How would you like to:
- Identify areas of risk in your dealership
- Gain comfort that policies and procedures are being adhered
to
- Pinpoint opportunities on how your dealership can be more
profitable and operate more efficiently
- Receive best practice ideas on internal controls and operations
of your dealership
You can have all of this-and more-with the eCOPS tools
from Auto Team America.
eCOPS is an electronically generated solution that provides
dealers with a comprehensive evaluation of the internal
controls and
operational opportunities within their dealership. This
proprietary technology was developed by a team of CPAs
and consultants
as a result of over 10 years of experience in dealership
consulting.
How Does It Work?
Periodically, at any month end you designate, our consultants
log into your system and safely and securely download the relevant
information needed to perform the analysis. The information
is accessed in "read only" mode, so you need not
worry about information integrity. And best yet, this process
requires virtually no preparation work on the part of you or
your dealership staff. Once the information is downloaded from
your system an experienced industry consultant will review
the information and produce an executive management report
on your operations, internal controls and systems. This will
identify both problems and opportunities for you to explore
with your management group. Of additional importance, eCOPS
may identify potential internal control issues that may leave
you susceptible to fraud.
An invaluable tool, eCOPS is designed to help management analyze
opportunities and strengths in their store and to mitigate internal
control weaknesses. Fast, efficient and economical, eCOPS can
be implemented in your dealership immediately. For more information
on eCOPS and its modules, please contact the professional in
your area.
View Brochure
| Repair Orders with Negative Gross Profit: After running this report we determined that the service
manager was voiding RO's for friends and family. Additionally,
the service manager was discounting work for cash from
two commercial accounts. This fraud cost the dealership
approximately $150,000 over 3 years. When confronted we
found the service manager had a previous criminal record
for theft. The dealership had not done a background check
on this person prior to hiring. |
Voided Document Report:
After running the voided document report we determined
that the parts counter person was voiding invoices and
pocketing cash sales. This fraud had gone undetected for
years. Additionally, the parts manager was stealing parts
and selling them on the black market. These frauds cost
the dealership approximately $250,000 over 7 years. |
|
