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Armada's professional staff has honed its knowledge and expertise in the retail automotive industry to offer the first-ever comprehensive suite of administrative services to this market. The retail automotive industry has long operated under an antiquated decentralized administrative model. However, pressures emanating from market consolidation, ever-decreasing margins and increasing expenses are forcing dealers to rethink their economic and operating structures. Dealers can now leverage Armada Dealer Service's (ADS) outsourced solutions and consulting services for marked improvements in quality, efficiency and cost savings.
Financial Services
ADS' robust accounting services can lead to tremendous economies of scale in the retail automotive environment. We offer a full range of outsourced accounting functions, including:
- Accounts receivable
- Accounts payable
- General ledger maintenance
- Cash management
- Title processing
- Data entry
- Financial reporting
- Financial statement preparation
- Quarterly Balance Sheet reviews
Human Resources
In the retail automotive industry, a true HR function is often cost prohibitive, yet is crucial to manage compliance and regulatory requirements. ADS makes HR an affordable and strategic asset. Our HRAssist program is comprised of practical tools and resources clients can immediately use in daily HR activities. Covering every aspect of workforce management, our program helps streamline HR administration across the business without breaking the bank.
Our range of services includes:
- Pre-employment screening
- New hire paperwork
- Personality profiling
- Orientation programs
- Compensation and benefits
- Employee database management
- Internal communications
- Exit interviews
- Compliance training
- Employee relations
Benefits Consulting and Administration
Catered specifically to unique automotive dealer challenges, we utilize our proprietary Armada Health Pathwayssm process to guide our dealer clients through a disciplined approach to benefit design, financing, sourcing and plan performance monitoring and analysis. We also help clients implement and administer their benefit program through:
Implementation
- Leading HRIS technology platform
- Supporting turnkey benefit plan communications
- Open enrollment services
Administration
- Connected Resources–online benefit support system
- Toll free HR support and employee help lines
- Full range of COBRA, flex and consumer driven health plan administration services
- Regulatory and policy compliance support
- Eligibility Management
- Integrated Employee Assistance Program
Legal Services
Many auto dealers feel unable to seek legal advice or counsel, even when there is a potential risk, because of exceedingly high legal fees. We provide a cost effective means to handle legal matters, such as:
- Vendor contract review
- Employee relations
- Negotiation
- Risk assessment
- Regulatory compliance
- Negotiation of real estate sales/purchases/leases
Executive Health
Executive Health is a tax-advantaged health compensation program that maximizes the quality of healthcare for your company's most vital assets, key personnel and their families. Executive Health provides expedited access to top specialists, clinical advocacy and medical expense reimbursement for services not covered by the company's sponsored health plan. CLICK HERE to learn more about how Executive Health can benefit both your key performers and your company.
Productivity Software – "CFO Toolbox"
We offer productivity software unique to the automotive marketplace that helps our automotive clients dramatically cut costs and create workplace efficiencies. These products are offered alone or coupled with other Armada services. They include:
- Title Management–Facilitate cradle-to-grave management of title processing, including Outstanding Deals, Title Work-In-Process, and Title Closure, including DMV completion, payoff and SIF tracking, along with detailed reporting of all three phases.
- Workplace Productivity Tools–Address inefficiencies many dealers encounter, including automated Bank Reconciliation, Floor Plan Reconciliation, automated Journal Entry Posting, Financial Statement Memo Reporting and the arduous month-end Archiving Routine.
- Payroll Processing & Posting–Manage payroll either in-house or on an outsourced basis. In a global sense, we have the ability to put a web-based system in place with our Alliance Partner, ADP Employer Services, to handle every aspect of time & attendance, payroll, human resources and benefits administration. Alternatively, some clients choose to outsource portions or the entire payroll function to us. We help each client determine the most beneficial arrangement.
- Schedule Management–Facilitate enterprise-wide sharing of critical information, such as schedules, with comments that are time and date stamped to build a compendium of activity on a given item.
Warranty Parts Mark-Up Program
In most states, dealers are entitled to reimbursement for warranty work at their customer pay rates. However, in many instances, dealers are not achieving maximum reimbursement. We created proprietary software that yields significantly better results than dealers were achieving on their own. Our sophisticated scientific algorithms allow us to determine the optimum mark-up achievable. Then we put our team of auditors to work on the painstaking process of reviewing every eligible and ineligible invoice and qualifying part. We then package the results and forward to the manufacturer for approval. We work directly with the factory auditors to ensure that our clients get the outcomes they deserve.
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