NextGear Capital, the industry’s leading provider of stocking plans and part of the Cox Automotive group, has released new features on its StockMaster platform that makes on the go stock management possible for the first time. More than 1,300 independent and franchised dealers in the UK benefited from this latest update in February, with dealers in RoI to follow in the coming months.

Dealers can now load trade sourced and part-exchange vehicles directly on to StockMaster, see their available balance and stocking limit, search for existing vehicles on their plan and settle vehicles. In addition, all this functionality is now in the palm of a dealer’s hand and can be accessed from any device, anywhere, which is a first for the industry.

“We’re focused on simplifying stocking plan management for dealers. They are busy people who are always on the go, so they need tools that provide a seamless experience, real-time information and accessibility from any device,” explained Liam Quegan, Managing Director of NextGear Capital. “The new functionality in StockMaster makes this a reality, we’ve made it easier to manage stock than ever before and we’re proud to be the first to offer these features to dealers. It will undoubtedly change the way stock management is performed by dealerships.”

This new functionality is the answer to the dealer demand for a tool that would reduce the time spent on admin, offer real time status updates and be simple to use. Additionally, StockMaster also offers complete integration with auction centres across the UK, allowing dealers to view and fund pending vehicles that were won at participating auctions all in one place, at anytime and anywhere.

“It doesn’t stop here, we thrive on innovation and are ambitious for Stockmaster. We have plans to continually develop the platform over the coming years to ensure it keeps pace with dealer expectations and developments in technology,” said Quegan.