Discover how a group of your peers solves the daily challenges of running an auto dealership.
When your Accounting Managers and Controllers thrive—your dealership prospers! Empower your people with better training, technology, and insights.
Your dealership’s back office is easy to overlook when things are going well. But behind the scenes, accounting managers and controllers work hard to keep the lights on and the budgets balanced. Identifying a rock star controller—and elevating potential leaders—can empower your accounting team to improve profits and elevate your entire dealership’s operations. Here are seven quick ideas to build up your accounting team for the optimal back office.
Give your team a structured onboarding program and ongoing training opportunities to keep them engaged. When your accounting team is well-trained and has a clear path to high performance, they can see their role in the dealership plan and contribute to the bigger profitability picture.
Give your accounting team the tools they need to communicate more efficiently with each other and with your technology. Better communication can empower your team to boost efficiency and evolve with time and new technologies.
Provide your team with the infrastructure to adopt paperless processes and digital document scanning. Going paperless improves communication between your teams and departments, and creates efficiencies throughout the dealership.
Your accounting team has troves of data, but they need a way to filter it down to metrics that matter. Empower your team with technology that makes month-end reporting accurate and timely, while also helping them to meet monthly sales and performance objectives and trends.
Adopt digital technologies that eliminate manual processes. When your accounting team is free to work without restrictions that slow their progress and increase the risk of error, they flourish and thrive. New reporting tools that streamline reports and manually compile data with fully automated General Ledger mapping, like Critical Analytics, can increase efficiency and free your accounting team from the burden of manually compiled spreadsheets from multiple rooftop locations.
Accounting team members are usually among those most resistant to technology change. Help them to see their vital role in how technology is implemented and used at the dealership level, and how they can embrace technology to become a more efficient and improve dealership profitability.
Identify true leaders among your accounting team—those who use and embrace technology. Empower them to take the lead when it comes to training new hires, being an ambassador, and rolling out new technology. Find ways to connect your leaders and super users together to unlock the true potential of your team and technology.