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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 Centra Auto?

Centra Auto is a cloud-driven customer relationship management (CRM) platform designed specifically for the automotive industry. This software features a comprehensive suite of tools that cater to different segments within the automobile market. It functions as a reliable dealership management system (DMS) for vehicle sales and distribution, and it also serves as an effective workshop management solution for garages. Moreover, it provides a specialized software tool for auto parts retailers and operates as a complete automotive CRM for car rental and leasing businesses. A key highlight of Centra Auto is its highly customizable nature, allowing it to adapt to the specific needs of various businesses. Furthermore, it can effortlessly integrate with pre-existing enterprise resource planning (ERP) systems, which helps avoid data duplication and promotes a seamless workflow for its users. This adaptability and integration capability make Centra Auto a valuable asset for any automotive business seeking to enhance its operational efficiency.

Media

Media

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
Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

24 Hour Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

On-Site Training

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

Centra Hub

Date Founded

2015

Company Location

United Arab Emirates

Company Website

centrahub.com/verticals/automobile.html

Categories and Features

Auto Dealer Accounting

Inventory Management

Categories and Features

Auto Dealer

Collections Management
Contact Database
Document Management
Financing Management
Lease Management
New Car Dealer
Service Department
Website Integration

Automotive CRM

Not specified

Dealership Management

Not specified

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