How UAE Motor Dealers Can Improve Reporting

26 Oct 2021 Helpful Tips

To be successful buying and selling cars in the UAE, dealerships must have a centralised reporting solution that quickly tells you what you’re doing well and what areas need improvement. With competition constantly increasing, the days of relying on gut feeling is over. If dealerships don’t have accurate data to base future business decisions on, you could risk losing thousands.

Recent data released by Small Business Administration shows 60% of car dealerships will fail after four years due to poor management. Many dealerships in the UAE fall into the trap of reporting different areas of the dealership in multiple systems. The problem with reporting key areas in different systems is you don’t get an accurate overview of your dealerships current position.

With so many key areas to report on, the only way you can report on each area successfully is by using a dealer management system. The benefit of using a dealer management system like EasyCars, is it centralises your dealerships reporting and automatically generates specific business reports that you need.

Here’s how EasyCars dealer management system can improve your reporting:

Centralises your dealerships reporting:

How long do you spend creating reports for your dealership? Are you reporting different areas of your dealership in multiple systems? If you do, you know how fragile and time consuming the process is. Making one mistake can cause a variety of different issues and could take hours to fix.

Dealership reporting needs to be fast and easy! Dealers should be able to access vital information instantly, without needing to do any administration work. Let’s face it, dealers don’t have time to manually create and analyse reports anymore – you have more important things to do.

The benefit of using a Dealer Management System is you can automate your entire reporting process. Business reports are pre-populated in the background as you buy and sell – You don’t need to do anything.

In the click of a button, you can export reports on different areas of your dealership including stock sales, profit, loss, stock, VAT and so much more.

Customisable to your Dealership:

No two dealerships are the same, what works for your dealership may not work for another. There is no point using a system that gives you standard template reports. Your reporting needs to be catered for your dealerships specific needs.

EasyCars provides dealerships with a customisable reporting feature – directly catered for your dealerships unique preferences. EasyCars reporting can tell you valuable dealership information that cannot be produced on other systems. Dealers can view individual salesman figures, leads, contacts, revenue generated and much more.

Whatever unique area of a dealership that you want report on - you can automatically generate that report using EasyCars dealer management system.

Identifies areas of improvement:

The biggest problem with using multiple systems for reporting is you don’t get a clear understanding of what’s working well for your dealership and what isn’t. This can often lead to mistakes going unresolved for far longer than they should be.

Using a dealer management system - you can generate specific or overall reports as frequently as you choose. The quicker you can identify areas of improvement the quicker you can act on them and minimise damage.

Integrates with Xero Accounting:

How often do you have to follow up with your accountant about reporting? A common frustration for many dealership owners and accountants is locating vital dealership information such as invoices, overheads, and payments.

A dealer management system like EasyCars integrates with popular accounting package Xero. The benefit of integrated accounting is all financial information is instantly synced accurately from one program to the other without human input.

Integrated accounting removes your accountants need to physically locate files – speeding up their process and lowering your fees.

Final Word,

For any business to be successful you need to have strong and accurate reporting. You need to be able to quickly access business data and make strategic decisions that put your dealership in a better position for the future. A dealer management system simplifies dealership reporting, gives you more time to focus on sales and puts your dealership into a better position for the future.

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About EasyCars

EasyCars by Jeal is a web-based dealer management system that automates the buying and selling of cars in the UAE. Using the latest technologies EasyCars removes common frustrations faced by motor dealers in the UAE.

EasyCars includes all your everyday needs like Stock management, Automated Advertising, Government Compliance, VAT Calculations, Business Reporting, Website listings, and accounting – everything you need to operate a successful motor dealership in the UAE.

For a free no-obligation demo of EasyCars submit the form below.

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