Quorum Announces Q Analytics Reporting and Analysis Tool
February 12 2020 - 10:20AM
February 12, 2020 – Quorum Information Technologies Inc. (TSX
Venture: QIS) ("Quorum" or the "Corporation"), announced Q
Analytics, its new advanced reporting and analysis tool for
automotive dealerships.
Q Analytics offers dealerships easy to understand reports and
analysis for all departments with full drill-through ability to
view the source data within Quorum’s flagship Dealership Management
System (DMS), XSellerator™. The cloud-based system leverages
the industry leader in reporting systems, Microsoft’s Power
BI. Users of Q Analytics can view critical measurements for
their dealership or department in a customizable visual app-based
layout.
Q Analytics also has the capability to view data and reports
from other systems used within the dealership. The system
from Quorum already has reports from its Autovance desking system
division, as well as reports that visualize the entire sales
process, which combines data from Autovance, XSellerator’s embedded
Sales CRM and Q Leads (Internet lead management provided through a
third party partnership). Q Analytics also allows dealers
with multiple locations and brands to view and aggregate data
across their enterprise.
“Our dealership customers lead us to the creation of Q
Analytics. While the reports within XSellerator and developed
in Microsoft Excel (FlexReports), were very useful already, our
customers asked us for better enterprise reporting and analytics to
help them guide their businesses in today’s competitive
environment,” said Dan Ichelson, XSellerator’s Vice President of
Product and Operations. “So, we turned to the most robust and
widely accepted reporting engine in the market, Microsoft’s Power
BI, and spent the past year working with our dealers to develop an
interface and set of reports to cover their entire operations.”
“We’re not done, yet, however,” Ichelson added, “we are
continuing to build more reports and add more data sources to give
dealers the window into their business that they need to separate
themselves from the competition. Our vision is that Q
Analytics is a dealership’s single enterprise reporting tool that
reports across all of Quorum’s software products, and our partner’s
as well. Imagine one reporting solution for all your
dealership’s core systems. Look for future announcements
about Q Analytics’ extended capabilities.”
Quorum invites dealerships to come see Q Analytics and
XSellerator at the NADA Show in Las Vegas February 15th – 17th,
2020 (Booth #3292C). Schedule your appointment at
www.QuorumDMS.com/nada2020.
About Quorum Information Technologies
Inc.Quorum is a North American company focused on
developing, marketing, implementing and supporting its portfolio of
software and services for automotive dealerships that includes:
- XSellerator, a Dealership Management System (DMS) that
automates, integrates and streamlines key processes across
departments in a dealership, and emphasizes revenue generation and
customer satisfaction.
- DealerMine CRM, a sales and service Customer Relationship
Management system and set of Business Development Center services
that drives revenue into the critical sales and service departments
in a dealership.
- Autovance, a sales desking and F&I menu solution that
increases sales department gross margins and improves customer
satisfaction for dealerships.
- Advantage, a full showroom system for both franchised and
independent dealerships and a comprehensive management system that
includes accounting for the independent market.
Quorum Information Technologies Inc. is traded on the Toronto
Venture Exchange (TSX-V) under the symbol QIS. For additional
information please go
to http://www.QuorumInformationSystems.com.
Forward-Looking InformationThis
press release may contain certain forward-looking statements and
forward-looking information ("forward-looking information") within
the meaning of applicable Canadian securities laws. Forward-looking
information is often, but not always, identified by the use of
words such as "anticipate", "believe", "plan", "intend",
"objective", "continuous", "ongoing", "estimate", "expect", "may",
"will", "project", "should" or similar words suggesting future
outcomes. In particular, this press release includes
forward-looking information relating to results of operations,
plans and objectives, projected costs and business strategy.
Quorum believes the expectations reflected in such
forward-looking information are reasonable but no assurance can be
given that these expectations will prove to be correct and such
forward-looking information should not be unduly relied upon.
Forward-looking information is not a guarantee of future
performance and involves a number of risks and uncertainties some
of which are described herein. Such forward-looking information
necessarily involves known and unknown risks and uncertainties,
which may cause Quorum's actual performance and financial results
in future periods to differ materially from any projections of
future performance or results expressed or implied by such
forward-looking information.
Neither the TSX Venture Exchange nor its
regulation services provider (as that term is defined in the
policies of the TSX Venture Exchange) has reviewed this release and
neither accepts responsibility for the adequacy or accuracy of this
release.
Contact: Maury Marks
403-777-0036MarksM@QuorumDMS.com
PDF
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