New features to StockMaster

NextGear Capital shake up stocking plan management with latest updates to StockMaster

More than 1300 dealers are set to benefit from new features on NextGear Capital's StockMaster platform, which makes on-the-go stock management possible for the first time.

NextGear StockMaster stocking plan mobile app

NextGear Capital, the industry's leading provider of stocking plans and part of the Cox Automotive group, successfully released the latest version of its StockMaster platform in February to more than 1300 independent and franchised dealers in the UK, with dealers in RoI to follow in the coming months.

The new features mean that dealers can now load trade sourced and part-exchange vehicles directly on to StockMaster, see their available balance and stocking limit, search for existing vehicles on their plan and settle vehicles. In addition, all this functionality is now in the palm of a dealer's hand and can be accessed from any device, anywhere - a first for the industry.

Liam Quegan, Managing Director of NextGear Capital, said: "We're focused on simplifying stocking plan management for dealers. They are busy people who are always on the go, so they need tools that provide a seamless experience, real-time information and accessibility from any device.

It will undoubtedly change the way stock management is performed by dealerships
- Liam Quegan, Managing Director of NextGear Capital

"The new functionality in StockMaster makes this a reality, we've made it easier to manage stock than ever before and we're proud to be the first to offer these features to dealers. It will undoubtedly change the way stock management is performed by dealerships."

The upgraded functionality was driven by dealer demand for a tool that would reduce time spent on admin, offer real-time status updates and be simple to use.

Early reactions from the industry to the latest release of StockMaster are encouraging. Mark Campbell, Cromford Cars, has been using the enhanced version of Stockmaster for a few weeks. He said: "All the information I need is there at the click of a button. Adding, checking and settling stock is now much faster and easier to do."

Rachel Smiles, Fleet Sales (Leicester) Limited, said: "The enhanced functionality has increased efficiency within our dealership, with loading and settling vehicles being so simple."

StockMaster also offers complete integration with auction centres across the UK, allowing dealers to view and fund pending vehicles won at participating auctions all in one place, anywhere, anytime.

Quegan said: "It doesn't stop here, we thrive on innovation and are ambitious for Stockmaster. We have plans to continually develop the platform over the coming years to ensure it keeps pace with dealer expectations and developments in technology."