Recoverables alerts estimators about overlooked items (operations and/or consumables) 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.
For a shop that does 30 estimates/month, our independent study demonstrates that this add-on could generate revenue of $400—every month!
We 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%.
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 revenue potential is huge!