This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

ALLDATA(R) Compliance(SM) Simplifies Collision Estimating

Stocks in this article: AZO

ELK GROVE, Calif., Oct. 10, 2012 (GLOBE NEWSWIRE) -- ALLDATA LLC, the leading provider of manufacturers' automotive repair information and solutions for professional automotive service and collision repair shops, has introduced a product that automatically verifies estimates against regulations applicable to repairs, direct repair provider (DRP) guidelines, and shop business rules.

"The number of complex rules an estimate must comply with keeps growing," said ALLDATA President, Jeff Lagges. "That complexity requires skilled, experienced estimators who must still spend time looking up specifics for various DRPs, new regulations, and so on. ALLDATA Compliance operates behind the scenes to verify each line item, helping to eliminate guesswork, reduce lookup times, and lessen the need to hire and retain only the most experienced estimators. The combination means ALLDATA Compliance can help save shop owners a great deal of time and money."

Equally important is the accuracy ALLDATA Compliance adds to each estimate. When shop owners submit estimates to insurers, they can feel confident. Over time, the increased accuracy can help strengthen insurer relationships and potentially raise DRP scores, which may result in increased referrals and revenue.

"Now is one of those times that automation does more than speed up a process," said Lagges. "It heightens quality at the same time, which can ultimately increase the amount of customers who choose your business for repairs."

ALLDATA Compliance includes another capability that shop owners can use to their advantage. It allows them to create and comply with customized internal business rules. Automation that ensures estimates meet external guidelines and regulations, along with internal business requirements, can help owners boost profitability and eliminate concerns that exceptions will be uncovered during insurance company re-inspections.

"We understand the challenges shop owners face during the estimating process," said Lagges.   "By combining ALLDATA Collision and ALLDATA Estimate Integration with our new ALLDATA Compliance product, we believe we have eliminated many of our shop owners' most troubling estimating challenges."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,224.61 +33.24 0.19%
S&P 500 1,996.87 -5.29 -0.26%
NASDAQ 4,615.2630 -22.7310 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs