FraudCast
Every dealership has contracts. But not every dealership actually knows what’s in them. Welcome to FraudCast, the podcast that cuts through the fine print of automotive vendor and contract management — exposing what’s really driving (or draining) your bottom line. Brought to you by Updation — the automotive SaaS company forged from frustration, not fanfare. We weren’t built in a boardroom; we were born in the trenches of dealership accounting, where broken systems and cash flow chaos demanded better. Today, we’re redefining automation and financial intelligence so your contracts work for you, not against you.
Each episode pulls no punches as we dig into:
- How to spot vendor overcharges, duplicate invoices, and “creative” contract language
- Proven strategies for managing vendors and reducing financial risk
- The rise of AI and automation in dealership finance
- Real-world stories of dealers who turned chaos into clarity with smarter systems
If you’re a Dealership Owner, CFO, Controller, or GM in the automotive, truck, RV, or powersports space, this is your playbook for smarter financial control and sharper operations. FraudCast isn’t another industry podcast. It’s a wake-up call — and a roadmap — for dealership leaders ready to take control of every contract, every vendor, and every dollar. Tune in. Get smart. Never get taken for a ride again.
FraudCast
Built From Pain, Not Pitch: The Updation Origin Story
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Ready to hear how a dealership platform was born from real scars—not a glossy pitch deck? In FraudCast’s debut, Updation Co-Founders Layton Judd, CEO, and Ralph Perkins, COO, share Updation’s origin story and pull back the curtain on the costly blind spots hiding in back-office workflows: ghost vendors, invoice mismatches, vendor creep, margin erosion, and those marathon check-signing sessions that still miss problems. They share how connecting contracts → invoices → approvals → budgets—with AI catching duplicates and anomalies before money leaves the store—creates true financial clarity.
Why listen:
- Learn how to tie spend to contracted terms and stop leakage at the line-item level
- See how transparent, AI-driven audit trails build trust with OEMs, lenders, and auditors
- Get practical ways to prioritize payments by terms/history/risk to protect cash flow
- Hear a real duplicate-charges incident—and the controls that would have prevented it
- Understand how stretched loan terms (72–96+ months) impact defaults, depreciation, and liquidity
- Discover how reallocating A/P time (titles, payoffs, CSI) offsets margin pressure
- Preview Vendor Health, a KPI framework to strengthen dealer–vendor performance
If you’re a Dealer Principal, Controller/CFO, or Operations Leader ready to swap vendor chaos for transparent controls, Episode 1 gives you a clear playbook: where profits leak, what to fix first, and how AI-assisted workflows deliver measurable value in weeks—not months.
Be sure to subscribe for more episodes of the FraudCast.
For more information about Updation, visit our website: www.updation.ai
Connect with Layton Judd on LinkedIn: www.linkedin.com/in/laytonjudd/
Connect with Ralph Perkins on LinkedIn: www.linkedin.com/in/ralphperkins/
Follow Us: www.linkedin.com/company/updationai/
Podcast Directed and Produced by: www.hiredgunsagency.com