 

Common Features in Dealer Management Systems

  • Inventory Management 
  • Integrated Accounting with Quickbooks
  • POS & Retail Management 
  • Reporting Tools & Analytics 
  • Customer Relationship Management (CRM)
  • Service Scheduling & Productivity Tracker
  • Repair Order & Billing Estimates
  • Deal Structuring, Forms & Contracting
  • Lead Management Quoting

Uncommon Features of a DMS Available with BiT

  • Multi-location Management 
  • Free Price File Updates From Major Manufacturers & Distributors
  • Slips & Storage Management
  • Available on PCs, Macs, Tablets and iPads
  • No Initial Setup Fee
  • No Contract Term

Why is BiT Dealership Software the DMS for Your Dealership?

When you look across the market at the different dealer management systems available to your business, you will see that a lot of systems provide similar functionality. The question you need to be asking yourself when choosing which DMS to go with is, “Will this company provide me the support and service I would expect?”  

At BiT DMS, our customers are important to us, and our customer support team cares about your business and the day to day challenges of operating a dealership. That is why we work hard to be available when you need us. Helping customers get the best out of their business is what drives us as a dealer management system provider and we continuously are working to find ways to improve our systems for your dealership’s benefit.

 

BiT Dealership Software currently serves the marine, powersports, RV, golf cart, OPE and tractor industries throughout North America and internationally. We care about the day-in, day-out challenges of operating a dealership and are eager to help your business grow through our all-in-one, easy to use cloud-based dealership software.

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