Ratings and Reviews 0 Ratings
Ratings and Reviews 0 Ratings
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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 Dealerslink?
Dealerslink is a dealership inventory management and automotive market intelligence platform designed to help franchised and independent automobile dealers optimize vehicle acquisition, pricing, merchandising, and inventory turnover. The software provides an integrated environment for managing new and used vehicle inventory from initial appraisal and sourcing through reconditioning, retail merchandising, and wholesale disposition. Its inventory analytics combine historical dealership performance, local market demand, vehicle sales velocity, and profitability information to identify stocking opportunities. Dealerslink FastBook supports vehicle appraisals through VIN scanning, comparative valuation data, OEM build information, and vehicle history reports from CARFAX and AutoCheck. Competition View and True Market Analytics help dealerships compare vehicle prices, equipment configurations, and market availability to establish competitive retail pricing strategies. The Dealerslink Marketplace enables member dealerships to buy, sell, and trade retail-ready vehicles directly with other dealers without conventional auction buying and selling fees. AuctionLink provides additional vehicle acquisition opportunities through searches across wholesale auction networks and available auction inventory. ReconCloud supports vehicle reconditioning workflows by tracking preparation activities, coordinating tasks, and providing visibility into the status of vehicles before they become available for sale. AI-powered functionality includes vehicle stocking recommendations, inventory aging analysis, automated photo background replacement, and generation of vehicle descriptions for online listings. Its digital merchandising and inventory syndication tools support vehicle photography, OEM equipment data, pricing updates, listing distribution, and website vehicle detail page performance tracking.
API Availability
API Availability
Pricing Information
Pricing not provided
Pricing Information
$195.00/month
Supported Platforms
SaaS
Supported Platforms
SaaS
Android
iPhone
iPad
Customer Service / Support
Standard Support
Web-Based Support
Customer Service / Support
Standard Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
Training Options
Documentation Hub
Webinars
Online Training
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
Dealerslink
Date Founded
1995
Company Location
United States
Company Website
public.dealerslink.com
Categories and Features
Auto Dealer Accounting
Inventory Management
Categories and Features
Auto Dealer
Buy-Here-Pay-Here
Contact Database
Document Management
Form Printing
Inventory Management
New Car Dealer
New Car Lot
Online Inventory
Used Car Lot
Website Integration
Dealership Management
Used Car Dealerships