| After extensive research, Fleet management | | | | entire range of fleet operations while |
| consultants Odessa Technologies, Inc. recently | | | | comprehensively managing the entire life -cycle of |
| identified key trends shaping the fleet management | | | | the underlying lease contract. Typically, the fleet |
| industry. Among these key trends, in addition to | | | | leasing life-cycle begins with the issuance of a fleet |
| real-time exchange of information, users can expect | | | | card and ends when the vehicle is taken off-road. |
| to see greater functionality derived from (1) the | | | | With a continually expanding choice of services, fleet |
| integration of leasing software and fleet management | | | | management companies can choose software |
| systems and (2) web-based fleet/leasing software. | | | | applications that are equipped with fuel purchase |
| With the advent of Internet-based fleet | | | | management, maintenance work management, |
| management software, fleet management companies | | | | accident management, license management, fleet |
| can now leverage the accessibility of the Web to | | | | card administration, exceptions reporting, and |
| create significant advantages over traditional leasing | | | | customer billing capabilities, just to name a few. When |
| software products. | | | | this is coupled with fully integrated lease management |
| Benefits of web-based design | | | | functionality, there is a new value add that is brought |
| One of the benefits of the added functionality | | | | to the table. The customer can now be viewed in |
| attributed to Web-based software is an increase in | | | | terms of all the services or products that they are |
| operational efficiencies. In the past, the ability to | | | | paying for and not just in isolated fleet or lease |
| manage complex relationships across all customer | | | | terms. Further, the company's internal profitability, as |
| types has been challenging. Current technology | | | | a result, can also be better analyzed. This allows |
| enables users to connect with the fleet management | | | | salespersons, for instance, to more effectively |
| company or lessor from any location equipped with | | | | negotiate the various terms of a customer |
| Internet access. The traditional one-way pipelines of | | | | relationship that includes fleet and leasing products. |
| data delivery thus become forums for information | | | | Integration and customization |
| exchange. Additionally, the integration of leasing | | | | Fleet leasing services can be administered either as |
| software and fleet management systems can result | | | | value-added services that complement the lease |
| in demonstrable cost savings for the business. More | | | | life-cycle or as separate, stand-alone product |
| specifically, fleet management software is capable of | | | | offerings - independent of leasing. The choice is |
| connecting business partners in real-time, thereby | | | | entirely dependent upon the individual business's |
| significantly reducing communication cycle times. | | | | needs. An advanced fleet management software |
| Integrated Lease & Fleet management software | | | | product provides seamless integration between |
| solutions | | | | existing systems and allows for some level of |
| Designed specifically for fleet and lease management | | | | customization thus ensuring the long-term success of |
| companies, Odessa's software suite can address the | | | | the investment. |