StrategicSource
StrategicSource describes itself as helping dealership groups grow without shrinking margins by mapping spend, finding hidden savings and improving profit on each transaction. Its site describes a Spend Map and a Profit Improvement Program and offers a Spend Strategy Review.
StrategicSource: Spend Map
Its about page says it has worked on the challenge of managing many vendor relationships across multiple locations for nearly thirty years and lists an executive team.
| Product or service | Function |
|---|---|
| Spend Map | A view of a group's spending across vendors. |
| Profit Improvement Program | A program to find savings and improve profit. |
| Spend Strategy Review | A consultation with the team. |
StrategicSource: product details
StrategicSource focuses on dealership groups with four or more locations and says it has nearly 30 years of dealership expertise. Its home page claims more than 1,000 dealerships trusted it and a savings figure of over $1 billion across more than 150 expense categories, while its about page says it has served more than 700 companies.
The offer is to map a group's spend, find hidden savings, run a Profit Improvement Program and put more profit on every transaction at every rooftop. Those are company figures, and the two pages count its clients differently.
The pitch is that each new rooftop brings hundreds of vendor contracts, expense categories and purchasing decisions nobody manages, so margins shrink as locations are added. A group should ask how fees are charged, whether it is a percentage of savings, whether existing vendor contracts remain in place, who negotiates and how savings are verified against the general ledger.