Alleviate margin compression and improve your profitability with regional benchmarks.
The most profitable dealerships are consistently evaluating their current processes and procedures against benchmarks, and then making the necessary adjustments to improve. Many dealers make the unfortunate mistake of relying solely on national averages. While national benchmarks are important, they don't reflect the unique challenges in your marketplace.
Dealerships that compare their financial and operational performance against regional data points achieve their goals and drive more profits year after year. To address this industry gap, NCM Associates and its partner, Intelligent Dealer, created HealthCheck.
On average, HealthCheck finds in excess of $90,000 per month in lost opportunities on the first pass of using the software!
HealthCheck is a cloud-based asset management tool that monitors overall and departmental performance against other dealerships of the same franchise and sales volume based on both national and regional benchmarks. Using a unique algorithm developed by Haig Partners, HealthCheck helps dealers evaluate their organization's strengths and weaknesses while providing them an actionable and trackable plan for improvements.
Created by dealers for dealers, HealthCheck is yet another example of NCM's commitment to providing the right solutions for our clients. Let HealthCheck help you and your team alleviate margin compression and focus on specific areas of improvement.
Discover Your Dealership Potential
300+ NCM Benchmark data points for evaluations
Regional data sets
Comparisons based on franchise and sales volume
Customized action plans that capitalize on growth and profit opportunities, and track your progress
Accessible online, 24/7
Does your dealership make the grade?
HealthCheck scores your financial health in five key areas: cash, revenue, expenses, compensation, and profits. Each segment is then given a letter grade—A, B, C, or D—based on NCM's vast collection of franchise-specific, regional, and volume-based Benchmarks. This system allows everyone in your dealership to quickly and easily find areas of opportunity.
After noting areas of strength and weakness in your dealership, HealthCheck helps you create specific action plans that are consistently tracked to ensure your team is recovering or gaining profits. The accountability of every team member is key to making progress in your business, and HealthCheck is the perfect tool to keep you on track.
Take a peek at a few of our sample reports available through HealthCheck. Click on the images below to enlarge.
HealthCheck Action Plans
Set department-specific goals based on NCM Benchmarks
Calculate the gross you'll gain from accomplishing a goal
Hold your leaders and their teams accountable
Choose from recommended action plans
Set realistic goals for your unique market and franchise