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ADP Consolidates Multiple Dealerships for Centralized Accounting

23 October 1998

ADP Consolidates Multiple Dealerships for Centralized Accounting

    HOFFMAN ESTATES, Ill.--Oct. 22, 1998--The Dealer Services Group of Automatic Data Processing, Inc., (ADP) today announced the launch of Business Office Consolidation Service for vehicle retailers who need to centralize accounting operations for multiple dealerships.
    As a part of the service, ADP associates can merge accounting data from multiple existing databases to one central database. As a result, clients can take advantage of the multi-company management features available in ADP's newest accounting and general ledger software.
    "ADP's Business Office Consolidation Service increased the productivity of our accounting staff. Now we can generate automatic inter-company transactions that make month-end reconciliation a breeze. The conversion was performed during one weekend, without system down time," said Don Snyder, CFO of Don Davis Auto Group. "I recommend this service to any multiple-dealership organization wanting to improve their accounting operations".
    For clients who require assistance to ensure that proper policies, procedures, and internal controls for consolidated accounting have been put in place, ADP works work with firms in the CPA/Consultant Partnership Program. "By engaging CPAs and business consultants who have been ADP certified, dealers will be assured of the best possible results," said Clif Mason, Director, Product Marketing at ADP.
    CPAs and consultants interested in enrolling in ADP's CPA/Consultant Partnership Program should Contact Clif Mason at 847/397-1700. Information is also available at ADP's booth at the Fifth Annual AICPA National Auto Dealership Conference, held at the San Diego Marriott in San Diego, California, on Oct. 22-23.
    ADP Dealer Services Group provides turnkey solutions to more than 18,000 auto and truck dealers throughout the United States, Canada, Europe, Asia and Latin America. ADP Dealer Services Group is the third largest business unit of Automatic Data Processing, Inc. , with more than $4.5 billion in annual revenue and more than 425,000 clients. ADP is one of the largest independent computing service firms in the world. More information on ADP and ADP Dealer Services Group is available via the Internet at www.adp.com.


    ADP is a registered trademark of Automatic Data Processing, Inc.