ALBANY, N.Y. — Auto/Mate Dealership Systems has integrated its dealership management system with DocuBizz, experts in automated invoice workflow solutions, the company announced. Auto/Mate customers can now streamline their accounts payable process with DocuBizz’s intelligent and intuitive workflow solution. “DocuBizz is an innovative, cloud-based software that can easily save hundreds of hours per month at a typical dealership,” said Mike Esposito, Auto/Mate’s president and CEO. “Integrating with Auto/Mate’s Accounting Suite was cost effective and allows us to offer our solutions to a wider base of auto dealers in the U.S.,” said Mads Toksvaerd, founder and CEO of DocuBizz. “Auto/Mate users can expect the same level of simplicity and time-saving features from our software as they currently experience from their DMS.” When integrated into the DMS, the DocuBizz workflow solution offers such benefits to single and multi-location auto dealers as eliminating data entry for invoices, automatically matching POs to invoices, and making invoices available and easily searchable, all according to the announcement.
The Federal Reserve Bank of New York’s Q1 U.S. household debt report finds auto loan and lease originations declined slightly year-over-year — except for sub-620 customers — while 90-day delinquencies grew by 9.2%.