“Auto Dealership” Posts

How to Save Time and Gain More Visibility Over Your Dealership

How to Save Time and Gain More Visibility Over Your Dealership

As a controller, you wear a lot of hats with the running goal of maintaining visibility over your dealership. Gathering receipts, verifying sales and preparing reports takes precious time out of your day. Over a month, that work could potentially total 18 hours of your time. With a Virtual Terminal, you could save that time (and more) while increasing visibility over your dealership’s many moving parts. A Virtual Terminal is a software service that connects with your payment terminal to digitally record all sales information. Quick, Centralized Access As a controller, you want to have a constant pulse on…

Controllers Save Time With Batch and Deposits Reports

Controllers Save Time With Batch and Deposits Reports

You have a batch report that shows a total of $5,000 that should be deposited into your bank account. But when you check your bank deposit, you only see $4,800. With old terminals, lining up your auto dealership’s credit card sales to its bank account deposits is a nightmare. For most controllers, the frustration is simply due to a lack of information. Why? Because paper batch reports fail to address why the deposit amount differs from the batch report. This could be due to processing fees, chargebacks, charges from Amex or a number of other reasons. For…

How to Be Proactive With Your Month-End Close

How to Be Proactive With Your Month-End Close

Whether it’s a small, mom-and-pop shop or a Fortune 500 company, every business should have a month-end process in place. But processes, however well intended, are only as good as the procedures that support it. Without structure, your month-end close can be a nightmare. Not to mention, you probably face pressure to close faster. So how do you do that? Follow these five tips to make your month-end close a smooth, successful and timely routine. 5 Month-End Close Tips Get expectations from the executives. Procedures can vary greatly from company to company. Get the inside scoop from your boss…

4 Features to Improve Your Controller's Day

4 Features to Improve Your Controller's Day

We understand the hefty responsibilities your controller faces. As the ‘village leader’ she is tasked with maintaining financial order at the dealership, which ranges from producing periodic financial reports to overseeing the maintenance of accounting records. In addition to a lot of necessary prep work, your controller must rely on a system to streamline the process. But what could possibly encompass everything your controller needs to work efficiently? Say hello to our Virtual Terminal. Here are four Virtual Terminal features that will improve your controller’s day: Go Paperless – The Virtual Terminal eliminates paper receipts, plus the time and cost…