Issue link: https://read.dmtmag.com/i/183375
m t ped ers to etnt. red dit the eet lty has All nier- www.PowersportsBusiness.com FINANCE Powersports Business • October 7, 2013 • 17 ADP Lightspeed, SMP driving labor efficiencies Service Manager Pro now integrated with NXT Service Manager Pro, the leading labor guide in the powersports business, and ADP Lightspeed will now have two-way communication between their two respective systems. This new functionality will allow a LightspeedNXT user to launch Service Manager Pro from within an existing repair order. Once Service Manager Pro is launched within NXT, the user will be taken directly to the labor times for the unit on which he or she is working. The user will then click a couple of buttons to select the labor operations and then those operations will automatically populate and add up the total cost of labor for a specific repair order. "With this type of integration, dealer principals and service managers have the ability to protect their service department profit margin," said C.R. Gittere, CEO of Service Manager Pro. "Service Manager Pro has a password-protected settings area that allows managers to set a multiplier for each vehicle type a manufacturer produces. This gives them great flexibility in maintaining their competitiveness in their area while making sure no one is giving work away." Service Manager Pro publishes data sets for 18 OEMs, and in many cases, includes the OEM warranty job code. This means when the service writer selects labor times from SMP they will be able to select if the job is covered under warranty. If it is a warranty repair, NXT will recognize this and populate the repair order with the OEM warranty labor time and the OEM warranty job code, if available. "When you have the OEM job code on a repair order, it will help in streamlining the filing of warranty claims and make our dealers more efficient," said Dave Johnson, manufacturer solutions manager with ADP Lightspeed. "This new integration will save our dealers several hours a month in filing warranty claims and help them build profitability by making sure they are billing consumers the right amount of time for a specific repair." PSB "When you have the OEM job code on a repair order, it will help in streamlining the filing of warranty claims and make our dealers more efficient." Dave Johnson, ADP Lightspeed BRP FROM PAGE 16 CONTINUED July 31 were $620.9 million, an increase of 2.1 percent or $12.8 million compared to the same period of last year. Revenues increased by 6.5 percent or $37.8 million when excluding the impact of the exit of the sport boat business in the fall of 2012. The increase in revenues includes a favorable foreign exchange rate variation of $11 million, mainly related to the strengthening of the Euro against the Canadian dollar. Revenues for the six-month period ended July 31 were $1.425 billion, an increase of 4.0 percent or $54.4 million compared to the same period of last year. Revenues increased by 9.5 percent or $123.4 million when excluding the impact of the exit of the sport boat business in the fall of 2012. The increase in revenues includes a favorable foreign exchange rate variation of $24 million. SEASONAL PRODUCTS % lts of red ny ns- ted nd nd ed ast ol- ine to rly les he . of Our ets to he our unual he nth ded 17 Revenues from Seasonal Products decreased by $15.5 million, or 9.9 percent, to $140.6 million for the three-month period ended July 31 compared with $156.1 million for the corresponding period last year. The decrease in revenues is attributable to the reduction of $25 million of revenues following the company's decision announced in the third quarter of 2012 to exit the sport boat business. Excluding the exit of the sport boat business, revenues would have increased by $9.5 million or 7.2 percent. The increase results from higher volume of products sold, partially offset by additional sales programs put in place to support retail in North America due to the late arrival of spring and generally unfavorable weather conditions. YEAR-ROUND PRODUCTS Revenues from Year-Round Products increased by $20.9 million, or 8.1 percent, to $278.1 million for the three-month period ended July 31 up from $257.2 million for the corresponding period last year. The increase is primarily due to higher worldwide sales of both ATV and side-by-side vehicles, partially offset by additional sales programs. PARTS, ACCESSORIES & CLOTHING Revenues from PAC increased by $10.0 million, or 9.4 percent, to $116.3 million for the three months ended July 31, up from $106.3 million for the corresponding period last year. The increase is primarily due to increased sales of Year-Round Products and a favorable foreign exchange rate variation of $2 million. Gross profit decreased by $7.0 million or 4.7 percent of revenues, to $142.6 million for the three-month period ended July 31, down from $149.6 million for the corresponding period last year. PSB P14x17-PSB13-Finance.indd 17 9/25/13 11:13 AM