CCC News & Insights

September 18, 2013

CCC TRUE Parts Network Connects Parts Suppliers and Repairers for the Seamless Purchase of Parts

Chicago, IL, September 18, 2013 - CCC Information Services announced today the launch of its CCC TRUE™ Parts Network, a parts-focused initiative that is connecting the industry’s parts suppliers with CCC’s expansive customer base of repairers and insurance carriers. The CCC TRUE Parts Network integrates with the CCC ONE® Platform, providing parts suppliers of all sizes with a suite of solutions to display their parts, provide real time price quotes and electronically sell their available parts inventories as estimates are being written. Insurance carriers using CCC ONE can view parts and receive real time quotes. Repairers using the CCC ONE™ Repair Workflow solution have the same functionality, plus the ability to electronically purchase parts. CCC customers write more than 10 million repair orders each year and purchase billions of dollars in parts annually. The CCC TRUE Parts Network is the first in a suite of offerings developed by CCC for auto parts suppliers.“The dialogue around auto parts has commanded a lot of attention from all corners of the industry,” said David Boden, Vice President of CCC’s Parts Services Group. “As we listened to what was being said, it became clear that convenience, control and choice were shared concerns. Because CCC already connects repairers and insurance carriers, supporting millions of claims-related transactions, the CCC TRUE Parts Network is a natural extension of our core business, and one that can create additional value for our existing customers, while creating new opportunities for parts suppliers. Early results from the CCC TRUE Parts Network are very positive and show that parts suppliers are benefitting from an integrated channel to parts buyers and repairers are seeing parts performance improvements.”CCC TRUE Parts Network – Early ResultsThe United Recyclers Group (URG) was an early participant of the CCC TRUE Parts Network. URG’s recycled parts data listing service, which includes data from its more than 500 auto recycler members, has been integrated with the CCC ONE Platform, providing users with direct and immediate access to comprehensive recycled parts inventory, availability and pricing. According to Don Porter, Executive Director for URG, “Since URG members began displaying their recycled parts inventory within CCC ONE we’ve seen more of our members’ recycled parts being added to repair estimates. We’re excited with the early traction we’ve had and look forward to future integration with CCC.”LKQ/Keystone Aftermarket Parts was also an early participant of the CCC TRUE Parts Network. The company has been working with CCC to introduce quoting and electronic procurement of its salvage and aftermarket parts with repair facilities across the country. According to Terry Fortner, Vice President, Industry Relations and Market Development for LKQ, “Participation in the CCC TRUE Parts Network has put LKQ’s salvage parts and Keystone’s aftermarket parts directly in front of repairers as they are making parts purchasing decisions. Because the parts quoting and procurement are integrated functions within the CCC ONE Repair Workflow solution, we’re already seeing more parts orders and fewer parts returns.”From a repairer perspective, obtaining quotes and purchasing parts has never been easier. Michael Castillo, Manager of Auto Art Collision Specialists in Escondido, CA, an early user of the parts procurement functionality stated: “I logged into CCC ONE and the parts quoting and electronic procurement function just appeared – I didn’t have to do anything to start buying the parts I need, when I need them. My Keystone sales rep has been great and is still there if I need him and my guys are saving time since they no longer have to fax or phone-in any orders or follow-up on delivery status.”Join the CCC TRUE Parts NetworkParticipation in the CCC TRUE Parts Network is open to all parts suppliers. The current offerings of the CCC TRUE Parts Network include the ability to display parts inventories, provide real time quoting of parts pricing and the ability for suppliers to sell parts electronically. Parts suppliers interested in becoming part of the CCC TRUE Parts Network, please visit: www.ccc-true.com.Get Parts Quoting and Procurement in your ShopIntegrated parts quoting and procurement are available now, free of charge, to CCC ONE Repair Workflow customers with the Control, Optimize and Innovate product packages. No setup is required. Repair facilities interested in learning more about integrated parts procurement within CCC ONE Repair Workflow, please visit: www.cccis.com/repair-workflowAbout CCC Information Services Inc.CCC brings together what matters most - insight to make the best decisions, connections into the industry’s leading auto claims network and superior productivity through an innovative single platform. Founded in 1980, CCC is the nation’s leading provider of advanced software, workflow tools and enabling technologies to the automotive claims and collision repair industries. Its client base includes more than 350 insurance companies and more than 21,000 repair facilities. CCC also delivers the most comprehensive, best-in-class industry insights by leveraging data captured from the millions of transactions processed through its network, and the forward-looking, trusted advisor perspective of its people. You can find out more about CCC Information Services Inc. by visiting the company’s web site at www.cccis.com.To learn more please contact:John DeRangoGlobal Marketing and Product StrategyCCC Information Services312.229.2110jderango@cccis.com