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Letter to the Editor

Summit Software Announces KPInet Internet Based Benchmarking and Reporting Tool

According to Summit, KPInet automatically measures, reports, and then e-mails dozens of Key Operations, Financial, Claims, and Production performance measurements to up to five individuals on a daily and weekly basis to help collision repairers and repair networks make better and faster decisions on improving the performance of their repair facilities. KPInet™ will allow owners or managers to enter specific shop performance criteria into their Summit shop software triggering the Summit KPInet data warehouse to begin daily benchmarking and reporting. Once KPInet is properly configured it automatically measures and reports on the following list of a shop’s daily and weekly performance and more:

• Daily, Weekly, and MTD Sales and Performance By
  • Estimator
  • Insurer
  • Technician
• Estimators Sales, Batting Average, and Conversion Ratio
• Daily Parts Status and Actions Needed
• Daily Production Status By Department
• Top 5 Referral and Insurance Source Performance
• Daily, Weekly, and MTD Financial Performance
• Daily Updates on Accounts Receivable and Payables Performance
• Daily, Weekly, and MTD Claims Performance in Areas Such as
  • Cycle Time Performance
  • Severity
  • Parts Usage
• Weekly Performance Ratios Such as
  • Sales Per Square Foot
  • Sales Per Employee
  • Sales Per Stall
• Weekly Cash Flow Management Reporting
• Weekly Gross Profit Performance

Summit President Frank Terlep stated, “KPInet changes the way collision repairers and repair networks manage their business’s performance forever! Imagine receiving an e-mail every morning that provides you with actionable business intelligence on every key performance metric of your collision repair business or network. We believe this new service renders standard management reporting obsolete!”

Summit Software Solutions, Inc. is a business-to-business information technology provider that delivers information and communication management solutions to auto and truck collision repair businesses and repair networks.

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