Ebbon-Dacs
E-procurement
saves lessors up to 15%
Go deeper with GlobalData
Fleet buyers who use e-procurement
technologies rather than traditional methods such as phone and fax
are saving between 10% and 15% on new vehicles, according to
Ebbon-Dacs.
The Oxford-based online solutions provider said its
research shows that by using e-procurement and electronic tracking
of vehicles in the order pipeline, companies can generate
significant savings, through reduced acquisition and administration
costs, improved productivity, fewer errors and increased
efficiencies.
Ebbon-Dacs managing director Rob Pilkington said:
“At a time when many fleet buyers are looking to cut operating
costs, those that continue to rely on old technologies are clearly
missing a trick and paying more than necessary throughout the
vehicle procurement process.”
He added that e-procurement works well for leasing
companies, but is equally viable for large outright purchase
fleets.
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By GlobalDataThe company said currently 10 of the UK’s 15
largest contract hire and leasing companies use its flagship
e-procurement solution Leaselink to source and buy their new
vehicles.
Target Group
Successful year
sees turnover up 22%
Financial software and outsourcing company
Target Group saw a 22.5% turnover increase last year to £22.2m.
The technology specialist – which operates in the
UK, Australia and New Zealand – said it has increased its team by
43% over the past year, and now employs 350 people.
Target Loan Servicing, the company’s outsourcing
division, won four new contracts in 2009, and had 11 contracts
signed or under negotiation at the end of 2009, including contracts
to service motor loans and commercial loans.
James Rudolf, CEO of the group’s other division,
Target Software, said: “It is this versatility and depth of our
products and services which have ensured such a successful
year.
“We have ambitious growth plans which include
expansion in the Asia-Pacific region over the coming year.”
The company has a client list of a number of
finance and insurance companies including Barclays, Bank of America
Merrill Lynch, Credit Suisse and NFU Mutual.
CFC Solutions
Hike in licence
checks
CFC Solutions has seen a fourfold increase
in the number of driving licence checks via its Licence Link
product – which checks with the DVLA database online to see whether
drivers have any convictions.
The UK fleet software specialist said that since
the introduction of its software 12 months ago, the level of
interest by fleets has “snowballed very rapidly”.
CFC managing director Neville Briggs said: “What
seems to be happening is employers are recognising that ensuring
drivers have the licences and points which they claim is an
essential part of any risk-effective management policy.”
“It is something that fleets are taking seriously
and so a product like Licence Link, which essentially automates the
task of licence checking, is an obvious solution. It is part of the
ongoing process of fleets becoming more risk aware.”
CFC Solutions said around 20% of the licences
checked had between 3 and 11 points, and 1% had 11 points.
Briggs added: “By identifying these drivers,
employers can take remedial steps to try and improve their level of
risk such as targeted training.”
TMC
40% rise in demand for Mileage
Capture system
Mileage expense cost management specialist
TMC saw a 40% increase in the number of drivers using its Mileage
Capture system last year.
The company, which said Mileage Capture can help
reduce mileage-related claims costs by an average 25%, said more
than 70,000 drivers now use its system to report details of their
business journeys and overall mileage.
TMC managing director Paul Jackson said: “Our
growth last year was fuelled by the rising cost pressures on
fleets, which see that they can achieve substantial savings by
making Mileage Capture their first line of defence against
unnecessary mileage costs.”
