Podcast
Questions and Answers
Which of the following tasks must be completed before scheduling a Platform initiation meeting?
Which of the following tasks must be completed before scheduling a Platform initiation meeting?
The User Setup and Roles serve the same purpose in the DRP.
The User Setup and Roles serve the same purpose in the DRP.
False (B)
What is the purpose of the 'Default Values' tool located in Sales Setup?
What is the purpose of the 'Default Values' tool located in Sales Setup?
To set standard data inputs for sales transactions.
A __________ fee is one that is agreed upon upfront and is not subject to additional charges.
A __________ fee is one that is agreed upon upfront and is not subject to additional charges.
Signup and view all the answers
When conducting a Loan Deal Gathering, which item should NOT be visible?
When conducting a Loan Deal Gathering, which item should NOT be visible?
Signup and view all the answers
Match the following fee types with their definitions:
Match the following fee types with their definitions:
Signup and view all the answers
DRP allows users to initiate a deal using leads from their integrated CRM.
DRP allows users to initiate a deal using leads from their integrated CRM.
Signup and view all the answers
What integration does DRP use to auto-calculate taxes and fees?
What integration does DRP use to auto-calculate taxes and fees?
Signup and view all the answers
Flashcards
Pre-requisites for Platform Initiation Meeting
Pre-requisites for Platform Initiation Meeting
Specific tasks that need to be completed before scheduling a Platform initiation meeting.
User Setup vs. Roles in DRP
User Setup vs. Roles in DRP
User setup determines the user profile, while Roles define the access and permissions for tasks and functionalities within the DRP.
When to recommend Custom Role in DRP
When to recommend Custom Role in DRP
A custom role in DRP is best for unique task requirements where standard roles don't fit specific needs.
Deal Gathering Purpose in DRP
Deal Gathering Purpose in DRP
Signup and view all the flashcards
Questions to ask during Deal Gathering (Fees)
Questions to ask during Deal Gathering (Fees)
Signup and view all the flashcards
GM DRP Deal Validation vs. Dealer CRM
GM DRP Deal Validation vs. Dealer CRM
Signup and view all the flashcards
Hidden Items in Loan Deal Gathering
Hidden Items in Loan Deal Gathering
Signup and view all the flashcards
DRP Default Value Tool
DRP Default Value Tool
Signup and view all the flashcards
Study Notes
Rim DRP Implementation Assessments - Section 1 Quiz
-
Platform Initiation Meeting Tasks: Prior to scheduling Platform initiation Meeting, complete forms, pre-onboarding questionnaires, GMF, GM payment services, subdomains, training, D2C2 onboarding, pre-production spin-up, and kick-off meeting. All of these tasks are required.
-
User Setup vs. Roles: Roles define the permissions for a user whereas User Setup assigns the specific roles to individuals.
-
Custom Roles in DRP: Custom roles are best when a single user needs multiple permission levels.
-
Deal Gathering: Deal gathering involves asking for funded deals and guiding dealers through setting up a deal in their DMS, confirming the process aligns between the DMS and DRP systems.
-
Deal Gathering Questions: Essential questions during Deal Gathering include: Are Fees Capped or Upfront?
Rim DRP Implementation Assessments - Additional Questions
-
Vehicle Discount/Fees/Accessories/Car Wash: Questions related to vehicle discounts, number of fees, standard accessories, and free car washes.
-
Deal Validation Match: Deal validation in the GM DRP must precisely match the dealer's CRM data. (False)
-
Loan Deal Gathering Information Visibility: Customer PII, Sale Price, Monthly Payment, and Total Tax amount should be visible in the Loan Deal Gathering process.
-
Loan Deal Gathering Value Inquiries: If a financed amount is not available during Loan Deal gathering, requesting the values from the dealer's DMS is the appropriate action to take.
-
Fee Review Questions: Questions to ask when reviewing fees include: Is this fee taxed? Does this fee apply to a lease? Is this fee capped or upfront?
-
Default Values Tool Purpose: The purpose of the "Default Values" tool in the Sales Setup module isn't detailed.
-
Lease Working Cash Toggles: The function of lease Working Cash Toggles isn't detailed.
-
DRP Auto-Calculation: DRP uses integrations to automatically determine and calculate taxes and fees.
-
Capped Fee vs. Upfront Fee: A detailed description for the difference between a capped fee and an upfront fee isn't provided.
-
Cap Cost Reduction Definition: The definition of Cap Cost Reduction is not detailed.
-
PEN Definition: The definition of PEN is not detailed.
-
Credit Application Options: Integrated credit application options are part of the DRP.
-
DRP and CRM Lead Integration: DRP allows deals starting from leads within an integrated CRM.
-
Deal-Level Tax Rate Adjustments: Individual deal tax rates cannot be adjusted.
-
Loan/Lease Rate Sourcing: Lender rates automatically populate within the DRP based on GM Financial, with other lenders using default rates within the Sales Setup.
-
iPad Casting Compatibility: Questions regarding iPad presentation capabilities during a sales process have been identified.
Rim DRP Implementation Assessments - Desking Module & Deal Sync
-
Payment Recording Location: Dealers record payments within the Desking module.
-
Deal Synchronization Button: A button within the system is designed for initiating a deal sync operation.
-
Supporting GM System for DRP Information: Information about the supporting system for inventory, pricing, in the DRP is not elaborated upon.
-
Vehicle Inclusion in DRP: Dealers are able to potentially add vehicles into DRP systems which aren't in their respective DMS.
-
Carbravo Ineligibility Marking: Dealers can mark inventory ineligible for CarBravo.
-
Vehicle Recall Information: Vehicle recall information is available within the DRP.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.