Pre-Platform Initiation and User Setup
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Questions and Answers

Which of the following tasks must be completed prior to scheduling a Platform initiation meeting?

  • Gather all relevant documentation (correct)
  • Complete user role assignments (correct)
  • Conduct initial training sessions
  • Finalize all financial projections
  • A custom role in DRP should only be recommended for experienced users.

    False

    What is Deal Gathering?

    The process of compiling all necessary information and documentation related to a vehicle sale or lease.

    A Capped Fee is different from an Upfront Fee in that it is __________.

    <p>not charged until certain conditions are met</p> Signup and view all the answers

    Match the following fees with their definitions:

    <p>Capped Fee = A fee that has a maximum limit imposed Upfront Fee = A fee charged at the beginning of the transaction Cap Cost Reduction = An amount deducted from the financing needed for a lease PEN = A reference tool for managing inventory and pricing</p> Signup and view all the answers

    Which of these questions should be asked during Deal Gathering? (Select all that apply)

    <p>Are your Fees Capped or Upfront?</p> Signup and view all the answers

    During Loan Deal Gathering, Customer PII should always be visible.

    <p>False</p> Signup and view all the answers

    What integration does DRP use to auto-calculate taxes and fees?

    <p>DRP uses integrated DMS systems for this function.</p> Signup and view all the answers

    Study Notes

    Pre-Platform Initiation Meeting Tasks

    • Forms must be completed
    • Pre-onboarding questionnaires, forms, GMF, GM payment services, Subdomains, Training, D2C2 onboarding, pre-prod spun up, and kick-off meeting are required
    • Assign champions
    • All of the above tasks are necessary

    User Setup vs. Roles

    • Roles define permissions for each role
    • User setup assigns roles to individuals

    Custom Roles in DRP

    • Recommend a custom role in DRP when a user needs multiple permissions

    Deal Gathering

    • Involves asking for funded deals and guiding dealers through deal entry in their DMS to ensure data consistency across systems

    Deal Gathering Questions

    • Are fees capped or upfront?
    • Do you discount vehicles?
    • How many fees does the dealer have?
    • Are standard accessories offered?
    • Are free car washes offered?

    GM DRP Deal Validation

    • Deal validation in GM DRP must match the Dealer's CRM (one-to-one)

    Loan Deal Gathering Items to Hide

    • Customer Personally Identifiable Information (PII)
    • Sale price
    • Monthly payment
    • Total tax amount

    Fee Review Questions

    • Is the fee taxable?
    • Does the fee apply to leases?
    • Is the fee capped or upfront?
    • All of the above

    Default Values Tool Purpose

    • Default values tool in Sales Setup is for pre-set defaults in sales transactions.

    Lease Working Cash Toggles

    • Controls aspects of lease transactions

    DRP Integration for Taxes and Fees

    • DRP automatically calculates taxes and fees through its integrations.

    Capped vs. Upfront Fees

    • Detailed description of the difference between capped and upfront fees is needed.

    Cap Cost Reduction Definition

    • Definition of Cap Cost Reduction is needed

    Definition of PEN

    • Definition of PEN is needed.

    Credit Application Options

    • DRP integrates with credit application options.
    • DRP allows for deal initiation with leads from integrated CRMs

    Tax Rate Manipulation

    • Tax rates are not adjustable on a deal-by-deal basis. GM Financial loan/lease rates are pulled in automatically, while other lenders use default rates from Sales Setup.

    iPad Casting Scenarios

    • iPad casting is available for the following scenarios:
      • F&I Menu
      • Document Display
      • Using Car Trade-In
      • CRM Management in DRP

    Deal Recording Payment Section in Desking Module

    • Specific section in the Desking module where Dealers record payments is needed.

    DMS Integration with DRP and button for Deal Sync

    • Specific button in the integrated DMS to initiate deal sync.

    Supporting GM System for DRP

    • Description of the supporting GM system for DRP. (inventory, prices, images).

    Dealer Vehicle Addition to DRP

    • Dealers can add vehicles to the DRP from the DMS.

    Inventory Ineligibility for CarBravo in DRP

    • Dealers can mark inventory as ineligible for CarBravo via DRP.

    Vehicle Recalls in DRP

    • Presence of vehicle recall information in the DRP is needed.

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    Description

    This quiz covers the essential tasks required for pre-platform initiation and user setup in the DRP process. It includes forms, roles, deal gathering, and validation steps necessary for ensuring data consistency. Test your knowledge on creating custom roles and the critical questions that guide dealers through the process.

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