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Why should I use a Business Intelligence (BI) solution with my parts business if I’m already successful?

Even successful wholesale businesses have the opportunity to grow by using BI tools.

You have a successful wholesale business which means you also have a lot of customer accounts. Due to the volume of accounts, you’re often at risk for potentially dropping the ball with one or more of them.

Even if your wholesale business runs like a well-oiled machine, it’s always best to think ahead about opportunities to grow your business rather than resting on your laurels.

There are systems in place that help you track the parts business with your shops. Dealerships use DMS programs to perform this function, however the reports can be cumbersome to run and you still need to sift through the information and take time to understand what it’s telling you about your business.

A BI solution is specifically built to take the hard work out of the process. Not all solutions are identical, so you’ll have to do your research to see which solution fits best with your business objectives. Choose a solution that enables you to quickly understand your parts data to help meet your business goals without adding more applications or workflows. You don’t want to work harder, just smarter.

PSXLink allows you to quickly pull month-over-month data or have reports delivered to your inbox with all the information you need to make smart and fast decisions for your parts business. PSXLink helps you understand customer buying behaviors and take action before those customers stop buying, or provides the insights so your team can engage with your customers to capture more OE parts business. You get exactly the information you need and want, when you want it, to help increase OE parts sales and keep ahead of the trends to capitalize on more opportunities.

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