A utomotive Original Equipment Manufacturers (OEMs) require an administration system that can offer scalability, exceptional customer experience, and innovative technology to help them grow, which is why so many OEMs have chosen PCRS to automate the lifecycle of their F&I products.
Our first major OEM selected PCRS as their global platform in 2012 after PwC recommended it as the most comprehensive administration system on the market. They came to this decision after conducting a 6-month study that analyzed over 40 vendors in the space.
Since then, PCRS has enabled many OEM customers to launch products globally, expanding into new markets like Canada, Europe, the Middle East, and more. This has enabled our software to evolve with enhancements specifically catered to help OEMs gain a competitive advantage.
Below are some of PCRS’s features and functionality that were built for OEMs:
With our custom interfaces, there are countless opportunities to grow and scale. See how PCRS maximizes OEM processes below:
OEM incentive program based upon vehicle penetration (RDR)
A link on your OEM portal
GL/AR SAP interface (debit & credit card level)
F&I reporting as a percentage of new vehicle sales
Billing through the parts statement
Interface to import OEM parts and labor times to automate claims
Field and BDM reporting
CFC and NCFC reinsurance module
OEM Service Drive
Sales Channel Control
PCRS offers a hub for your dealers to offer best-of-breed products to instantly diversify and expand your sales channels by connecting real-time to other PCRS systems or connecting to new ones.
Connect with other providers to offer additional products
Present all of these products on one PCRS screen for your dealers
Administer claims or take a hybrid approach of outsourcing claims for specialty products that you still want to bill for
This approach provides you with one consolidated system.
Dealer Claims Submission
These capabilities allow OEMs to have a direct relationship with consumers, lenders, and dealers, automating and streamlining processes.
Streamline Claim Entry
Automated Adjudication Rules
Workflow to Support Processing
Email Alerts to Stakeholders
Audit & Risk Management Reports
Consumer Portal to Initiate Claim
Lender Portal to settle claims faster
Gets payments to lenders and consumers quicker
Benefits You Can’t Ignore
Complete visibility for the administrator, dealer, and dealer group to see sales and cancellations in four key areas of the dealership:
Dealer Consumer Portals
Finance shop at home buy your car portal
Centralized Billing & Accounting
Centralized billing and accounting allows the dealer to receive and pay for a single invoice, which leads to additional automation that reduces administration expenses.
Comprehensive Participation Statements
Comprehensive participation statements for F&I managers who make the sale and dealer incentive programs for achieving targets.
Multiple Currencies and Languages
Our global platform handles multiple languages and currencies.
Protected from market disruption, PCRS risk management enables compliance, acquisitions, and management changes.
Receive best in market products while maximizing pricing and underwriting results.
New Dealer Technology
PCMI’s advanced technology anticipates customer needs and provides comprehensive features for maximum results.
With over 140 API connections, reduce integration costs with our open sales platform.
PCRS is a cloud-based solution that offers a flexible package for the administration of F&I Products, Service Contracts, and Extended Warranties.
Our software features countless modules including Open Sales Platform, F&I Reporting, Policy Administration, and Risk Management that are all completely customizable to meet your company’s unique needs.
We’re excited to show how our scalable system can allow users to enhance business growth and streamline integration. Click below to learn more about how our technology can enable you and your team.