PCRS Dealer Participation Module

A DOWC empowers dealerships to create and manage their own warranty products, providing full control over pricing, risk management, and customer experience, with significant profit potential. Unlike reinsurance companies, DOWCs are directly responsible for fulfilling service contracts and must adhere to state licensure laws.

PCRS simplifies the process of establishing and managing a DOWC, offering robust financial reporting and seamless integration with administrators for contract management. With PCRS, dealerships can tailor their warranty programs to maximize profits, improve customer satisfaction, and foster long-term loyalty.

Key PCRS Features:

Seamless program management:

Create, manage, and track their DOWC, providing a user-friendly platform for full control over offerings

Customizable warranty coverage:

Tailor coverage options to meet specific customer needs

Comprehensive financial reporting:

Access key reports like NOL Reporting, Audit Reporting, and Dealer Volume Analysis

Real-time, reliable performance insights:

Stay informed with up-to-the-minute data on performance metrics

Learn More:

• DOWC Webinar - Expert advice from GPW

• DOWC Blog - Your guide to starting a DOWC program

Reinsurance allows a dealership to share in the excess reserves or surplus funds, while transferring a portion of its risk to a third party. In a reinsurance arrangement, a dealership can enjoy potential underwriting profits, making it a valuable tool for long-term profitability.

PCMI’s software facilitates data upload from financial institutions, automating complex calculations and providing clear, actionable reports. This keeps dealerships informed of their reinsurance program’s performance while reducing administrative burdens for administrators.

Key PCRS Features:

Next-day availability for month-end statements:

Prepare and access statements quickly to streamline financial processes

Multi-level access to online statements and dashboards:

Provide tailored access to statements and dashboards based on user roles

Seamless publishing of cession statements:

Publish cession statements directly to user portals for easy access

Robust financial process controls:

Implement control measures to manage and adjust financial records with accuracy

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For dealerships seeking liquidity, cash advances provide an opportunity to access upfront funds for business investments, such as marketing, facility improvements, or even new product development. These funds are typically repaid through future sales or revenue, giving dealerships the resources they need to grow without having to wait for slow-moving revenue streams.

PCRS makes it easy to track and manage cash advance agreements. From real-time monitoring of cash flows to automatic repayment tracking, PCRS ensures that the dealership has clear visibility into every dollar.

Key PCRS Features:

Comprehensive dealer performance tracking:

Monitor cash advances, performance, and determine overperformance or chargebacks for the bonus year.

Accurate rebate forecasting:

Forecast rebates based on current dealer performance metrics.

Flexible eligibility criteria:

Include penetration alongside contract sales as eligibility criteria, with options to add multiple tiers

Customizable monthly performance reports:

Generate reports with the ability for administrators to override dealer performance by adjusting sales figures

In a retrospective adjustment, or retro, dealerships share in the financial success of favorable loss ratios. Based on performance metrics, a dealership may receive retro payments annually or after a certain period. By offering retros, you provide dealerships with a direct incentive to control costs and improve service.

With PCRS, managing retros becomes straightforward. Our system can automatically calculate retro payouts based on customizable formulas, ensuring transparency and accuracy.

Key PCRS Features:

Flexible eligibility configuration:

Easily set up dynamic eligibility parameters for seamless bonus management

Forced eligibility for specific bonus years:

Override settings to ensure entities are eligible for a particular bonus year

Comprehensive retro payout tracking:

Monitor retro payouts on a monthly, quarterly, or yearly basis for each bonus year

Detailed retro reporting:

Generate reports with in-depth metrics for clear insights into retro performance