StrategicSource, Inc.

Many dealerships are losing money on credit card fees without realizing it. In our latest webinar, Dealer Merchant Services broke down the myths around surcharging and showed dealers how to stay compliant while cutting costs. Key takeaways: - Surcharging is legal but must follow strict rules - Hidden fees add up—knowing where to look can save thousands - A compliant program protects your dealership and your customers Missed the webinar? Click this link for the replay! https://hubs.li/Q03bDzsg0 #ProfitImprovement #CostReduction #SavingMoney #IndirectExpenses #Procurement

🔔Tip of the Week!🔔 How do your supplier contracts compare to industry benchmarks? A GM at a well-known Western dealership was convinced he had locked in the best pricing for his uniform agreement—boasting that he didn’t need market data, just aggressive bargaining. At StrategicSource, we put that to the test—and saved him 22% on costs. Here’s how we did it: ✅ Reviewed his recently negotiated contract and found his rates were 75% higher than industry benchmarks. ✅ Discovered an opportunity—his second store wasn’t included in the agreement. ✅ Used this to reopen negotiations and secure data-driven pricing. The result? We ended the previous agreement and replaced it with benchmark-backed savings—proving that data beats bravado every time. Subscribe to our Tip of the Week: https://hubs.li/Q039150T0

Credit card fees keep rising, and surcharging isn’t as simple as it sounds. Is your dealership doing it the right way? Dealer Merchant Services Webinar: Myth vs. Reality with Credit Card Processing and Surcharging on March 27th at 1pm CST! Amberly Allen & Laura Sherman from Dealer Merchant Services will show you how to: - Avoid costly compliance mistakes - Spot hidden fees and reduce costs - Implement surcharging the right way without upsetting customers A compliant surcharging program can save your dealership thousands, but only if done correctly. Join industry experts to learn how. Sign up now! https://hubs.li/Q03bF9tJ0

Who needs a pot of gold when you’ve got StrategicSource? 🍀 This St. Patrick’s Day, don’t leave savings to chance. We’ll help you find lasting savings and maximize profits—no four-leaf clovers required. #StrategicSource #CostReduction

🔔Tip of the Week!🔔 Think you’re saving money by handling expenses yourself? Think again. A dealer principal spent two weeks negotiating a new uniform service contract—saving $8,000 annually across three stores. A win, right? Not exactly. While he focused on one expense, he missed over $60,000 in other savings opportunities: ❌ His DMS contract auto-renewed with a 5% increase ❌ His credit card processing fees stayed 0.5% above market rate ❌ His insurance broker hadn’t shopped his policy in three years That’s the real cost of doing it yourself. What’s slipping through the cracks at your dealership? Check out our latest blog post to learn how you can stop leaving money on the table. DIY Expense Management for Auto Dealerships: Are You Saving Money or Losing Time? https://hubs.li/Q03bhzlh0 #ExpenseManagement #CostSavings #AutoDealers #ProfitImprovement #StrategicSource

Think managing your own expenses is saving you money? It might be costing you more than you realize. Our latest blog breaks down: - The biggest mistakes dealers make when managing expenses themselves - Why DIY often leads to higher costs, not savings - How a strategic approach uncovers hidden profit opportunities Don’t let unseen expenses eat into your bottom line. Read the full blog now and see how much you could be saving. DIY Expense Management for Auto Dealerships: Are You Saving Money or Losing Time? https://hubs.li/Q039JMvv0 #ExpenseManagement #CostSavings #AutoDealers #ProfitImprovement #StrategicSource

Attending our first-ever ProcureCon US Indirect West in Las Vegas was an incredible experience—especially as the event celebrated its 25th anniversary! We had a great time at our booth in the Solutions Zone, connecting with so many attendees and engaging in valuable conversations. Beyond the booth, we sat in on insightful sessions, gaining fresh perspectives on procurement strategies. One of the highlights was seeing a talented artist create visual notes of the presentations in real time. The one we shared captured some of our favorite moments from the convention! Our team also made the most of our time in Vegas—Amee Sherman joined the run club and hiked Red Rock Canyon. We (Chris Austin, Dan Pantages, Amee Sherman & Maclaren Wilson) had great team-building time to wrap up an amazing event. We’re looking forward to what’s next! #StrategicSource #ProcureConIndirect #SpendManagement

Are you confident you’re saving every possible dollar on your indirect expenses? We’re curious—do you manage your indirect expenses yourself, or do you have help? It takes 10 seconds to let us know! https://hubs.li/Q039yvfX0 #CostReduction #ExpenseManagement #BusinessGrowth

Collaboration drives innovation &  that’s exactly what Dealer Profit Alliance is all about. Each month, a group of dealers meets virtually to share ideas, tackle two expense categories, and explore solutions tailored to their specific stores. And the best part? There’s no pressure to switch suppliers. Dealers can use the data to renegotiate with their current vendors—often achieving up to 80% of the potential savings. ⏳ Don’t miss out! The deadline to sign up is March 9th, with meetings starting the week of March 17th, 2025. #DealerProfitAlliance #DPA #StrategicSource #CostReduction #JoinToday

Final Call! We Start Monday—Don’t Miss Out! ⏳ Dealer Profit Alliance meetings begin on March 3rd, and time is running out to secure your spot! With DPA, you get: -Customized strategies for expenses like ID Verification Services or Credit Card Processing -Expert insights into supplier pricing -Monthly coaching for continued savings Sign up at https://lnkd.in/g6TCdHFh today. P.S. March 9th is the last day to sign up and get $100 off monthly for the first 12 months! #DealerProfitAlliance #StrategicSource #JoinToday