Mississauga, Ontario -- (SBWIRE) -- 02/25/2011 -- Equip-Soft (http://www.equip-soft.com) helps equipment distributors manage growth and improve efficiencies through its rentals, service, sales, parts, and fleet management software. Equip-Soft aligns the best technology with the best business processes. From fleets to forklifts and trucks to power generators, Equip-Soft’s Dealer Management Systems (DMS) allow companies to lower the price point, integrate accounting with core fundamentals, achieve cost-savings, while permitting scalability for future growth.
On Feb 23, 2011, Equip-Soft will present the first in a Reporting Webcast Series: Profitability expectations. In this webcast Equipment Dealerships will look at standard benchmarks in each departments. Best business practices will then be assessed regarding what should and what should not included when analyzing profitability reports.
In this 30-minute session, simple yet effective methods will be explored to improve profitability. Topics will include:
Discussing the top line gross profit expectations
Why one model or set of benchmarks for the entire dealership
When setting benchmarks of profitability; what is being measured?
Why dealership benchmarks be different from one dealer to the next
The Impact of Internal Billing on the Expectations
Why the work order parts are not counted in the service benchmarks
Variations of benchmarking rental based on STR, LTR and Sub-Renting
Webcast Presenter – Guest Speaker – George Keen
George Keen – Senior Consultant, Currie Management. George has worked in the Equipment Distribution field for over 25 years. He has completed projects involving process and profit improvements, specializing in the aftermarket departments of Parts, Service and Rental. George has conducted seminars on various subjects including Parts and Service Management, Performance Management and Incentive Compensation. He has designed performance management and incentive programs for our clients. George has also installed, trained and supported dealership computer accounting software.
To register for this important event go to: http://www.equip-soft.com/NewsEvents/Events/Reporting-Webcast-Series--Profitability-expectatio.aspx
According to Grant Skinner, Vice-President of Equip-Soft, “Customer demand requires that cost controls are implemented to strip away excess cost out of the supply chain. Whether triggered by an acquisition or the failure of legacy systems, equipment distributors recognize that service contracts are an important element of their margins and profitability.” Equipment distributors with a sales force, field technicians, providing supplies parts and short-term rentals, require better ways to monitor, manage, and maintain data. Continuous improvement is a central principle with Equip-Soft; customers gain access to a product roadmap and upgrade path that allows them to find and make improvements in their businesses long after the initial implementation. Partnering with Microsoft Dynamics means that all the benefits of working with an Industry specific software provider, with the backing of the largest provider of business software in the world.
Equip-Soft
htt://www.equip-soft.com
Michelene Maguire
pr@equip-soft.com
905.361.2841