Way back in 2020 at the NADA Show in Las Vegas I spoke about the benifits to auto dealers using the CPay Plus system, now called Repay. The name may have changed but the great stuff they do hasn't and they are doing even more for dealers these days!
Dealerships are complex businesses with many moving parts. One crucial aspect of a successful dealership is managing accounts payable (AP) efficiently. Fortunately, Repay Realtime Electronic Payments provides a solution for dealerships that can increase efficiency and save time.
With Repay's AP system, dealerships can streamline the entire payment process. Repay's electronic payment processing eliminates the need for manual check writing and mailing, which saves time and reduces errors. Additionally, the system can automate payment approvals, routing invoices to the correct approver, and generating notifications for missed or late payments.
The benefits of using Repay's AP system don't stop there. The system can help dealerships reduce their processing costs, such as printing, postage, and paper checks. And, with real-time payment processing, dealerships can keep track of their accounts payable balance and make payments on time, avoiding late fees.
Furthermore, the integration of Repay's AP system with the DealerBuilt DMS provides dealerships with a comprehensive view of their accounts payable data. Dealerships can view invoice details, payment history, and other relevant information from one centralized location, making it easier to manage their finances.
Repay Realtime Electronic Payments' accounts payable system is an excellent solution for dealerships and can help increase efficiency, save time and money, reduce errors, and provide a comprehensive view of their financial data. By using Repay's AP system, dealerships can focus on other areas of their business, such as sales and customer service, and grow their business. Want to know more or see a demo? Lets talk!
Mike theCarGuy, Purveyor of Awesome
DealerBuilt / Vistadash
Hey there, I'm Mike theCarGuy and here are some of my thoughts about cars, the car business and sales! Take a look around, maybe you will learn something or at the very least find your self smiling, and if you do... leave me a comment so I know I at least did something right! Thanks for stoppin by...
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