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What is iDMS?

DealerSocket's IDMS is equipped with robust features and boasts a user-friendly, web-based interface, alongside tailored reporting options designed to fulfill your unique requirements. In developing our IDMS, we took into account the specific demands of independent and Buy Here Pay Here (BHPH) dealerships. The system enables mobile access to your web-based account and includes customizable workflows along with over 50 third-party integrations. This comprehensive solution empowers you to oversee the entire lifecycle of vehicles, sales, customers, and payments efficiently. Tailored specifically for independent and BHPH dealers, our web-based inventory management system is exceptionally user-friendly. With its mobile functionality, you can manage your operations anytime and anywhere, enhancing overall productivity through extensive integration options. By leveraging these capabilities, you can significantly streamline your business processes.

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

QuickBooks Online
AWS Marketplace
AutoRaptor CRM
Microsoft Excel
QuickBooks Online Advanced
Sage Intacct

Integrations Supported

QuickBooks Online
AWS Marketplace
AutoRaptor CRM
Microsoft Excel
QuickBooks Online Advanced
Sage Intacct

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
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

DealerSocket

Date Founded

2001

Company Location

United States

Company Website

idms.dealersocket.com

Company Facts

Organization Name

LBMC

Date Founded

2017

Company Location

United States

Company Website

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

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

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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