Readers can register their interest and lock in a demonstration at: CLICK HERE TO REGISTER

KPMG MIS is offering an ‘early adopters’ discount.

Gary Ormond

WE LIVE in the ‘Now World’. We need data now. Information immediately. An era of digitisation and instant gratification in which no question goes unanswered. 

Mobile devices have enabled an astronomical amount of information to be available at your fingertips, no matter whether you’re narrowing down your search on your browser for up-to-the-minute information to answer a nagging question or wondering if a nearby Officeworks is still open. 

Now, imagine how vital this kind of instant intelligence would be if it was your own business’ intelligence and was available within your business at your fingertips. Imagine your own special search engine of automotive intelligence blending widespread industry data with the performance and accounting systems within your dealership, dealer group or OEM. 

Imagine you are in a management meeting pouring over the accounts that the finance team have spent the last few days pulling together. Someone says: “But that was last month; we’ve moved on from there!” 

Sound familiar? But to where exactly did we move? 

Henry Pedersen

The answers to these questions have vexed the team at KPMG Motor Industry Services for many years and the problem became the catalyst that drove the practice to invest in what is arguably the most comprehensive motor industry ‘oracle’ for our clients to take the guesswork out of running the modern and complex car retailing business model. 

Some dealers have already been testing and getting the benefit of the portal but from now on it is available to all industry players who are looking for a platform that can: 

• Securely host all your business intelligence (BI), both financial and operational.
• Take away the pain of sourcing and managing BI.
• Provide meaningful presentation of BI, scalable to each user’s needs.
• Manage and assist the creation of business plans and budgets.
• Facilitate management and department meetings with real-time information.
• Maintain accountability for action plans and operational decisions.
• Develop a culture of transparency, ownership and responsibility within the business.
• Be flexible enough to support the ongoing changes in our industry. 

Whether you need all or even just one of these features, the solutions you require and the answers you seek to run your business are now available in the KPMG MIS Automotive Intelligence Portal (AIP). 

KPMG MIS has defined automated data cleansing processes to gather and manage data from multiple sources and ‘feed’ the Portal virtually in real time, making data management and reporting simpler, easy to use and meaningful to the end user. 

The KPMG MIS AIP fulfils many of the day-to-day management challenges experienced in dealerships and across dealer groups or OEM dealer networks today. 

The AIP offers:

• Customisable, user-defined dashboards that can give you real-time up-to-date intelligence from all your information sources, be they financial or operational.
• Dashboards hosting a collection of charts and tables that give business owners and managers scalable, permission-based insight into the full extent of their respective business intelligence.
• The extensive value of having all financial and operational intelligence on a single platform.
• Transparency and enhanced visibility as all stakeholders are acutely aware of all the intelligence available. Ownership and responsibility is the by-product! This culture shift is created through transparency of the metrics.
• A vast range of reports that each user can customise to suit their respective needs.
• Business owners can now generate reports to compare all parts of the business – whether it’s brand comparison across a dealer group’s network of dealerships or a location-based departmental comparison. The AIP can cater for them all.
• Compare to budget, best practice, national or regional averages, this period/month, last period or month, the AIP can “slice and dice” at the touch of a button. 

In today’s ever-changing automotive landscape, businesses often have a difficult time forecasting and accurately measuring performance against budgets. Our budgeting and planning tool assists by compiling forecasts based on historic performance and seasonality, allowing the users at a micro level to make forecast adjustments simply by ‘pulling on the levers’ that drive those financial outcomes. 

Bringing together budgets and forecasts for all business units in the group, the portal facilitates the measurement of performance against budget/forecast both vertically for all levels within the group, and horizontally across the respective departments or brands within a group. A truly agile budget comparison. 

With the eContact module, action plans and visit reports that are created within the portal are managed and retained, providing opportunity to delegate responsibility while maintaining ownership through follow-up reminders and calls to action until complete. 

This will minimise the opportunity for action plans to slip through the cracks or for ownership and responsibility to wane! 

The special KPMG MIS team of automotive data management and reporting experts are ready to demonstrate the new platform to dealers and OEMs. 

Readers can register their interest and lock in a demonstration at: CLICK HERE TO REGISTER

KPMG MIS is offering an ‘early adopters’ discount.

By Gary Ormond