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Identify Opportunities to Improve Performance and Profitability With eAuditor

Many dealerships employ internal auditors to audit financial records, and identify risks and improvement opportunities.

However, what if your dealership has difficulty recruiting and retaining qualified internal auditors experienced in dealership operations? Or you simply cannot justify the investment in an internal audit function to provide an objective analysis of your financial records in a presentable and actionable format?

eAuditor, from Crowe Horwath LLP, is an automated solution that electronically collects your dealership’s financial data and generates approximately 40 extraction reports that are analyzed by Crowe's industry trained professionals. Electronic tools, along with consulting services, can produce important findings that help identify key risks and opportunities to improve your bottom line.

eAuditor targets common risk areas that can have significant impact on your dealership’s financial performance and control environment. These areas include accounts payable, vehicle inventories, contracts in transit, wholesale losses, parts inventory and aging, general journal entries, factory receivables, and a variety of other records and systems.

Crowe can help your organization realize the benefits of:

  • Business insight without disruption. Because the data collection is automated, and the analysis of your financial records is done off-site, you benefit from virtually no disruption of your day-to-day operations.
  • Cost-effective access to experienced professionals. Technology reduces the costs of professional time in compiling reports and focuses it on the analysis of the extraction reports. You can save money on travel expenses while gaining access to experienced auditing talent as needed.
  • Systems testing and recommendations. The results can be used to evaluate and determine areas where managment can improve dealership operations and accounting functions. eAuditor identifies and summarizes opportunities for process and control improvements, and recommends systems for further testing consideration.
  • Best practices information. eAuditor provides a concise reporting package and Crowe-identified best practices used by leaders in the industry to improve results.

When it comes to auditing solutions, call on Crowe for highly efficient and effective tools coupled with analysis by industry trained professionals. Please contact Anthony Allison at 574.236.8630 or tony.allison@crowehorwath.com.