WarrCloud recently announced in a press release its selection as the exclusive provider for The Shop, the new one-stop dealer e-commerce platform by FordDirect, a joint venture between Ford dealers, Lincoln retailers and Ford Motor Company.
“In today’s age, dealers are faced with hundreds of potential software solutions to assist their operations,” said Jim Roche, founder and CEO of WarrCloud. “We are proud to partner with FordDirect and The Shop to provide Ford dealers and Lincoln retailers with the only automated warranty processing software that saves them time, money and headaches.”
The Shop platform provides dealers with access to vetted vendors that include pre-negotiated prices for products and services that dealerships need This empowers dealerships to effectively navigate the dynamic retail automotive business landscape, offering a seamless approach to exploring and enrolling in new solutions.
“Through The Shop, we now provide a new way to provide more advanced and robust tools that help dealers meet their business goals,” said Beth Hill, FordDirect general counsel. “WarrCloud does just that — resolving a pain point for dealers without adding additional workload. We look forward to providing our dealers access to WarrCloud as a trusted partner.”
WarrCloud’s innovative solution enhances warranty revenue by identifying all entitled line items, concurrently reducing processing expenses and expediting payment processes. This strategic approach eradicates the common 15% gross profit loss attributed to warranty process inefficiencies.