Quorum Announces Enhancements to MyDeal.
March 24 2021 - 6:39AM
Quorum Information Technologies Inc. (TSX Venture: QIS) (Quorum) is
pleased to announce new enhancements for its Autovance MyDeal
product and Autovance retailing platform, as part of its Digital
Retailing strategy. MyDeal has been expanded to allow customers to
complete online payments for a vehicle deposit. Additionally,
Autovance’s comprehensive retailing platform has new integrations
into both Dealertrack and RouteOne, the two key automotive industry
credit portals, and into First Canadian, a leading finance and
insurance product company.
“The Finch Auto Group are utilizing Autovance
MyDeal across our dealerships,” stated Rob MacLachlan, Chief
Operating Officer at Finch Auto Group. “The simplicity of Autovance
MyDeal, combined with its deep integration into the systems we
already use, has led to adoption by our customers and staff that
has far exceeded our expectations.”
“Autovance continues to enhance its retailing
platform, and its MyDeal Digital Retailing product is gaining
steady market acceptance since being introduced in late 2020. We
have sales interest from key dealer groups, more than 25 sold deals
and new integrations with some of the key automotive industry
companies,” said Maury Marks, Quorum President and CEO.
“Additionally, Autovance is integrated into Quorum’s Sales CRM
solutions to provide dealership customers with a seamless
transition from buying a car online to dealing with in-dealership
staff as needed.”
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 (CRM) system and set of Business
Development Centre services that drives revenue into the critical
sales and service departments in a dealership.
- Autovance, a modern retailing
platform that helps dealerships attract more business through
Digital Retailing, improve in-store profits and closing rates
through its desking tool and maximize their efficiency and CSI
through Autovance’s F&I menu solution.
- Advantage, a full showroom system
for independent dealerships and a management system that also
includes in-house leasing, inventory management, and
accounting.
Quorum Information Technologies Inc. is traded on the Toronto
Venture Exchange (TSX-V) under the symbol QIS.
For additional information please go to
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. 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
403-777-0036Investors@QuorumInfoTech.com
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