How to manage the financing of a car fleet?

How to optimize costs and manage the financing of a car fleet or car rental? Here is our advise to yield profit.

 

Managing the financing of a car fleet is one of the main areas of development for a car rental or fleet management company. Are you a landlord or fleet manager? Let’s see how to manage the financing of a car fleet, control depreciation, reduce costs and yield more profit through your business. All of these steps involve the installation and integration into your computer system of a car rental software which is suitable, such as myrentcar. We shall get back to this because first of all, it is important to understand why it is essential to manage the financing of a car fleet?

Why manage the financing of a car fleet?

Managing the financing of a car fleet is very important when it concerns the management of a rental business or fleet management. Proper cost management of a car fleet and optimal amortization of your investments lead to many advantages in terms of profitability and growth. Are you investing in a car to lose money? No, most of all, you want to yield profit in the long run, and this is definitely natural!

 

Managing the financing of a fleet of cars allows you to increase margins by optimizing financing! Not to mention, proper management of car fleet financing will allow you to better manage your bank commitments when it comes to your future investments. This is the reason why managing the financing of a car fleet is extremely important and should not be overlooked in the rental business and fleet management.

How to choose a fleet finance management software?

Do you want to choose a fleet finance management software which suits your requirements? That’s good, the myrentcar SaaS solution integrates all the features to meet the challenges of your profession! The myrentcar fleet finance management software favors efficient management of all cost management cycles and optimizes profitability. How does it work? It is very simple!

 

The intuitive interface of myrentcar fleet finance management software, allows you to create a voucher through the duplication of cost value over the desired period. Following which, you select the types of purchase to transfer to accounting, which is based on a reference date. Through the myrentcar vehicle fleet financing management software, you can edit a summary report before confirming your purchases. You can easily consult your accounts and find the history of internal and external purchases through the automobile file.

 

Consulting the date-to-date vehicle balance sheet or the total balance sheet, allows you to analyze the financing costs by vehicle or by type of purchase transaction. All of these operations are carried out through a few clicks using the myrentcar fleet financing management software! That’s not it, in order to support you sustainably in the development of your rental activity, myrentcar is compatible with credalis financing management tool: the ideal solution for optimizing the management of car fleet financing!

How to optimize the management of car fleet financing?

The credalis tool has been designed to optimize the management of car fleet financing. In order to manage your investments in a sustainable manner, it is better to opt for a complete and efficient IT system. Developed by the experts hitechsoftware, the credalis car fleet financing management solution ensures total monitoring and proper allocation of the financing of your car fleet, through its many features.

 

The credalis car fleet financing management solution offers:

• Monitoring and editing of financing files
• Check-in with bank withdrawals
• The allocation of financing different vehicles (multi-vehicle financing case)
• Accounting for funding
• Obligatory tax statements
• Editing schedules with outstanding capital calculation
• Funding simulation

 

Credalis is compatible with the myrentcar fleet management software. You will find the financing in the various analysis tools (car balance sheet, fleet profitability analysis, purchasing analysis, etc.). In order to optimize the management of car fleet financing, myrentcar will make it possible to consult the recorded values but also to anticipate values based on a capital outstanding, throughout a period.

How to download software to manage fleet financing?

Do you wish to download the software to manage car fleet financing? There is no need to do so, the myrentcar fleet management solution doesn’t need any download! Accessible in the SaaS mode through a simple browser with an internet connection, myrentcar optimizes the management of car fleet financing from your desktop or your smartphone! The hitechsoftware teams handle integrating the accounting and financial data and provide you with long-term support, while managing car fleet financing. Get a demonstration of myrentcar and credalis management solutions, by simply filling out the form below.