Quick Overview
- 1#1: CDK Global - Enterprise-grade dealership management system with advanced accounting, financial controls, and compliance reporting tailored for car dealerships.
- 2#2: Reynolds and Reynolds - Comprehensive ERA-ICE DMS offering integrated accounting, payroll, and general ledger functionalities for automotive dealership operations.
- 3#3: Tekion - Cloud-native automotive retail platform with real-time accounting, invoicing, and financial analytics for modern car dealerships.
- 4#4: Dealertrack - Specialized finance and insurance platform with robust dealership accounting tools for deal posting, payments, and reporting.
- 5#5: DealerSocket - All-in-one DMS featuring accounting modules for inventory valuation, sales tracking, and financial statements in car dealerships.
- 6#6: Autosoft DMS - Flexible dealership software with core accounting features including AR/AP, payroll, and OEM-compliant reporting.
- 7#7: Dominion DMS - Scalable DMS providing dealership-specific accounting for dispatch, contracts, and multi-location financial management.
- 8#8: DealerCenter - Cloud-based DMS for independent dealers with built-in accounting for desking, contracts, and bookkeeping.
- 9#9: Frazer - Buy-here-pay-here focused software with specialized accounting for collections, loan servicing, and financial reconciliation.
- 10#10: ProMax - CRM and DMS hybrid offering accounting tools for deal management, inventory costing, and profit analysis in used car dealerships.
These tools were evaluated based on feature alignment with dealership operations, user-friendliness, scalability, and overall value, ensuring rankings reflect solutions that optimize financial performance and operational efficiency.
Comparison Table
This comparison table explores leading accounting software solutions tailored for car dealerships, featuring tools like CDK Global, Reynolds and Reynolds, Tekion, Dealertrack, DealerSocket, and additional platforms. Readers will discover key differences in features, performance, and suitability to make informed choices for their business needs.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | CDK Global Enterprise-grade dealership management system with advanced accounting, financial controls, and compliance reporting tailored for car dealerships. | enterprise | 9.7/10 | 9.8/10 | 8.4/10 | 9.2/10 |
| 2 | Reynolds and Reynolds Comprehensive ERA-ICE DMS offering integrated accounting, payroll, and general ledger functionalities for automotive dealership operations. | enterprise | 9.2/10 | 9.6/10 | 7.8/10 | 8.5/10 |
| 3 | Tekion Cloud-native automotive retail platform with real-time accounting, invoicing, and financial analytics for modern car dealerships. | enterprise | 8.7/10 | 9.2/10 | 8.0/10 | 8.3/10 |
| 4 | Dealertrack Specialized finance and insurance platform with robust dealership accounting tools for deal posting, payments, and reporting. | enterprise | 8.3/10 | 9.1/10 | 7.4/10 | 7.9/10 |
| 5 | DealerSocket All-in-one DMS featuring accounting modules for inventory valuation, sales tracking, and financial statements in car dealerships. | enterprise | 7.6/10 | 8.0/10 | 6.8/10 | 7.2/10 |
| 6 | Autosoft DMS Flexible dealership software with core accounting features including AR/AP, payroll, and OEM-compliant reporting. | specialized | 8.1/10 | 8.5/10 | 7.4/10 | 7.8/10 |
| 7 | Dominion DMS Scalable DMS providing dealership-specific accounting for dispatch, contracts, and multi-location financial management. | enterprise | 8.4/10 | 9.2/10 | 7.8/10 | 8.0/10 |
| 8 | DealerCenter Cloud-based DMS for independent dealers with built-in accounting for desking, contracts, and bookkeeping. | specialized | 8.2/10 | 8.5/10 | 8.0/10 | 8.4/10 |
| 9 | Frazer Buy-here-pay-here focused software with specialized accounting for collections, loan servicing, and financial reconciliation. | specialized | 8.1/10 | 8.5/10 | 7.4/10 | 7.9/10 |
| 10 | ProMax CRM and DMS hybrid offering accounting tools for deal management, inventory costing, and profit analysis in used car dealerships. | specialized | 6.8/10 | 7.2/10 | 8.4/10 | 6.2/10 |
Enterprise-grade dealership management system with advanced accounting, financial controls, and compliance reporting tailored for car dealerships.
Comprehensive ERA-ICE DMS offering integrated accounting, payroll, and general ledger functionalities for automotive dealership operations.
Cloud-native automotive retail platform with real-time accounting, invoicing, and financial analytics for modern car dealerships.
