JMsolutions Introduces Innovative PriceDriver Tool into its AAX™ Inventory Management Suite

Deerfield Beach, FL – JMsolutions, a leader in integrated, automotive web-based products and services, today announced the launch of PriceDriver™, a powerful, real-time used vehicle pricing functionality.  This new feature within JMsolutions’ AAX™ used vehicle inventory management system enables dealers to research and competitively price their used vehicle inventories, as well as push out pricing updates to online listings – all within one integrated tool.

“AAX has always provided robust functionality in an easy-to-use format – and with the addition of PriceDriver, we are confident that we are delivering the most complete ‘all-in-one’ pricing solution for dealers,” said Tim Zierden, assistant vice president and general manager, Software Solutions, JMsolutions. 

AAX™ PriceDriver compares every vehicle’s price in a dealer’s inventory to all of their competitor’s prices within various markets by pulling market intelligence, as well as historical data and real-time inventory pricing from AAX™.  It also allows dealers to update pricing on their vehicles across multiple channels, including Internet listings, in one simple step.

“We know that ‘right pricing’ is the key for our dealers’ bottom line.  We listened to dealers and based on their needs, built a best-in-class product.  PriceDriver delivers a pricing tool that shows market data as well as their store’s historical performance with that vehicle so that the best, most informed pricing decision can be made,” added Zierden.

With PriceDriver, dealers can:

• See how prices compare to all competitors and markets for their entire inventory
• Make better pricing decisions using their own sales history and current market data
• Seek out other markets with higher demand and/or market values
• Seamlessly push updated single or bulk price changes to multiple systems with one click
• View inventory pricing vs. market price comparisons for all stores from the quick dashboard view
• Enable consistent pricing with quick views of similar in stock inventory

According to Zierden, the PriceDriver functionality is being offered free to current AAX™ clients who utilize its Local Market Metrics product.

AAX™ inventory solutions is one of JMsolutions’ three-suite family of automotive solutions that offer seamless information exchange between business process applications and marketing communication systems:  AAX™ inventory solutions, CMX™ customer solutions, and SMX™ marketing solutions by DMEautomotive.

About JMsolutions
A JM Family Enterprises, Inc. (www.jmfamily.com) company, JMsolutions (www.jmfe-jmsolutions.com) develops and markets innovative, integrated software systems that help automotive dealers improve operational efficiencies throughout the entire sales and marketing process while maximizing sales.  JMsolutions offers its AAX™ inventory management suite; CMX™ customer management suite which includes DealerUpsä  customer relationship management, ProCalä desking, ProFiä finance and insurance menu; and SMX™ sales and service marketing suite by DMEautomotive.  It also provides dealers with related training and consulting services.  JMsolutions serves over 2,500 dealership clients nationwide, including the nation’s top six dealer groups.  Headquartered in Deerfield Beach, Fla., JMsolutions has major operations in Dallas, Texas.

JM Family Enterprises, Inc. (JM Family) (www.jmfamily.com) is a $12.2 billion diversified automotive company ranked by Forbes as the 22nd-largest privately held company in the U.S.  It is currently ranked No. 23 by FORTUNE® as one of the 100 Best Companies to Work For, its 10th consecutive year on the list.  Primary subsidiaries and divisions include: Southeast Toyota Distributors, LLC, World Omni Financial Corp., JM&A Group, JM Service Center LLC, JM Lexus and JMsolutions.  Headquartered in Deerfield Beach, Fla., JM Family has major operations in Jacksonville and Margate, Fla.; Commerce and Alpharetta, Ga.; Mobile, Ala.; and St. Louis, Mo.