SAN DIEGO, Nov. 16, 2015 /PRNewswire/ -- AudaExplore, a business unit of Solera Holdings, Inc. ("Solera") and a leading provider of software and technology solutions for collision repair and automotive insurance industries, announced today that it has signed an integration agreement to receive MyPriceLink dynamic part pricing data from General Motors beginning on December 1, 2015.
MyPriceLink is the new real-time pricing initiative that replaces GM's monthly static price tape for its collision parts portfolio. The application was successfully piloted by collision repairers and insurers using AudaExplore's estimating platform beginning in July 2015. As a result of this agreement, AudaExplore users will have a seamless workflow experience when writing estimates for Genuine GM Parts.
"A year ago the industry asked General Motors to engage collision industry stakeholders in an effort to collaborate and integrate into our design of MyPriceLink. AudaExplore stepped right up….and we are very pleased they collaborated during this entire period; taking into account the needs of their customers, providing valuable technical assistance to the program, with the end goal being a seamless workflow solution for their customers on the AudaExplore estimating platform. It's fully integrated into the GM MyPriceLink system," said Kris Mayer, General Director, Wholesale Channel, Customer Care & Aftersales, General Motors Corporation.
The agreement makes AudaExplore one of a limited number of GM partners with an approved integrated solution with MyPriceLink. As such, AudaExplore's clients will be among the first to receive the dynamic pricing data at the initial launch of General Motors' new MyPriceLink application.
"This agreement demonstrates our commitment to provide AudaExplore clients with the most current technology available, and reinforces the strong relationships that Solera business units maintain with OEMs," said Gary Gumushian, Vice President of the Solera Global Automotive Center.
The integration of MyPriceLink minimizes workflow disruptions throughout the entire collision process. For collision repairers using the AudaExplore platform, the MyPriceLink integration will be seamless, and shops and insurers will continue to write estimates in the manner to which they are accustomed. Shops and insurers, who are not working with one of the major estimating systems providing the integrated solution, will need to visit the MyPriceLink portal itself or call dealerships for part price quotes.
"We have been testing the AudaExplore solution in our stores in the pilot market since July 22nd. The solution has proven to work seamlessly and we believe the integrated MyPriceLink workflow will benefit our operation by reducing part price discrepancies between systems," said Ken Lanier, Market Vice President – Colorado, ABRA® Auto Body & Glass.
As owners expect greater service throughout the life of their vehicle, AudaExplore helps businesses reimagine the ownership experience through its proven data-driven solutions. By delivering global data, easy-to-use technology and deeper insights into the ownership lifecycle, AudaExplore is leading the industry in making insurance carriers, repairers, dealerships and fleet owners more competitive and profitable. AudaExplore is a business unit of Solera Holdings, Inc. (NYSE: SLH), a leading global provider of risk and asset management software and services to the automotive and property marketplace, including the P&C insurance industry. For more information, visit www.audaexplore.com, or follow us on Twitter at @AudaExplore_.