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What is LIFO Software?

The software designed for LIFO calculations provides an intuitive data interface and boasts extensive databases for both new and pre-owned vehicles. It compiles cost information for all eligible vehicles that are currently in production and available for sale at automotive dealerships, allowing users to accurately document the cost data relevant to their inventory at the conclusion of the fiscal year. Moreover, it utilizes Microsoft Excel® for its reporting functions, which allows for easy integration with various accounting software platforms, such as Reynolds & Reynolds, ADP, and QuickBooks. This solution stands out as not only efficient and accurate but also a budget-friendly choice for managing LIFO calculations within automotive dealerships. Users benefit from easy access to the latest features and enhancements through downloadable updates from the website. Additionally, the application can be set up on either a server or installed as a stand-alone version for individual PCs, providing flexibility for both multi-user and single-user environments. Overall, this software enhances operational efficiency while simplifying the complexities associated with LIFO calculations.

What is BKD?

BKD is a cloud-based customer relationship management (CRM) platform designed specifically for automotive dealerships. It seamlessly integrates customer and lead data with the sales pipeline, facilitating effective follow-up from the first inquiry all the way through to the potential sale of a vehicle. The AI Sidekick feature supports dealership staff during lead interactions by allowing them to send text and email messages in their name, after which they can resume the conversation with the customer for continued engagement. Moreover, BKD boosts operational efficiency with features for calling and power dialing, conducting vehicle appraisals, and connecting dealership inventory to a dealer management system (DMS). This versatile platform accommodates a wide variety of dealerships, including independent operations, franchises, and those specializing in used cars, subprime financing, buy-here-pay-here strategies, and vehicle acquisition services. In addition, BKD's mobile applications enable dealership staff to easily access the CRM on iOS and Android devices, ensuring they remain connected and responsive no matter where they are. With such comprehensive features, BKD empowers automotive dealerships to enhance their customer interactions and streamline their sales processes effectively.

Media

Media

No images available

Integrations Supported

Microsoft Excel
QuickBooks Online

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Not specified

Company Facts

Organization Name

LBMC

Date Founded

2017

Company Location

United States

Company Website

www.lbmc.com/services/technology/software/lifo/

Company Facts

Organization Name

BKD.ai

Company Location

Canada

Company Website

bkd.ai

Categories and Features

Auto Dealer Accounting

Inventory Management

Categories and Features

Automotive CRM

Not specified

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