Wholesale Funders: Improve Your ESG Credentials and Reduce Your Carbon Footprint

carbon footprint

As a responsible and forward-thinking automotive financing company, you will be looking for ways to reduce your carbon footprint and improve your ESG credentials. You may already have some initiatives in place, such as recycling or using green energy, but there is potentially more that you can do. This article will discuss opportunities for funders…

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The Internet of Things: An Accelerating Opportunity

internet of things

The Internet of Things is a rapidly growing opportunity for businesses and investors alike. With an estimated 27 billion devices expected to be connected to the internet by 2025, IoT is changing the way we live our lives. There are endless possibilities for what the Internet of Things can do. It’s not just about connecting…

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Accuracy is Critical for Stock Management

Ensuring an accurate and precise inventory is critical for success A vital issue for auto retailers and their funding partners is effective stock control. With vehicles selling, and stock changing fast, it can often be the case that systems aren’t always kept up to date, and the vehicles are not where they are thought to…

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What Can Be Done by Automotive Retailers to Reduce Carbon Emissions?

The automotive industry has been a central focus of the debate around reducing greenhouse gases as the growing pressure to act on climate change is building in intensity. Many countries have committed to reducing greenhouse gas emissions to net-zero. Net-zero is the point at which the country is removing the same amount of these climate-changing…

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Digitisation of the Vehicle Audit Process

Digitisation of the Vehicle Audit Process

We conclude this short series (you can read the previous articles here and here) with a detailed examination of how one particular aspect of dealer businesses, vehicle inventory management, is being transformed through digitisation and the use of artificial intelligence. Traditionally, inventory audits have been carried out manually, often by trained auto finance provider staff,…

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Boosting Growth Through Digitisation

Boosting Growth Through Digitisation

Dealers are acutely aware of the challenges that these market movements bring and are, on the whole, ready and willing to invest in digitisation to ensure their businesses have ongoing relevance. For funders, some of which will have seen significant digitisation in other sectors within their portfolios, there exists an excellent opportunity to deepen relationships…

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Growth Through Digitisation of the Auto Finance Sector

Growth Through Digitisation of the Auto Finance Sector

Consumers, newly comfortable with the notion of researching and making significant purchase decisions online, have been at the forefront of driving digitisation in dealerships, but this isn’t the only pressure being brought to bear to accelerate the rate of digital change. Forward-looking dealer businesses are also identifying the significant opportunities to enhance the efficiency of…

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Modern Dealer Audit Technology: the Evolution of Dealer Self Audits

dealer audit technology

The COVID-19 pandemic has further accelerated the adoption of technology-enabled audits by funders, with travel restrictions limiting the ability for auditors to visit dealership sites. However, for some time before then, funders increasingly recognised that traditional, paper-based manual audits are no longer enough, with many floor plan funders exploring new technologies to support the audit…

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Creating Your Stock Audit Plan: What to Check Before You Start

stock audit plan

Deciding to create a new stock audit procedure is not an easy one. Even if you’re upgrading an old framework, numerous options may influence the quality of your future audits. As a result, careful planning may save you time and money in the long run by streamlining and improving the efficiency and accuracy of your…

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