CARMEL, Ind. — NextGear Capital (div. Cox Automotive) announced the national rollout of its new Self Reconciliation feature, available through Account Portal. Self Reconciliation was designed to simplify the necessary floorplan auditing process with a streamlined, mobile-first solution.
To use the feature, dealers can log into the NextGear Capital Account Portal through their mobile device, navigate to the My Audits tab, view vehicles to reconcile and take photos to submit and clear outstanding audits in real time, see a timeline of transactions and associated fee transparency, and view a historical reference of units cleared, according to the provider.
“We know from talking with dealers that the auditing process has traditionally been a frustrating experience,” said Randy Dohse, NextGear Capital’s senior vice president of operations. “The national rollout of Self Reconciliation gives independent dealers across the U.S. a new convenient way to handle audits, saving time and reducing errors. They can use their mobile phone to capture and reconcile audits on the spot, and move onto the business of selling cars.”