ADP Lightspeed, a provider of dealer management solutions, today (Nov. 30) released information on its series of dealer performance studies called “Find Hidden Cash” and announced its plans to present two additional studies.
Since launching the program in July, thousands of dealers have attended web seminars and read the associated white papers available to the entire industry, according to a news release.
ADP Lightspeed used its data collection and the knowledge of 30-year industry expert Hal Ethington to provide industry statistics to help dealers capitalize on commonly missed cash flow opportunities. The four studies, which focused on parts, service, sales and marketing, were made available to the entire industry, to help dealers overcome economic obstacles. (Excerpts also appeared on the RVBUSINESS.COM website.)
“We saw that the information we had accumulated was valuable for the entire industry no matter what dealer management solutions provider they were using,” said Ethington. “This is an important time in our industry. We wanted to help make dealers stronger and saw this as one way we could.”
Due to the popularity of the studies, ADP Lightspeed has decided to add two more areas for the Find Hidden Cash series. The topics are “accounting” and “how dealers are succeeding.” Information on these upcoming studies will be posted, along with the four previous studies, to the Find Hidden Cash dedicated section of the company’s website found at www.adplightspeed.com.
ADP Lightspeed, based in Salt Lake City, Utah, is a part of ADP Dealer Services, which provides integrated computing solutions to over 25,000 auto, truck, motorcycle, powersports and recreational vehicle dealers throughout the United States, Canada and Europe.
ADP, with approximately $8 billion in revenues and 550,000 clients, is one of the largest providers of a broad range of premier mission–critical, cost effective transaction processing and information-based business solutions in selected markets on a global basis.
Please note: The company will hold a free public seminar reviewng the highlights of its first four white papers starting at 2 p.m. Wednesday in the South Wind Lobby Corridor Conference Room 109 of the Kentucky Exposition Center in Louisville, Ky., during the 47th Annual National RV Trade Show.