Print

Posted in:

New software tool stops auto-renewals on supplier contracts

A software tool that could cut costs for fleet operators by preventing automatic renewal of rolling fleet supplier contracts is to be introduced by FleetCheck.

Peter Golding, managing director, FleetCheck
Peter Golding, managing director, FleetCheck

According to managing director Peter Golding, rolling contracts are often poorly monitored by fleets, especially among SMEs, and could lead to increased costs and reduced efficiencies.

FleetCheck’s Contract Manager tool counters this by enabling users of its software to log a contract and its renewal date. This creates an alert in the software so that the deal can be properly checked and a proactive decision made about whether to continue with the supplier.

“This is a simple idea but one that will provide an essential prompt for fleets so that they can properly assess whether they are happy with their current supplier or otherwise. It helps to put some of basic tenets of purchasing best practice in place.”

Contract Manager will be added at no cost to the company’s core fleet management system during the first quarter of 2018.

For more of the latest industry news, click here.

Written by Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.

Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news.

4630 posts