LOS ANGELES -

AutoManger Inc. recently unveiled a new version of its dealer management software, which includes a new tool for managing flooring costs.

Desk Manager 11.93 also expands on the capabilities of its predecessors with improved profit calculations and universal date/time settings, the company shared.

The company explained that now, dealers who use a revolving line of credit to finance their inventory can use the enhanced product to “effectively manage their flooring balances.

“The schedule upon which these flooring payments are made is known as a “curtailment” schedule. DeskManager 11.93’s new Curtailment screen is a comprehensive dashboard for keeping track of payment schedules, interest and fees,” officials shared.

AutoManager chief executive officer Kami Tafreshi said Curtailment addresses a common challenge for small- to medium-size independent dealerships that many competing DMS products overlook.

“To us, providing a complete software solution means considering everything a dealer might conceivably need,” Tafreshi said. “This is something our clients asked for, and we’re excited to deliver it.”

Furthermore, the updated software includes an “overhaul” of DeskManager’s date and time system.

Now, dealers utilizing the produst will be able to use international time formats when documenting deals, payments and other events.

Officials said DeskManager 11.93 automatically translates these numbers into whichever format is used by your computer.

“As more dealers outside the United States have adopted DeskManager, particularly our friends in Canada, it has become necessary for us to develop a truly international product,” Tafreshi said. “Clock settings might be a novelty on your home computer, but in auto sales, they have a crucial impact on the history of every deal, customer record and inventory item.”

The company noted it has also improved the system’s profit calculations.

Now, any fee that can be added in DeskManager’s the Deal/Trade screen can now be reflected in the profit report.

It’s also possible to divide a single expense across multiple vehicles, either equally or in specific portions, officials added.

Existing DeskManager customers with Support can upgrade to DeskManager 11.93 at no additional cost, the company said.

For more information, see www.automanager.com.