Specialized finance and insurance platform with robust dealership accounting tools for deal posting, payments, and reporting.
All-in-one DMS featuring accounting modules for inventory valuation, sales tracking, and financial statements in car dealerships.
Flexible dealership software with core accounting features including AR/AP, payroll, and OEM-compliant reporting.
Scalable DMS providing dealership-specific accounting for dispatch, contracts, and multi-location financial management.
Cloud-based DMS for independent dealers with built-in accounting for desking, contracts, and bookkeeping.
Buy-here-pay-here focused software with specialized accounting for collections, loan servicing, and financial reconciliation.
CRM and DMS hybrid offering accounting tools for deal management, inventory costing, and profit analysis in used car dealerships.
CDK Global
enterpriseEnterprise-grade dealership management system with advanced accounting, financial controls, and compliance reporting tailored for car dealerships.
Seamless 'deal posting' automation that instantly reconciles sales contracts with accounting ledgers, reducing errors by up to 90%
CDK Global offers a comprehensive Dealership Management System (DMS) with robust accounting software tailored specifically for car dealerships, handling everything from general ledger and accounts payable/receivable to inventory valuation, deal posting, and financial reporting. It integrates seamlessly with sales, service, parts, and OEM systems for real-time data accuracy and compliance with dealership-specific regulations like GAAP and FASB. As a market leader, CDK Drive (its cloud-based platform) automates payroll, tax management, and audit trails, making it ideal for scaling operations across multiple locations.
Pros
- Deep integration with dealership operations for accurate deal-to-ledger posting
- Advanced reporting and analytics with real-time dashboards
- Proven scalability for enterprise-level multi-store groups
Cons
- Steep learning curve and complex interface for new users
- High implementation and customization costs
- Limited flexibility for very small independent dealers
Best For
Large to enterprise-scale car dealership groups needing fully integrated, industry-compliant accounting within a DMS.
Pricing
Custom enterprise pricing via quote; typically $500-$2,000+ per user/month depending on modules and dealership size, with setup fees.
Reynolds and Reynolds
enterpriseComprehensive ERA-ICE DMS offering integrated accounting, payroll, and general ledger functionalities for automotive dealership operations.
Automated deal posting that instantly reconciles front-end sales contracts with back-end accounting entries, minimizing errors and delays
Reynolds and Reynolds provides ERA-IGNITE, a comprehensive dealership management system (DMS) with advanced accounting modules designed specifically for car dealerships. It integrates general ledger, accounts payable/receivable, payroll, inventory valuation, and deal posting to streamline financial operations alongside sales, service, and parts management. The software excels in handling dealership-specific needs like manufacturer incentives, floorplan financing, and regulatory compliance, delivering real-time financial reporting and analytics.
Pros
- Deep integration across dealership operations for seamless deal-to-accounting workflows
- Robust compliance tools for automotive regulations and incentives
- Proven scalability and reliability for high-volume dealers
Cons
- Steep learning curve due to extensive customization options
- High implementation time and costs
- Interface feels dated in some modules despite updates
Best For
Mid-to-large car dealerships requiring a fully integrated DMS with enterprise-grade accounting capabilities.
Pricing
Custom enterprise pricing, typically starting at $50,000+ annually based on dealership size, modules, and users; often includes implementation fees.
Tekion
enterpriseCloud-native automotive retail platform with real-time accounting, invoicing, and financial analytics for modern car dealerships.
One-click deal structuring with instant accounting synchronization across the entire dealership ecosystem
Tekion's Automotive Retail Cloud (ARC) is a unified, cloud-based platform tailored for car dealerships, integrating sales, service, parts management, and robust accounting functionalities into one system. Its accounting module handles dealership-specific needs like general ledger, accounts payable/receivable, payroll processing, tax compliance, and real-time financial reporting. Designed to replace legacy dealer management systems (DMS), it provides seamless data flow across operations, reducing errors and enabling data-driven decisions.
Pros
- Comprehensive integration across sales, service, and accounting for real-time visibility
- Advanced analytics and AI-driven insights for financial forecasting
- Cloud-native scalability with mobile access for on-the-go management
Cons
- High implementation costs and time for full rollout
- Steep learning curve transitioning from legacy DMS
- Pricing less transparent and suited for larger operations
Best For
Mid-to-large dealership groups needing a modern, all-in-one DMS with strong accounting and operational integration.
