Infomedia Previews The Next Generation In Automotive Dealership Management Systems.Business Editors/Automotive Writers NARRABEEN, Australia--(AutomotiveWire)--July 23, 2001 Automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. IT developer Infomedia Ltd has previewed AutoLedgers(TM), its online Dealership Management System A Dealership Management System (DMS/Dealer Management System) is a software application which provides management tools to a car dealerships. There is a distinction between software which offers partial management and total management. (DMS (1) (Document Management System) See document management. (2) (Defense Messaging System) An X.500-compliant messaging system developed by the U.S. Dept. of Defense. ) designed to provide automotive dealerships with a break-through, value-for-money method of managing their business. The company gave Australian dealers a "look under AutoLedgers' hood" at the Australian Automobile Dealers Association (AADA AADA American Academy of Dramatic Arts AADA American Academy of Dermatology Association AADA Association for Adult Development and Aging AADA Australian Antique Dealers' Association AADA Abbreviated Antibiotic Drug Application AADA Academy of American Doll Artists ) National Dealer Convention in Surfers Paradise recently. AutoLedgers is the first collaboration between Infomedia's On-line Business Systems Division (formerly On-line Computing Pty Ltd) and this company's Sydney and Melbourne development teams, since its acquisition last December. Speaking at the AADA Convention, Infomedia Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Richard Graham explained that AutoLedgers breaks the mould of what people are used to for DMS functions and costs. "AutoLedgers is the next generation in DMS product with its smart graphical user interface graphical user interface (GUI) Computer display format that allows the user to select commands, call up files, start programs, and do other routine tasks by using a mouse to point to pictorial symbols (icons) or lists of menu choices on the screen as opposed to having to , real-time online delivery into dealerships and reduced total cost of ownership over traditional systems." "AutoLedgers is a sophisticated and innovative approach, which treats the DMS as an information utility. This means a dealer just plugs his PC into a wall socket, and out comes his accounts, inventory, vehicle sales and much more. We call this an information utility, because the applications just flow through to the dealership, the same way its electricity, telephone and water do. And like those utilities, they can just pay for what they use," Graham stated. According to Mike Connor, General Manager of Infomedia's On-line Business Systems Division, AutoLedgers offers dealerships an alternative to the high costs associated with on-site computer centers. "It costs hundreds of thousands of dollars to purchase on-site systems and many additional and on-going costs are incurred through software updates, support costs, IT staff, maintenance fees and hardware upgrades," he stated. "Around the world, dealerships generally have computers for accounting, different computers for documentation, still different EPC (1) (Entertainment PC) See HTPC. (2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). computers and others for office automation tasks. With AutoLedgers, dealers will get a high-performance, high transaction speed DMS, without the expense or technical expertise required to run their own in-house computer center," Connor continued. In one system AutoLedgers provides dealers with a broad range of integrated management applications including sales, accounting and inventory processing, customer relationship management, Internet car sales and OE connections, plus Microcat(R) Fresh(TM) Internet parts catalogs and Datateck online service specifications. On the same PC, AutoLedgers also provides office applications including e-mail, word processing, spreadsheets and task management. "In addition, AutoLedgers brings a controlled version of the Internet to the desktop," explained Connor. "Dealers believe the Internet to be a valuable tool in their business however, to avoid misuse, the AutoLedgers' Internet browser only allows users to go to sites specified by management." AutoLedgers' smart new graphical user interface sets it apart from other DMS' marketed in Australia. The user control center presents a clear visual screen layout and AutoLedgers includes conventions such as `point and click', `drop down menus', and `favourites list', enabling users to be much more productive. "When we release AutoLedgers in October, dealerships will be able to access this powerful system and enjoy the full range of advanced management applications for a single all-inclusive monthly fee, on a per user basis," explained Connor. "There are no extras and no hidden costs." Infomedia Ltd is a publicly listed company, which specializes in the development and licensing of information technology solutions for automotive dealerships around the world. Its flagship electronic parts catalog (EPC) product, Microcat(R), is used in more than 100 countries and 22 languages. Its On-Line Business Systems division provides sophisticated accounting and customer process systems for large and multi-franchised dealers in Australia. Datateck Publishing Pty Ltd, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Infomedia, provides specialized OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and analytical work for parts catalogs and service documentation. The company is listed on the Australian Stock Exchange Australian Stock Exchange (ASX) Australia's major securities market, formed when the six state stock exchanges (Adelaide, Brisbane, Hobart, Melbourne, Perth, and Sydney stock exchanges) were merged in 1987. and its trading code is IFM IFM Institut Français de la Mode (French Fashion Institute) IfM Institute for Micromanufacturing (Louisiana Tech University) IFM Interface Module IFM Instantaneous Frequency Measurement . For further information, or digital images, contact Infomedia Ltd Christine Tayfield, Public Relations Officer public relations officer n → encargado/a de relaciones públicas public relations officer n → responsable m/f des relations publiques , 02 9913 4776 email ctayfield@infomedia.com.au |
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