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How Content Process Automation Is Revolutionizing the Automotive Industry

  • Category: Blog
  • content and process automation
Mechanic using laptop checking up on car engines parts for fixing and repair, Car insurance, warranty, repair concept.

The Imperative for Transition

In the world of auto dealerships, managing the constant flow of paperwork can feel like pushing an F-350 up a steep hill—slow and exhausting! From vehicle registrations and service records to warranty claims and compliance documents, the volume of paperwork can quickly become overwhelming, leading to inefficiencies and lost productivity.

These challenges manifest in various ways across departments. Service managers find themselves scrambling for misplaced repair orders (ROs) while accounting managers struggle to track inventory. Document management solutions can help organize paperwork, but they often fail to deliver a significant ROI. These daily hurdles highlight the need for a more streamlined, automated approach.

Fortunately, content process automation solutions can help dealerships overcome these challenges. Having a single portal for all your documents across departments accelerates audits, automated workflows make employees happier and more productive, and daily reports keep track of every last RO—the net impact: a more efficient, profitable business serving a community of delighted customers that keep coming back.

Auto Dealers Are Up Against It

I don’t have to tell you how competitive the automotive industry is. In a market where every extra dollar of profit counts, dealerships are constantly looking for ways to streamline operations and boost efficiency.

One area that often gets overlooked is document management. Yet, the impact of missing ROs, manual report generation, and cumbersome filing can be significant, leading to delays, lost revenue, and frustrated employees.

Death by 1,000 Paper Cuts

Let’s take a closer look at some of the specific pain points dealerships face when it comes to document management:

  1. Missing ROs: When ROs go missing, it creates a domino effect of problems. Service managers waste time hunting them down while accounting managers are left waiting to process transactions. This not only slows operations but can also lead to lost revenue.
  2. Meeting Warranty Compliance: Auditing typical ROs, which can easily surpass ten pages, can take up to a week. The process is prone to errors and delays, potentially leading to missed payments and financial penalties.
  3. Manual Reports: Generating reports manually is a time-consuming task that takes valuable resources away from more important work. It’s an additional layer of complexity that most dealers would be happy to eliminate.
  4. Filing Nightmares: The task of filing all those reports, ROs, and other documents is a cumbersome one. It’s a productivity killer that can leave employees feeling frustrated and overwhelmed.
  5. Multiple Portals: Most auto dealers use several disconnected portals to retrieve ROs, customer information, warranties, and body shop work. Navigating these various systems is complex and inefficient.

The DocStar Solution

DocStar is a content process automation solution designed to streamline your dealership’s document management and workflow. By providing an intelligent, centralized repository for all your documents, DocStar enables seamless collaboration and automation across departments. Let’s explore how DocStar addresses the common pain points we discussed:

  1. Portal Overview: DocStar gives employees, auditors, and other stakeholders a dedicated portal where they can access the documents they need to do their jobs. Ironclad security and access control ensure end-users only see the documents that pertain to them.
  2. Rapid Document Retrieval: With DocStar, all your documents are in one place, making retrieval a breeze. No more hunting for missing ROs–they’re all in one place, just a click away, available through your web browser on any device.
  3. Automated Filing: DocStar leverages people-centric AI and machine learning to recognize different types of documents, extract critical data, and push them into process automation workflows. It automatically files your documents, from ROs and deals to vehicle registrations and service records, eliminating manual data entry and ensuring accuracy.
  4. Optical Character Recognition: DocStar provides multiple ways to get documents into the system. It can read data automatically from network-based scanners, shared folders, and even email attachments. It uses OCR (optical character recognition) to pull in RO numbers and related info like client names, vehicle details, etc.
  5. Daily Reports Automated: Remember those manual reports we talked about? With DocStar, they can be automated daily. Each evening, service managers and administrators can get email notifications with a summary of the day’s ROs––how many were processed and scanned and how many weren’t! This gives a real-time pulse on what’s happening in the business.
  6. Seamless Integration: DocStar integrates with your DMS and other back office systems via APIs to automatically collect field information. This integration streamlines your workflows and eliminates the need to navigate multiple portals.

What Is People-Centric AI?

DocStar is infused with people-centric AI and machine learning to help staff work smarter and faster. Cutting-edge algorithms are trained to recognize and label similar documents, such as repair orders or vendor invoices, extract critical data, and integrate it into automated workflows. The aim is to augment human capabilities so staff can focus on more complex tasks that require human judgment and customer interactions.

The Benefits of Better Document Management

Implementing a document management solution like DocStar can bring a range of benefits to your dealership:

  1. Streamlined Warranty Compliance: With all warranty-related documents in one place and easily accessible, you can ensure you’re always in compliance and avoid penalties.
  2. Stress-Free Audits: Audits become a breeze with DocStar. Instead of staff scrambling to locate physical documents, you can drag and drop the needed ROs into a dedicated auditor file. Auditors can then log in and access everything they need digitally, cutting audit time from days to hours.
  3. Faster Manufacturer Reimbursements: By having all your documents ready and easily accessible, you can ensure prompt reimbursement. No more delays due to missing paperwork.
  4. Increased Productivity & Profitability: With DocStar automating many manual tasks, your staff can focus on more value-added work. This boosts productivity and, ultimately, profitability. Plus, you may even be able to reduce headcount through attrition, as DocStar customer Coast Counties Peterbilt did, saving $150,000 annually.
  5. Enhanced Customer Service: DocStar allows you to easily include customer names in daily reports, helping to personalize service and build stronger customer relationships. Plus, with a customer portal, your clients can access their vehicle’s service records and warranty information directly.
  6. Easy to use: One of the best things about DocStar is its simplicity. You don’t need a computer science degree to use it! New staff can be trained and effective within days, not weeks. This means you can hire based on superior customer-facing skills, not just technical abilities.
Investment. Businessman Holding Icon with Financial Vision, Strategic Decision-Making, and Growth Analysis on Chart and Networking.

Real-World Results

Dealerships that implement DocStar have seen remarkable results:

  • Coast Counties Peterbilt achieved a 193% ROI and processed 75% more invoices with the same staff after implementing DocStar.
  • Overdrive Heavy Duty reduced AP processing time by 50% and can now process 150-200 invoices in a single day.
  • Lee-Smith eliminated 70% of their file cabinets and greatly simplified their audit process.

Is DocStar Right for Your Business?

If you’re struggling with missing ROs, manual reporting, audit stress, or just an overwhelming amount of paper, DocStar could be the solution you’ve been looking for. With its comprehensive features, simple interface, and proven results, it’s helping dealerships across the country revolutionize their document management.[/caption]

Why not take the first step towards a more efficient, profitable dealership today? Get in touch and we’d be happy to give you a demo of the system.

CONTACT US BOOK DEMO

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