Monthly Management Information
Accurate and timely monthly management information is required within every dealership - and to facilitate this, the Dealer Management System needs to be utilised effectively, with the correct controls and procedures in place at all times. Most assignments are bespoke, though typical areas of assistance requested by clients include:
- DMS implementation / rectification of poor DMS implementation
- DMS migration
- Development and design of management information reporting tools
- Management Accounts formats (mapped to individual DMS packages)
- Cashflow and Working Capital maintenance
- Budgetary and forecasting tools
- Implementation of operating control monitor reports (and assessing performance through follow-up)
- Daily Operating Controls
- Weekly Operating Controls
- Vehicle Stock Profiling
- Forensic accounting enquiry - through knowledge of the specialised DMS packages
- Assistance with monthly management accounts production
- Training for newly appointed accountants (familiarisation with the DMS)
- Short to medium term cover for members of the finance function.
- Implementation of effective month end procedures