An overwhelming majority of lease companies currently use reactive and error-prone information-gathering methods to run their operations. Often, historical information and estimations replace actual in-life data for determining accurate oil changes, vehicle service and warranty service requirements.
Having access to real-time telematics data provides you with highly accurate insights to mileage driven and driving habits, completely transforming your operations.
Telematics-based insights and can help you:
- Proactively renegotiate lease agreements in advance of renewal as needed and based on in-life vehicle usage
- Identify drivers with vehicle health or servicing needs to help prevent vehicle breakdown
- Streamline claims handling and reduce claims shelf life with real-time access to accident data and first notice of loss (FNOL) alerts
- Locate and recover stolen lease vehicles promptly
- And more!