The Challenge

The business office holds the weight of the dealership on its shoulders. Without it, the dealership simply doesn’t open and close day in and day out. Deals don’t get funded, statements don’t get reconciled, vendors don’t get paid, and receivables don’t get collected. But all of these tasks are manual and put a strain on cash flow:

  • Deal jackets are manually reviewed and checked for all required signatures and documents.
  • Contracts are manually packaged up, and you pay to send them overnight to lenders. Deals are funded days or even weeks later.
  • Receivable statements are printed and mailed with an expected payment in 30 days.
  • Checks are written for payables in batches, meaning many are paid before they are due.
  • Credit card transactions are reconciled at each terminal at the end of the day.

The Solution

Retail Anywhere is a dealership-wide approach that utilizes the Retail Management System, allowing your dealership to work with customers – whether in-store, online, or both – without sacrificing what’s important to your dealership: control and profitability of the sale, accuracy of the transaction, and efficiency of your employees.

Image collage of ReyPAY, Accounting Electronic Communications, and eContracting

The Benefits

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Control and Profitability of the Sale

Retain control of cash flow with a digital business office, including sending deals for funding electronically to lower CIT times and increase margins.

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Accuracy of the Transaction

Complete reconciliation from a single location in seconds, eliminating the time spent at each terminal, manual entry, and exhausted efforts researching errors.

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Efficiency of Your Employees

Review and fulfill deals simultaneously to speed up the funding process, and streamline both accounts receivable and payable through electronic invoicing and payment batches.

How to Retail Anywhere in…

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