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mstore dealerships saved an average 2 weeks admin time during August

mstore dealerships saved an average 2 weeks admin time during August

By embracing digital ways of working with mstore, dealerships have saved an average of 2 weeks of administration time on deal files in the month of August alone according to recent analysis. Coming at a time of record trading levels with the added pressure on cost control and meeting social distancing rules, retailers’ faith in digitisation has delivered.

These startling numbers follow analysis of digital deal file and work in progress (WiP) pack usage by mstore dealerships.

Andrew Tullie, MD of Soper Lincoln confirmed, “We’ve just had our busiest July and August on record. We have returned to work with 3 sales administrators which a year ago was 5, and the ability to work remotely when required.”

“In aftersales we were able to process our warranty remotely eliminating any paperwork backlog during/post lockdown. With mstore, we’ve cracked it.”

Read the Soper case study here.

The analysis also looked at usage levels since mstore was launched in car dealerships which revealed that to date, over 11 million documents have been managed by mstore in dealfiles and aftermarket WiP packs saving 52,000 reams of paper costing over £130,000 and saving over 3120 trees. These numbers rise when dealerships also use mstore across other operations such as rentals, affinity / ECOS schemes, finance and HR.

 

mstore for automotive – the numbers*:

There are currently 22 mstore customers ranging single site to top 10 dealership groups.

mstore is installed in 634 dealerships across sales, aftersales and more.

Over 3,000 people use mstore for automotive.

Over 414,000 deal files and 300,000 aftersales Wip Packs have been managed in mstore to date.

11 million documents, that’s over 26 million pages, have been managed in mstore for automotive to date in dealfiles and aftermarket WiP packs alone.

Over 52,000 reams of paper have been saved that would have cost £130,000 or 3121 trees!

 

Impact on productivity and headcount

An average of 5.9 days per dealership were saved retrieving deal files in the month of August by mstore users in sales admin alone.**

Another 6.2 days on average per dealership was saved physically looking through a file to find a document.***

An additional 1.7 days were saved accessing archived documents.****

Read more about mstore for automotive here.

 

*to Sept 2020; figures are on the rise as more dealerships sign up and roll out.

**based on 20 Secs per deal file & 7 hours per day

***based on 3 Seconds per document & 7 hours per day

****assuming the archive was accessible within 5 minutes.

These numbers will be far higher for files that are less accessible off-site, or where it takes longer to find what you’re looking for, there are missing documents or misfiling has occurred.

 

 

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