![]() ![]() If you’re working with generic software, you probably have to make due with an assortment of spreadsheets and written notes to fill in the gaps.Īccurate invoices = better customer service and fewer financial frustrations Even if you have an existing business management software, you still have to set it up to suit your specific needs as an automotive repair shop. Your invoice software isn’t specific to your field. ![]() Conversely, if you use a shop management system that makes it easy for services advisors to auto-apply markups as well as track the results, you can grow your profit margins with clarity and ease. If you do not have a standard method for adding parts and labor markups to estimates and invoices, then your shop will have a difficult time locking in a healthy profit margin. ![]() Your shop might be making a profit, but it’s either inconsistent or low when compared to your profit goals. Streamlined invoicing reduces errors and cuts down on time from job completion to collecting payment. Incorrect invoices slow down the sales process and prevent you from collecting your money. Incorrect entries on invoices can be a major root cause of this problem. If you’re trying to chase customers down for payment and can’t collect your money in a timely fashion, you’ll eventually run into a situation where you have negative or stagnant cash flow.
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