Exclusive Agreement Offers New Data Solutions for Private Dealerships
A new and exclusive partnership could boost the way dealers do business, when it comes to gathering operational data.
NCM Associates on Tuesday announced its partnership with ReverseRisk, creator of what the company called an industry-first Web-based software solution designed specifically for the owners and managers of privately-held auto dealerships.
Under the agreement, NCM will be the exclusive distributor for a ReverseRisk application to be called NCM axcessa, which the company said is designed to capture, assimilate and deliver information regarding cash and asset management, productivity in sales, service and parts, P&L statement, advertising, client opportunities, expense management and compensation management.
By streamlining the gathering of this critical operational data into near-instant reports and near real-time, actionable business intelligence, NCM said, it creates transparency in dealership operations and offers the ability to effect immediate change.
“It is a perfect complement to NCM’s core products and services, as it is positioned as an additional accountability tool directed at the dealership level,” said Paul A. Faletti Jr., president and chief executive officer of NCM Associates. “Auto dealers today are frustrated by the need to log into multiple systems to access information and, assuming they can get the information desired, they then must spend countless hours and resource dollars each month aggregating that data into a format suitable for actionable intelligence; this solution changes all that.
“This platform provides dealerships with the right information at the right time via the right delivery mechanism to the right individual through one access point in less than a minute … all with full transparency across the organization," he continued.
David Spisak, president of ReverseRisk, added, “ReverseRisk partnered with NCM due to its commitment to improving dealer performance and its unique position to be able to discuss how to effect change based on the information presented via the ReverseRisk platform.”