Imagine that you have a potential buyer in your showroom quite eager to test drive a vehicle that’s been sitting in your inventory for too long.

But then you can’t find the keys.

KEYper Systems and TrueSpot now are working together to prevent that hypothetical scenario from happening.

KEYper Systems, a leading provider of electronic and mechanical key management systems for the automotive industry, and TrueSpot, a leader in tracking and mapping for dealer systems, announced the availability of an integration between the two companies to extend geo-intelligence to key management platforms, adding even more trackability for automotive dealers to locate, assign, and manage their assets.

According to a news release distributed on Monday, the collaboration between KEYper Systems’ patented MX Electronic Key Management platform and TrueSpot’s patented Geo-Intelligence tracking technology can allow users to significantly reduce overhead costs by locating lost or misplaced keys and assets while increasing productivity.

Additionally, the integration can provide reporting functions through biometric and PIN control access options that track an asset’s removal/return from the system, date/time stamps the occurrence, capture an image of the user at the time of transaction and improve critical operations such as reconditioning, lot management and sales engagement.

With almost industry-wide integrations into Dealer Management System (DMS) and inventory partners, TrueSpot is looking to empower the next generation of operations for dealerships across North America.

Together with KEYper, the partnership can also be networked to other dealerships, a benefit for those with multiple locations.

“It is my pleasure to announce that KEYper Systems’ MX solutions can now be used with TrueSpot’s Geo-Intelligence tagging. TrueSpot is known for their Real-Time Location Services and our partnership offers next-level support and benefits to our customers,” KEYper Systems president Steve Baucom said in the news release.

TrueSpot chief executive officer Mike Hanna added, “TrueSpot’s strategic relationship with KEYper Systems furthers our collective leadership in geo-location solutions for auto dealers.

“TrueSpot’s Real-Time Location Services can reduce key loss costs by 95% or more, and when integrated with the KEYper solution, we will combine the best of both worlds for dealers everywhere,” Hanna went on to say.