Pricing
Custom quote-based pricing; typically $50,000–$250,000+ annually based on dealership size, locations, and modules.
Dealertrack
enterpriseSpecialized finance and insurance platform with robust dealership accounting tools for deal posting, payments, and reporting.
Automated real-time deal posting from sales to general ledger with lender integrations for instant reconciliation
Dealertrack, from Cox Automotive, is a comprehensive dealership management system (DMS) with robust accounting modules designed specifically for car dealerships. It manages general ledger, accounts payable/receivable, payroll, inventory valuation, and financial reporting, all integrated with sales, F&I, and service operations. The platform ensures regulatory compliance and streamlines deal posting for accurate real-time financials.
Pros
- Deep integration across dealership workflows for seamless accounting updates
- Advanced compliance tools for GAAP and dealership-specific regulations
- Comprehensive reporting and analytics for financial insights
Cons
- Steep learning curve due to extensive features and customization
- High implementation and ongoing costs
- Interface feels dated compared to modern SaaS alternatives
Best For
Mid-to-large car dealerships needing a full DMS with tightly integrated accounting for high-volume operations.
Pricing
Custom quote-based pricing, typically $500-$2,000+ per user/month for full suite including accounting, with setup fees of $10,000+.
DealerSocket
enterpriseAll-in-one DMS featuring accounting modules for inventory valuation, sales tracking, and financial statements in car dealerships.
Integrated QuickFill desking tool that automates deal processing and posts directly to accounting in real-time
DealerSocket is a comprehensive dealership management system (DMS) with integrated accounting software designed specifically for car dealerships, handling general ledger, accounts payable/receivable, payroll, deal posting, and warranty accounting. It streamlines financial operations by syncing with sales, inventory, service, and CRM modules for a unified workflow. The platform ensures compliance with automotive industry standards like 606 revenue recognition and provides detailed financial reporting.
Pros
- Seamless integration with dealership sales, inventory, and CRM for real-time accounting updates
- Automotive-specific tools like 606 contract accounting and deal auditing
- Robust reporting and analytics for financial insights and compliance
Cons
- Steep learning curve due to complex interface and extensive features
- High implementation and ongoing costs, especially for smaller dealers
- Occasional software glitches and slower customer support response times
Best For
Mid-sized to large car dealerships needing an all-in-one DMS with strong integrated accounting capabilities.
Pricing
Custom quote-based pricing, typically $5,000–$20,000 per month depending on dealership size, modules, and users.
Autosoft DMS
specializedFlexible dealership software with core accounting features including AR/AP, payroll, and OEM-compliant reporting.
OEM-integrated financial workflows that automate compliance reporting and warranty accounting directly from service and sales data
Autosoft DMS is a comprehensive dealer management system tailored for car dealerships, with robust accounting modules including general ledger, accounts payable/receivable, payroll processing, and financial reporting compliant with dealership standards and OEM requirements. It integrates accounting seamlessly with sales, inventory, service, and CRM functions to provide a unified platform for operational and financial management. The software supports multi-location dealerships and offers tools for bank reconciliation, tax compliance, and profitability analysis.
Pros
- Dealership-specific accounting features like warranty reimbursements and OEM-compliant reporting
- Seamless integration across DMS modules for real-time financial data
- Strong support for multi-store operations and scalability
Cons
- Steep learning curve due to extensive feature set
- User interface feels somewhat dated compared to modern cloud DMS
- Pricing requires custom quotes and can be higher for full implementation
Best For
Mid-sized to large car dealerships needing an integrated DMS with advanced, industry-specific accounting capabilities.
Pricing
Custom quote-based; typically $125-$250 per user/month depending on modules, dealership size, and support level.
Dominion DMS
enterpriseScalable DMS providing dealership-specific accounting for dispatch, contracts, and multi-location financial management.
Real-time deal posting and financial consolidation across departments for instant, accurate accounting updates
Dominion DMS is a comprehensive dealer management system tailored for automotive dealerships, with robust accounting modules that handle general ledger, accounts payable/receivable, payroll, and financial reporting compliant with dealership standards like GAAP and FASB. It integrates seamlessly with sales, inventory, service, and CRM functions to provide real-time financial visibility and automate deal posting. The software supports multi-store operations and offers advanced tools for budgeting, forecasting, and audit trails.
