Leasedrive Makes Major Systems Investments

Leasedrive Group, the subject of a recent BIMBO transaction valued at £45m, has just signed two major IT contracts. By the autumn, Leasedrive aims to have built a world class fleet management service capability. The first contract signed is with CHP Consulting for the provision of ALFA, the market leading solution for the asset finance, consumer finance and automotive finance industries. ALFA systems will be used to provide critical support for the group's contract hire and fleet management business processes. The second contract is with epyx, the leading automotive software specialist, to develop a bespoke range of pioneering online customer services.
Chief operating officer, David Bird said: "When we completed our BIMBO transaction at the end of May, we announced that we would be making significant investments in the business. Without doubt, the ALFA and epyx systems are world class and, by successfully integrating them, we will have the best leading edge quality business solutions in the fleet industry. Leasedrive and its customers will benefit from the finest asset management system and pioneering web-based customer service technology."
"These investments are central to the launch of a new range of product and service innovations. When available, Leasedrive will set new benchmark standards for operational and customer service quality in the industry."
"ALFA, with its best-in-class customer relationship management capability,
will allow us to raise the bar for levels of quality customer service and
efficiency."
"Meanwhile, epyx will enable us to deliver new levels of customer control online. For example, a fleet manager will be able to order vehicles online and track them through the entire production and delivery process. Then, during the company car life cycle, he will have total control of the service, maintenance and repair schedules."
The ALFA system is built on a fourth generation database and will allow the Leasedrive Group to fully integrate all its business processes and accommodate future growth.
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Leasedrive Velo is the largest independent privately-owned vehicle management group in the UK and comprises two main operating divisions.
Leasedrive Velo Vehicle Management
Working in partnership with fleet managers, or delivering a complete outsourced service, Leasedrive Velo offers blue chip clients a range of bespoke fleet management services. Major investments in the finest asset management system and pioneering, flexible, web-based customer service technology have resulted in Leasedrive Velo offering customers a truly world class fleet management service capability.
Leasedrive Velo Rental Management
One of the largest short-term vehicle rental management companies in the UK, with access to an almost unlimited choice of vehicles and locations throughout the country, Leasedrive Velo Rental Management offers a simple and transparent pricing policy with no hidden surcharges. For rentals of 28 days or more, it offers the Stopgap mid-term vehicle rental solution. Rates are substantially reduced compared to daily rental.
The headquarters for Leasedrive Velo is at hi-tech offices at TRL in Wokingham. Leasedrive Velo is the winner of the 2006 Fleet News Award for 'Best Contract Hire/Fleet Management Company' the 2006 GreenFleet Award for 'Leasing/Rental Company of the Year', The 2007 and 2008 Thames Valley Business Awards for 'Business Management Team of the Year' and the 2007 ITM Award for 'Independent Vehicle Management Company'.
For further press information on Leasedrive Velo, contact:
Mr Jeremy Snook
JSPR Ltd
Telephone: 01488 670002
Mobile: 07957 867139
Facsimile: 01488 670008
E-mail: jeremy.snook@jspr.co.uk
Website: www.jspr.co.uk