top of page
Vendor Expense Savings For Dealerships.
We Negotiate Better Terms With Your Vendors So You Can Save Money
DealerAdvocate is a vendor consulting service dedicated to helping automotive dealerships reduce expenses and make smarter vendor decisions. We specialize in identifying cost-saving opportunities and, at your request, providing expert recommendations from a network of vetted and trusted vendor partners.
Proven Authority
We utilize extensive knowledge in process refinement and cost control to provide significant financial results for auto groups. Our data-driven methodology guarantees that each resource is geared toward peak revenue and expense reduction.
What We Specialize In
Credit Bureau Fees
Expense Reduction
Auto Fraud Prevention
Risk Mitigation
Credit Card Merchent Processing Fees
Expense Reduction
Vetted Vendor Recommendations
In an unregulated industy most dealerships have no visibility to what they are paying for their credit card merchant fees. Some common overcharges and mistakes include:
- Increasing rates that are not agreed to
- Made up fees
- Marked up fees that should be at cost
- Charges that should be credits
- Fees on $0 charges
Credit bureau & compliance fees are often forgotten about in a dealership. These fees get more expensive each year and most dealerships who are not auditing their vendors anare overpaying signifcantly. Some common areas that we find savings include:
- Report & FICO rates that have undergone signifcant increases
- Services being charged that dealerships are not receiving
- Made up fees
- Invoices that are not itemized
- Integration fees that are not real
We work with the leading experts in automotive fraud & risk mitigiation. We can provide a review of your dealerships current compliance & fraud processes to determine where there may be potential gaps and then, set you up the proper solutions to ensure you are in full compliance in occordance to all industry regulations and standards. Some areas include but are not limited to:
- Synthetic Fraud
- ID Fraud
- Compliance with Adverse Action & Credit Score Disclosure Notices
- OFAC Compliance
- MLA Compliance
- Hard Pull vs. Prequal Soft Pull compliance requirements
Coupling our decades of experience with vendors alongside our relationships in the industry, we have a thorough list of preferred vendors that have an excellent track record of delivering results on both the product and pricing side of the partnership. Some areas that we specialize in are:
- CRM
- DMS
- Credit Bureau Providers
- Credit Card Merchant Processors
- Advertising & Marketing Providers
- Outsourced BDC Providers
- Video Prospecting
- Compliance LMS
- Compliance - Fraud prevention
How Can We Assist?
Enter your information and we will reach out shortly.
Tim@MyDealerAdvocate.com
(412) 608-2566
bottom of page