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QIS Quorum Information Technologies Inc

0.85
-0.02 (-2.30%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Quorum Information Technologies Inc TSXV:QIS TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.02 -2.30% 0.85 0.86 0.87 0.88 0.85 0.88 7,000 20:59:06

Quorum and ABS Announce Expanded Integration

24/01/2012 5:20pm

Marketwired Canada


Quorum Information Technologies Inc. (Quorum) (TSX VENTURE:QIS) announced today
that its dealership and customer management system, XSellerator(TM) now has
improved and expanded bidirectional integration with Automotive Business
Solution's (ABS) Barcode Inventory System, as well as new integration with ABS'
Vinscan system. Quorum and ABS originally announced integration from XSellerator
to ABS BarCode in early 2010. 


ABS Barcode, a parts department inventory management system for stocking in
parts orders as well as conducting perpetual and annual inventories, was ranked
#1 in the first national survey of inventory bar code systems, and the highest
in overall satisfaction by parts managers. The survey included systems offered
by dealership management system providers and independent solutions.


The update includes an improved and streamlined process of transmitting parts
orders to Barcode, directly from the parts order window in XSellerator, plus new
bidirectional integration that eliminates the need for manual reconciliation of
parts inventory receipted from orders back into XSellerator by automatically
incorporating the parts receipts to update parts orders and inventory.


"The new integration saves us more time in receipting our parts orders. When we
originally installed the ABS Barcode system we saw huge process improvements and
efficiency gains when receiving our orders, but the new ability to automatically
update the quantity received into XSELLERATOR eliminates errors and speeds up
the process," comments Rob Korth, Parts Manager at Heidebreicht Chevrolet. 


"The new bidirectional integration with ABS represents a part of our overall
strategy to partner with leading specialty systems to offer our customers a
comprehensive technology solution," said Dan Ichelson, Quorum's Vice President
of Operations and Development.


In addition, Quorum DMS customers can now send vehicle inventory data from
XSellerator to ABS' Vinscan system for quick and efficient lot inventory by
scanning the VINs or a custom label with a handheld scanner. A comparison report
is automatically produced to highlight any discrepancies.


Kevin Berkhimer, Co-CEO of ABS, said, "We are pleased to offer the improved
integration to Quorum users. The added integration points are another milestone
for ABS as we continue to offer the most desired parts bar coding system and
unmatched customer satisfaction."


About Quorum

Quorum is a North American company focused on developing, marketing,
implementing and supporting its XSellerator product for GM, Isuzu, Chrysler,
Hyundai, KIA, Nissan, Subaru, NAPA and Bumper to Bumper dealerships. XSellerator
is a dealership and customer management software product that automates,
integrates and streamlines every process across departments in a dealership. One
of the select North American suppliers under General Motors' IDMS program,
Quorum is the second largest DMS provider for GM's Canadian dealerships with 25%
of the market. Quorum is a Microsoft Partner in both Canada and the United
States. Quorum Information Technologies Inc. is traded on the Toronto Venture
Exchange (TSX-V) under the symbol QIS. For additional information please go to
www.QuorumDMS.com.


About Automotive Business Solutions

ABS was founded in 1999 as a solution to offer new computer-driven processes to
the automotive retail marketplace utilizing the company founders' 68 plus years
experience managing large, successful automotive dealerships. In the first
national survey of bar code systems by an automobile manufacturer, ABS BarCode
was selected #1 in the number of installed systems and the satisfaction level of
the parts managers who use our system. This survey included systems provided by
dealer management systems as well as independent providers like ABS.


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