Recoverables alerts estimators about overlooked items before the estimate is given to the customer or insurer. A report integrated within the Audatex Estimating workflow clearly identifies these revenue opportunities, which can then be added to the estimate prior to upload or printing.
We performed a study on over 2,700 random estimates, checking to see how many items they missed. High volume shops were missing out on nearly $400 per month!
This Audatex Estimating add-on does not impact your regular workflow. There is minimal to no training involved: this product only adds a few clicks to the process you're used to.
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Solera took 2,700 random estimates from our database, and checked them for missing items based on the nature of the repair. The results were eye opening. Over half the estimates forgot a car cover charge. Nearly half did not include Clean & Retape for a molding R&I. Those two items charge out at about $17 together… if you’re missing them half the time, that’s $8.50 per estimate left on the table. Multiply that by your number of estimates per month and it really starts to add up!
It’s not just those two. We looked at over 110 recoverable items. The range of forgetfulness was between 5% and 52%. Here are details on the top four:
|Item name||Detail||% of claims that forgot to add||Avg item charge||$ left on table per estimate||$ left on table @ 15 estimates per month||$ left on table @ 30 estimates per month||$ left on table @ 45 estimates per month|
|Car Cover||Estimate has refinish, but no cover car materials||52%||$5.00||$2.60||$39.00||$78.00||$117.00|
|Clean & Retape||Molding R&I'd, but no clean & retape||41%||$12.00||$4.92||$73.80||$147.60||$221.40|
|Flex Additive||Bumper cover refinished, no flex additive||34%||$8.00||$2.72||$40.80||$81.60||$122.40|
|Mask Interior||Missing time/material to mask interior surfaces||25%||$10.00||$2.50||$37.50||$75.00||$112.50|
Many other items had a “miss” rate in the 5% to 24% range, including things like Aim Headlights & Foglamps, Hazardous Waste Removal, Glass Cleanup, etc. Even if it’s only a buck or two left on the table per estimate, across dozens of items and estimates every month, the savings potential is huge!