Procede Software Launches Excede Asset Administration, a Powerful Option that Provides Value by Automating Essential Dealership Finance and Accounting Techniques
The application extends the performance of Excede DMS and was created in shut collaboration with dealership finance groups to streamline motor vehicle depreciation, financial loan payments, and expense amortization.
SAN DIEGO, June 22, 2021 /PRNewswire/ — Procede Software, a top large-duty truck and industrial car dealer administration procedure (DMS) and methods service provider, now announced the launch of Excede Asset Management. Creating on the powerful basis in the Excede DMS accounting module, Asset Management allows dealership finance and accounting staff members to take care of vehicle depreciation, observe payments, and cost amortization within just the system, and gets rid of the use of guide processes and spreadsheets to aid these functions. The answer reflects Procede Software’s ongoing motivation to adding value by extending the capabilities of the enterprise technique and its functionality—without introducing costs to the dealerships.
Important functionality in the Excede Asset Management application includes:
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Depreciation: Manage car or truck depreciation as a single entry or by module, and immediately observe reserve worth and amassed depreciation.
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Take note Payment Help: Handle month to month debit/credit history accounts instantly after personal loan documentation is entered.
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Amortization: Set up an originating journal entry, backlink to it in the application, and as soon as entered, Asset Administration will utilize the set up to all autos in the originating journal entry.
“At Procede Program, we are committed to offering increased value to our shoppers devoid of incorporating fees, by establishing functions and enhancements that assistance dealerships of all sizes run a lot more proficiently and proficiently,” stated CEO Larry Kettler. “Excede Asset Administration extends the abilities of Excede DMS by simplifying and streamlining intricate finance and accounting processes, which is just one particular of the several strategies we pay attention to our shoppers and develop modern answers across the overall system.”
The application was formulated in shut collaboration with much more than a dozen finance and accounting groups across a wide selection of commercial car dealerships and was beta examined and piloted by contributors in the Excede Insider System. “As we labored with our buyers and listened to their desires, we heard that being able to execute these significant processes within just the Excede DMS system would conserve time, improve precision, and assistance them additional carefully take care of these places,” said Mark Calkins, Senior Merchandise Manager. “For the reason that each and every dealership is distinctive, we created flexibility into the process that permits them to optimize efficiency primarily based on their distinctive techniques.”
“Asset Management is a highly effective software package resolution that is serving to to simplify our workflow as perfectly as boost productiveness and efficiency in our division. Every little thing from tracking take note payments and putting up desire fees, to publishing our regular monthly depreciation costs, is being revolutionized using this new alternative,” claimed Jared Stigler, Leasing Supervisor at TAG Truck Centre/Lonestar Truck Group.
Asset Management is fully built-in with Excede Accounting and can be operate as a standalone browser application or be embedded within Excede DMS. Dealerships interested in understanding additional about the browser software should speak to the Procede Software package Revenue staff. Current Procede Application shoppers who would like to have the application executed must basically post a ticket in the Client & Resources Portal (login demanded).
About Procede Software program
Considering the fact that 2001, Procede Software package has been a top company of business-amount Dealer Administration Options (DMS) for the heavy-responsibility truck and ancillary markets. Serving seller locations all over the United States and Canada, the industry’s major dealerships belief Excede to run their enterprise because of its full functionality throughout all dealership departments, high reliability, and sturdy integration with their OEM vendors. Procede Computer software is a Microsoft Accredited Gold Husband or wife: Excede, its impressive DMS, leverages the power of Microsoft® SQL know-how to give advanced Windows® and browser-based mostly purposes with serious-time info.
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