Running a successful dealership in the powersports and marine industry means staying ahead of the curve with the right software solutions. From managing financing processes to streamlining customer experiences, the right tool can make all the difference. In this blog, we’ll compare and contrast several prominent software solutions tailored to powersports and marine dealerships, with a spotlight on Credit Apps, Dealer Track, Revvable, Finio, RouteOne, and Tekion.
Pros:
- 1 Click Identity Verification: Simplifies customer identity verification.
- Multi-Factor Authentication: Ensures robust security.
- Dealer Branded Credit Application: Maintains branding consistency.
- Applicant Audit Trail: Provides a complete record of interactions.
- Full Credit Report with OFAC Check: Options for in-depth credit checks.
- Integration with Any CRM or DMS: Seamlessly integrates with existing systems.
- Customizable Workflow Dashboard: Tailors the dashboard for efficient task management.
- Streamlines Lender Submissions: One-click lender form population.
- Cloud Solutions with Unlimited Storage & Document Management: Ensures secure document storage.
- Analytics for Managers: Facilitates data-driven decisions.
- Tools For Every Employee and Every Stage of the Sale: Comprehensive features for all dealership personnel.
Cons:
- Unable to Sign Lenders’ Contracts Digitally: Lacks the capability for digital signing of lenders’ contracts.
- CRM: Boosts customer relationships and sales.
- DMS: Provides dealership management tools.
- Integrated Payroll & HR Management: Simplifies employee management.
- Document Management: Streamlines document organization.
- Digital Transaction Experience: Offers a seamless digital transaction process.
- 1 Deal Jacket for the Entire Financing Process: Efficiently manages all financing-related documents.
- Use Your Own Bureau Code: Flexibility in bureau codes.
- 300+ Lenders: A wide range of lending partners.
- Sign Contract Electronically: Facilitates electronic signing of contracts for enhanced efficiency.
- Digital Payments: Collect payments through various channels.
- Menu-Based Selling: Enhances sales presentation.
- Digital Paperwork & Signatures: Eliminates paperwork with digital signatures.
- Dealer Branded Credit Application: Maintains branding.
- Customer Communications: Facilitates communication.
- Auto Form Fill: Automates form filling.
- Integrations: Connects with various third-party systems.
- Online Finance Approval: Speeds up approval processes.
- Custom Lending Roster: Allows customization of lending partners and business rules.
- F&I Menu Selling: Enhances the F&I process.
- Credit Discovery for Customers: Helps customers understand their credit options.
- Credit Application System Complimentary to Dealers: Offers a free application system.
- Hundreds of Lenders: Provides a wide range of lending partners.
- F&I Process Streamlined with Single Point of Entry: Simplifies the F&I process.
- Desktop and Mobile: Allows access from different devices.
- Hundreds of Dealer Service Provider Integrations: Integrates with various service providers for added functionality.
- F&I Menu Selling: Supports menu-based selling.
- Free Integrations: Offers a range of integrations.
- DMS: Provides dealership management capabilities.
- CRM: Assists with customer relationship management.
- Digital Retail: Enhances the digital sales process.
- Advanced Analytics: Provides in-depth insights.
- eSign: Facilitates electronic signing.
- F&I Menu Selling: Supports menu-based selling.
In the ever-evolving world of powersports and marine dealerships, the choice of software tools can significantly impact the efficiency and profitability of your business. Each solution offers a unique set of features and advantages, so it’s crucial to evaluate your specific needs and budget when selecting the right software for your dealership. Whether you prioritize compliance, digitization, customization, or integrated management, the key is to choose a tool that aligns with your business goals and ultimately helps you close more deals faster while ensuring customer satisfaction.