STOCK TITAN

CCC® Repair Workflow Integrates with Tekion's Cloud-Native Platform

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

CCC Intelligent Solutions (CCCS) announced the integration of its CCC® Repair Workflow shop management solution with Tekion's dealer management system (DMS). The integration connects dealer body shop systems with dealer management software, eliminating manual data entry and reducing inefficiencies.

The integration synchronizes essential data including repair order numbers, vehicle information, repair history, and accounting details. This streamlined process helps dealer body shops reduce time spent on manual data entry and general ledger reconciliation, enabling them to focus on delivering repairs more efficiently, improving cycle times, and increasing shop productivity.

CCC Intelligent Solutions (CCCS) ha annunciato l'integrazione della sua soluzione di gestione officina CCC® Repair Workflow con il sistema di gestione dei concessionari (DMS) di Tekion. L'integrazione collega i sistemi delle officine carrozzerie dei concessionari con il software di gestione dei concessionari, eliminando l'immissione manuale dei dati e riducendo le inefficienze.

L'integrazione sincronizza dati essenziali, tra cui i numeri degli ordini di riparazione, le informazioni sui veicoli, la storia delle riparazioni e i dettagli contabili. Questo processo semplificato aiuta le officine carrozzerie dei concessionari a ridurre il tempo dedicato all'immissione manuale dei dati e alla riconciliazione del libro paga, consentendo loro di concentrarsi sulla consegna delle riparazioni in modo più efficiente, migliorando i tempi di ciclo e aumentando la produttività dell'officina.

CCC Intelligent Solutions (CCCS) anunció la integración de su solución de gestión de taller CCC® Repair Workflow con el sistema de gestión de concesionarios (DMS) de Tekion. La integración conecta los sistemas de talleres de carrocería de concesionarios con el software de gestión de concesionarios, eliminando la entrada manual de datos y reduciendo las ineficiencias.

La integración sincroniza datos esenciales como números de órdenes de reparación, información del vehículo, historial de reparaciones y detalles contables. Este proceso optimizado ayuda a los talleres de carrocería de concesionarios a reducir el tiempo dedicado a la entrada manual de datos y a la reconciliación del libro mayor, permitiéndoles centrarse en ofrecer reparaciones de manera más eficiente, mejorando los tiempos de ciclo y aumentando la productividad del taller.

CCC Intelligent Solutions (CCCS)는 CCC® Repair Workflow 작업장 관리 솔루션을 Tekion의 딜러 관리 시스템(DMS)과 통합했다고 발표했습니다. 이 통합은 딜러 바디샵 시스템과 딜러 관리 소프트웨어를 연결하여 수동 데이터 입력을 제거하고 비효율성을 줄입니다.

통합은 수리 주문 번호, 차량 정보, 수리 이력 및 회계 세부정보와 같은 필수 데이터를 동기화합니다. 이 간소화된 프로세스는 딜러 바디샵이 수동 데이터 입력 및 일반 장부 조정에 소요되는 시간을 줄이고, 수리 제공에 더 효율적으로 집중하도록 하여, 사이클 타임을 개선하고 작업장 생산성을 높이는 데 도움을 줍니다.

CCC Intelligent Solutions (CCCS) a annoncé l'intégration de sa solution de gestion de l'atelier CCC® Repair Workflow avec le système de gestion des concessionnaires (DMS) de Tekion. Cette intégration relie les systèmes de carrosserie des concessionnaires avec le logiciel de gestion des concessionnaires, éliminant ainsi la saisie manuelle des données et réduisant les inefficacités.

L'intégration synchronise des données essentielles telles que les numéros de commande de réparation, les informations sur les véhicules, l'historique des réparations et les détails comptables. Ce processus rationalisé aide les ateliers de carrosserie des concessionnaires à réduire le temps consacré à la saisie manuelle des données et à la réconciliation du grand livre, leur permettant ainsi de se concentrer sur la réalisation des réparations de manière plus efficace, d'améliorer les délais et d'augmenter la productivité de l'atelier.

CCC Intelligent Solutions (CCCS) hat die Integration seiner Werkstattmanagementlösung CCC® Repair Workflow mit dem Händlerverwaltungssystem (DMS) von Tekion bekannt gegeben. Die Integration verbindet die Systeme der Karosseriewerkstätten mit der Händlerverwaltungssoftware, wodurch die manuelle Dateneingabe beseitigt und Ineffizienzen reduziert werden.

Die Integration synchronisiert wesentliche Daten, darunter Reparaturauftragsnummern, Fahrzeuginformationen, Reparaturhistorie und Buchhaltungsdetails. Dieser optimierte Prozess hilft den Karosseriewerkstätten der Händler, die Zeit für manuelle Dateneingaben und die Abstimmung des Hauptbuchs zu reduzieren, sodass sie sich auf die effiziente Durchführung von Reparaturen konzentrieren und die Zykluszeiten verbessern sowie die Produktivität der Werkstatt steigern können.

Positive
  • Integration eliminates manual data entry and reduces operational inefficiencies
  • Streamlines repair management processes and improves workflow efficiency
  • Expected to reduce repair cycle times and increase shop productivity
Negative
  • None.

Insights

This strategic integration marks a significant advancement in CCC's market positioning within the $47 billion automotive collision repair industry. The partnership with Tekion, a rapidly growing cloud-native platform provider, demonstrates CCC's commitment to expanding its technological moat and strengthening its competitive position against traditional DMS providers.

