Legal Awareness
Laws and regulations change faster than the technology in new cars. Ally Academy keeps pace with our federal government’s ever-changing rules and regulations, and brings them to our dealer customers in a thought-provoking and easy-to-understand, instructor-led class. Legal Awareness with ECOA Certification offers an explanation of some of the laws affecting the industry and penalties for violations. Learners are alerted to the importance of assessing their own job-specific risks and will be able to immediately apply what they learned.
Expense Management
As margin compression creates challenges for dealers, it’s more important than ever to be able to understand every expense for each department. Even more important is the ability to dive deeper than the operating report to reveal exactly what your expenses are comprised of, and where you might be able to trim some fat. Our Expense Management training will teach dealers to regularly review and examine expenses to help identify where they might be spending too much or too little in certain areas. Learners will be able to implement a plan to consistently monitor and track expenses to help facilitate effective, responsible spending for the long run.
Management By Strengths
Company culture is an important part of any successful business. With four varying natural temperament traits, 75% of the people you interact with have communication and decision-making needs that are different from yours! Learn to harness the power of individual strengths to optimize customer interaction and dealership teamwork.
Insurance Essentials
When it comes to protecting your business, you can't afford to leave anything to chance. This easy-to-understand breakdown provides information on the ins and outs of insurance — from the different types available to how to choose the right provider for you. It's information you will need to help make this important business decision with confidence.
Understanding the Underwriters' Side
Ever wonder how the finance source decides to approve or decline a deal? Take the opportunity to experience a deal from an Ally credit buyer's perspective. Gain insights that can help you communicate & collaborate more effectively with Ally.
Dealership Forecasting
Empower yourself with the tools to plan ahead. By forecasting effectively, you can monitor your company’s progress, reveal trends and pinpoint if things go off course, all of which can help you stay on track and achieve your goals.
Fraud Awareness
The news is reporting more and more about fraud happening throughout various types of transactions. In this course, you will learn about some of the types of fraud Ally is seeing in the retail automotive space and ways dealerships can help protect themselves.
Cash Management
Cash Management has always been a key component of running a dealership. We’ll talk through how the cash flow within the dealership affects the cash needed for a healthy dealership and which calculations can be used to identify areas of opportunity.