Pros
- Highly specialized accounting features for dealerships including 24/7 deal posting and compliance tools
- Strong integrations with OEMs, third-party vendors, and department modules
- Reliable uptime and dedicated support for multi-location dealerships
Cons
- Steep learning curve due to extensive customization options
- Interface feels dated compared to modern cloud-native DMS solutions
- Pricing can be high for smaller dealerships without scaling discounts
Best For
Mid-sized to large multi-store automotive dealerships requiring integrated DMS with enterprise-level accounting capabilities.
Pricing
Custom quote-based pricing starting around $150-$300 per user/month, depending on modules, dealership size, and contract length; often includes implementation fees.
DealerCenter
specializedCloud-based DMS for independent dealers with built-in accounting for desking, contracts, and bookkeeping.
Automated DES (DealerTrack Electronic Sales) integration that directly posts compliant deals to the general ledger
DealerCenter is a cloud-based dealership management system (DMS) with built-in accounting tools designed specifically for independent automotive dealerships. It manages general ledger, accounts payable/receivable, payroll processing, and financial reporting, all integrated with inventory, sales, CRM, and compliance features. This setup provides real-time financial insights and streamlines back-office operations for car dealers.
Pros
- Seamless integration of accounting with sales and inventory
- Real-time reporting and QuickBooks sync
- Strong compliance tools for dealership finance
Cons
- Limited customization for complex accounting needs
- Reporting lacks advanced analytics depth
- Pricing scales up for multi-roof operations
Best For
Small to mid-sized independent car dealerships needing an all-in-one DMS with reliable accounting integration.
Pricing
Starts at around $199/month per location, with custom tiers up to $600+ based on features and scale.
Frazer
specializedBuy-here-pay-here focused software with specialized accounting for collections, loan servicing, and financial reconciliation.
Integrated BHPH collections module with automated payment posting, skip tracing, and regulatory compliance tracking
Frazer is a cloud-based dealer management system (DMS) tailored for buy-here-pay-here (BHPH) auto dealerships, offering integrated accounting tools like general ledger, accounts payable/receivable, payroll processing, and tax compliance. It streamlines dealership operations with features for inventory tracking, sales contracts, customer management, collections, and detailed financial reporting. Designed to handle the unique financing and in-house lending needs of independent dealers, it ensures regulatory compliance and efficient cash flow management.
Pros
- Highly specialized for BHPH accounting with seamless integration of collections and compliance tools
- Robust reporting and analytics for financial insights
- Strong inventory and contract management tied directly to accounting
Cons
- Interface feels dated and has a steeper learning curve for new users
- Limited customization options compared to enterprise-level DMS
- Pricing can be steep for very small dealerships without scaling benefits
Best For
Buy-here-pay-here dealerships seeking an all-in-one solution for in-house financing accounting and collections.
Pricing
Custom quotes based on dealership size and modules; typically $500–$1,500/month for mid-sized operations.
ProMax
specializedCRM and DMS hybrid offering accounting tools for deal management, inventory costing, and profit analysis in used car dealerships.
Advanced Digital Desking with real-time payment calculations and one-click deal posting to accounting systems
ProMax is a dealership CRM and desking software primarily focused on sales, F&I, and deal management for automotive retailers. It offers deal posting capabilities, financial calculations, and integrations with major DMS accounting systems like Reynolds, CDK, and Frazer for backend accounting sync. While it provides reporting and profitability analysis, it is not a standalone accounting solution and lacks core functions like general ledger, accounts payable/receivable, or payroll management.
Pros
- Seamless integrations with leading DMS for deal posting to accounting
- Intuitive desking tools for accurate financial structuring and menu presentations
- Robust reporting on sales profitability and F&I performance
Cons
- Limited native accounting features; relies heavily on third-party integrations
- No full GL, AP/AR, inventory valuation, or payroll modules
- Quote-based pricing can be costly for smaller dealerships without comprehensive needs
Best For
Mid-sized car dealerships prioritizing front-end sales and F&I tools with basic accounting integration via DMS.
Pricing
Custom quote-based pricing, typically $150-$400 per user/month depending on modules, dealership size, and integrations.
Conclusion
After careful review, CDK Global emerges as the top choice, offering enterprise-grade accounting, financial controls, and compliance tailored to car dealerships. Reynolds and Reynolds and Tekion rank second and third, with strong alternatives—Reynolds for integrated operations and Tekion for real-time analytics—catering to diverse business needs.
Take the next step in optimizing your dealership’s finances by exploring CDK Global’s robust accounting tools, designed to simplify operations and boost profitability.
Tools Reviewed
All tools were independently evaluated for this comparison