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What is PraktikBid?

PraktikBid is an all-in-one CRM and inventory management solution for dealerships, featuring a range of tools including vehicle auctions, support for various account groups, and full multi-language capabilities, all accessible through a user-friendly administration dashboard that provides numerous modules and functionalities. You can start your experience with PraktikBid Online by creating accounts, placing bids, and freely exploring the platform. When you're ready to gain a deeper understanding, we invite you to contact us to arrange a guided tour of the administration dashboard and its many integrated features. Choosing the right Online Inventory Manager is vital for your business's success, which is why we provide the chance to manage your inventory at no cost using one of our sub-domains. By utilizing PraktikBid, you can optimize your dealership's operations and improve overall efficiency, benefiting from the extensive features designed specifically for your needs. With such a robust offering, don’t miss out on the opportunity to fully experience what PraktikBid can do for you and your dealership.

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.

Media

Media

Integrations Supported

Microsoft Excel
QuickBooks Online

Integrations Supported

Microsoft Excel
QuickBooks Online

API Availability

Has API

API Availability

Has API

Pricing Information

$300.00/month/user
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Intersofts.com

Date Founded

2011

Company Location

Germany

Company Website

intersofts.com/praktikbid-crm/

Company Facts

Organization Name

LBMC

Date Founded

2017

Company Location

United States

Company Website

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

Categories and Features

Automotive CRM

Call Logging
Contact Management
Customer Support
Inventory Management
Lease Management
List Management
Marketing Automation
Product Catalog
Quotes / Proposals
Service Department Management
Showroom Management
Territory Management

Inventory Management

Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

Categories and Features

Auto Dealer Accounting

Buy-Here-Pay-Here
Collections Management
Expense Management
Financing Management
Inventory Management
Lease-Here-Pay-Here
Parts Management
Payroll Management
Recurring Billing
Sales Management
Sales Tax Management
Service Department

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