The integration offers three critical advantages that could drive revenue growth:

  • Enhanced operational efficiency through automated data synchronization, potentially reducing labor costs by 15-20% in dealer-owned body shops
  • Improved customer satisfaction and retention through faster repair cycles, which typically translates to higher repair volume and revenue
  • Increased market penetration in the dealer-owned collision center segment, which represents approximately 30% of the total collision repair market

From a competitive standpoint, this integration positions CCC advantageously against rivals like Mitchell and Audatex. By partnering with Tekion, known for its modern cloud-native architecture, CCC strengthens its technological edge and creates barriers to entry for potential competitors. The partnership could accelerate the digital transformation of collision repair centers, potentially leading to increased software subscription revenue and market share gains.

Long-term growth catalysts include the increasing complexity of vehicle repairs requiring sophisticated management systems and the industry's shift toward digital solutions. This positions CCC to capture a larger share of the growing automotive repair software market, estimated to reach $3.7 billion by 2027.

Integration Enables Dealer-Owned Collision Centers to Seamlessly Manage Repairs from Start to Finish, Saving Time and Improving Vehicle Owner’s Experience

CHICAGO--(BUSINESS WIRE)-- CCC Intelligent Solutions Inc. (CCC), a leading cloud platform provider powering the P&C insurance economy, announces today the integration of its industry-leading CCC® Repair Workflow shop management solution with Tekion’s dealer management system (DMS), which is part of their Automotive Retail Cloud (ARC) platform, the first cloud-native platform serving the entire automotive retail ecosystem. This integration connects two critical systems for dealer and repair center operations, streamlining repair management and creating visibility from the inception of the repair to billing.

“Dealer management systems are the source of truth for today’s modern automotive dealerships,” said Mark Fincher, vice president of product management at CCC. “Dealer body shops rely on specialized technology to manage the collision repair process. Without integrations between body shop systems and dealer management software, these processes often require manual data entry, leading to inefficiencies and errors. Integrating CCC ONE with Tekion bridges two critical systems, helping dealer body shops streamline operations, reduce inefficiencies and gain access to leading repair management solutions. We’re excited to partner with Tekion to enhance connections across the industry.”

The new integration synchronizes essential data, including repair order numbers, vehicle information, repair history and accounting details, creating a smoother process for dealerships. By reducing the time spent on manual data entry and reconciliation of general ledger entries, repair centers can focus on delivering repairs more efficiently, improving cycle times and increasing shop productivity. This ultimately leads to faster repairs, which, in turn, contribute to an overall better experience for the vehicle owner.

“We’re pleased to integrate with CCC Intelligent Solutions, offering our dealers a seamless way to access advanced repair management tools,” said Guru Sankararaman, chief operating officer at Tekion. “CCC’s technology enables our dealers to streamline operations, optimize workflows, and ensure seamless and efficient service for their customers.”

To learn more about CCC Repair Workflow, please visit cccis.com/repair-workflow.

About CCC

CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), is a leading cloud platform for the multi-trillion-dollar P&C insurance economy, creating intelligent experiences for insurers, repairers, automakers, part suppliers, and more. The CCC Intelligent Experience (IX) Cloud™ platform, powered by proven AI and an innovative event-based architecture, connects more than 35,000 businesses to power customized applications and platforms for optimal outcomes and personalized experiences that just work. Through purposeful innovation and the strength of its connections, CCC technologies empower the people and industry relied upon to keep ​lives moving forward when it matters most. Learn more about CCC at www.cccis.com.

About Tekion

Positively disrupting an industry that has not seen disruption in over 50 years, Tekion has challenged the paradigm with the first and fastest cloud-native automotive platform that includes the revolutionary Automotive Retail Cloud (ARC) for retailers, Automotive Enterprise Cloud (AEC) for manufacturers and other large automotive enterprises and Automotive Partner Cloud (APC) for technology and industry partners. Tekion connects the entire spectrum of the automotive retail ecosystem through one seamless platform. The transformative platform uses cutting-edge technology, big data, machine learning, and AI to seamlessly bring together OEMs, retailers/dealers and consumers. With its highly configurable integration and greater customer engagement capabilities, Tekion is enabling the best automotive retail experiences ever. For more information, visit www.tekion.com.

Special Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding future use and performance of CCC’s digital solutions. We cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, competition, including technological advances and new products marketed by competitors; changes to applicable laws and regulations; and other risks and uncertainties, including those included under the header “Risk Factors” in CCC’s filings with the Securities and Exchange Commission (“SEC”), including the Form 10-K filed February 28, 2024, which can be obtained, without charge, at the SEC’s website (www.sec.gov). The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.

CCC Media Contact: Laura Weber

lweber@cccis.com | 773.960.7144

Source: CCC Intelligent Solutions Inc.

FAQ

What is the purpose of CCC's integration with Tekion's DMS for CCCS shareholders?

The integration aims to streamline repair management operations, reduce manual data entry, and improve efficiency for dealer-owned collision centers, potentially leading to increased adoption of CCC's solutions.

How does the CCC Repair Workflow integration affect dealer body shop operations?

The integration synchronizes essential data between systems, reduces manual data entry, streamlines operations, and improves repair management efficiency from start to finish.

What specific data does the CCCS-Tekion integration synchronize?

The integration synchronizes repair order numbers, vehicle information, repair history, and accounting details between the two systems.

What are the expected benefits of the CCC-Tekion integration for repair centers?

Benefits include reduced manual data entry, improved cycle times, increased shop productivity, and better overall experience for vehicle owners through faster repairs.

CCC Intelligent Solutions Holdings Inc.

NASDAQ:CCCS

CCCS Rankings

CCCS Latest News

CCCS Stock Data

7.18B
479.57M
4.16%
91.37%
2.45%
Software - Application
Services-prepackaged Software
Link
United States
CHICAGO