|By Marketwired .||
|January 22, 2014 06:01 AM EST||
NEW ORLEANS, LOUISIANA -- (Marketwired) -- 01/22/14 -- Quorum Information Technologies Inc. (TSX VENTURE: QIS) (Quorum) announced a new initiative today that it calls "Make More Money" (or M3). M3 is a set of "toolkits", each of which combines four elements:
1. Functionality within XSELLERATOR, Quorum's flagship dealership and customer management system 2. Specific corresponding processes and work-flows 3. A practical guide to successfully implementing the software and process 4. A specific management measurement method to monitor the dealership's activity and monetary results for each.
After a brief pilot period with a limited number of dealerships, Quorum has now developed ten (10) M3 Toolkits within XSELLERATOR and the initial dealerships have experienced remarkable results. In aggregate, they are averaging well over $50,000 in additional customer-pay revenue per month from service and parts alone.
According to Maury Marks, Quorum's President and CEO, "It all started with a deep examination of how certain successful dealerships were utilizing key revenue-oriented features within XSELLERATOR. From there, we have literally changed the culture within Quorum to focus on how we can help our customers use our system to generate revenue and customer satisfaction for themselves."
Mark Allen, Quorum's Vice President of Sales, Marketing and Services, added, "What M3 does is turn the DMS value equation upside down. Dealers can now rightfully expect their DMS to make money for then and demonstrate a return on investment, not just treat it like an expense that they need to manage. We've figured out how to do that, and give our customers the management tools to make sure they continue to be successful at it."
"We are showing the XSELLERATOR M3 toolkits, and some examples of real-world results, in our booth (#6031) this year at the NADA conference in New Orleans. We encourage dealers and managers to come by and take a look for themselves," Allen concluded.
Quorum is a North American company focused on developing, marketing, implementing and supporting its XSELLERATOR product for GM, Isuzu, Chrysler, Hyundai, KIA, Nissan, Subaru, NAPA and Bumper to Bumper dealerships. XSELLERATOR is a dealership and customer management software product that automates, integrates and streamlines every process across departments in a dealership. One of the select North American suppliers under General Motors' DTAP and IDMS programs, Quorum is the second largest DMS provider for GM's Canadian dealerships with 25% of the market. Quorum is a Microsoft Partner in both Canada and the United States. Quorum Information Technologies Inc. is traded on the Toronto Venture Exchange (TSX-V) under the symbol QIS. For additional information please go to www.QuorumDMS.com.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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