Continuous License Monitoring: Myth vs. Fact — Part Two
By Trent Dressen, Director of Sales, SuperVision
When it comes to business administrative duties, time is always a scarce resource.
In the fleet industry, a large portion of administrative duties revolve around driver license monitoring. Tasks such as running motor vehicle reports, CDLIS reports and filing paperwork all take time, and that time can add up fast. What if there was a program out there that could lighten this workload and streamline processes?
Myth: Continuous License Monitoring creates more complicated processes and a higher administrative burden
Fact: Continuous license monitoring saves administrative time
Sofico Celebrates a Year of Global Success, Enters Partnership with Ergon Capital
Following another year of record growth, global automotive finance, leasing, fleet and mobility management software provider Sofico, has revealed its five-year strategy for continued success - dubbed Vision 2025.
The five year strategy aims to build a bigger, better, stronger and smarter company with the purpose of better serving fleet, finance and leasing customers who require sophisticated, future-ready systems to respond to the changes in the automotive finance and mobility space.
Gémar Hompes, Sofico Managing Director, commented: “Building on a successful few years, with record figures in 2019, we have now laid out a strategy for sustained long-term success. “Sofico has grown from the grassroots as a privately owned company, allowing us to focus autonomously on long-term objectives.
Fleet Sales Up Slightly in February, Continue to Track Lower Year Over Year
Year-over-year growth in fleet sales continue to track lower - February was 278,561, up slightly from 271,130 in February 2019 - even as combined rental, commercial and government purchases of new vehicles were up 2.7% in February.
FCA in February was the top performer with fleet sales increasing 46% year over year from a low base and overtaking General Motors, which led fleet sales last month. Nissan saw the largest fleet sales drop again this month at -44%, according to our analysis of the data, compared to February 2019.
Toyota and Ford had lower sales in February, decreasing slightly below 1%. February continues Q1, as expected by our team, with lower fleet sales than the prior year.
Read the article at Cox Automotive.
You Can Learn a Lot from Fleet Suppliers
In these times of rapidly evolving technologies, it’s more important than ever to be aware of the new products and services that fleet suppliers are offering.
After a Collision: Automating Repair Estimates
CEI has developed a customized link to help drivers gather photos of a vehicle after certain collisions - which results in time saved and a better-optimized estimating process.
