In an effort to get dealer units seen in as many places as possible, Dealertrack Technologies introduced new-vehicle pricing and multiplatform listing tools for its Inventory+ solution on Monday to help dealers better manage new-model and wholesale inventory.

The company explained the new Multiplatform Listing tool can allow dealers to launch wholesale vehicles on all major online auctions — at the same time — from one platform. When a vehicle is sold on one of the auction sites, the Dealertrack tool can work seamlessly to remove the unit from all auction platforms, protecting dealers from double selling inventory and incurring associated fines and penalties.

Dealertrack indicated this tool also can deliver integrated access to wholesale books and transactional values to assist in pricing vehicles to a specific market and maximizing profitability.

“These new inventory management tools expand the capabilities of our Inventory+ solution to help dealers better manage their inventory, further streamline their operations and be more competitive,” said Robert Granados, senior vice president and general manager of inventory at Dealertrack.

“Speed to market, accuracy and efficiency are key components in automotive retailing, and the combination of these new tools and the powerful Inventory+ solution provide exactly that,” Granados continued.

The company went on to mention Dealertrack’s Inventory+ New Car Pricing tool can enable dealers to more efficiently price new models using all of the latest manufacturers' incentives and rebates, as well as competitive market data.

In addition, this tool can support making pricing changes in bulk down to the vehicle’s model and trim levels, reducing the typical repricing process by days. New-vehicle pricing updates can also be instantly synchronized with the dealer's website inventory listings.

Dealertrack Inventory+ is an innovative and comprehensive inventory management solution that can deliver a comprehensive view of data insight and analytics with rich mobile and workflow capabilities for dealers.

For more information about Dealertrack’s Inventory+ and these new tools, visit www.dealertrack.com/inventory+.