RentalMatics translates telemetry data into proven business wins.

Benefits

Telematics holds the key to cost saving in car rental.

Generating Proven Returns for the Car Rental Industry

Data-driven insights for operational wins

Insurance Savings

Pre and post crash telemetry has
been shown to eliminate insurance fraud and dramatically reduce unauthorised usage, and thwart vehicle theft.

Increased Utilization

Delivering custom reports that cut downtime and improve turnaround times, highlighting opportunities across all areas of fleet control, in real-time.

Reduced Wait-Times

Delivery and collections through the app saves time and reduces pressure on front desk teams. GPS locations cut wait time and drive turnarounds.

Significant Insurance Savings

RentalMatics cuts fraudulent claims by as much as 45%. When a leading car rental company applied RentalMatics insights, from its patent pending alogrhythmic dashboard, the number of fraudulent claims fell by over 45%, on a fleet of 4000 vehicles. Over a 12 month period, savings of 1.5M euro were recorded.

The RentalMatics Platform is proven to drive operational efficiencies and deliver significant savings

Significant Reduction in Insurance Costs:

When a leading European car rental company applied RentalMatics to a fleet of 4000 vehicles, the number of bodily injury claims fell by 45%. Over a 12 month period, insurance savings of $1.8M were recorded.

Improved Asset Utilization:

RentalMatics insights led to a reduction in turnaround times and improved stock management, which resulted in a 3% increase of vehicle utilization.

Improve Customer Service and Satisfaction:

By better managing how drivers used the vehicles and identifying missed fuel payments, RentalMatics helped to reduce fuel costs by nearly 20%.

Increased Customer Revenue

RentalMatics has been shown to increase customer revenue by $30 per vehicle per month. Create new revenue through the sale of RentalMatics as an add-on service to your corporate customers, enabling them to track their own rented fleet through the RentalMatics portal.

RentalMatics can also drive ancillary revenue for fleets that move across borders, identifying and charging for unpaid border crossings.

Drastic Reduction in Fuel Costs:

In market tests, the automated stock check feature drove operational savings of $79,000.

Increase Efficiency To Reduce Labor Costs:

With more visibility on vehicle location, turnaround times and fuel requirements, all labor becomes more focussed, driving up productivity and decreasing labor costs. 

Elimination of Unauthorized Vehicle Usage:

By cutting down on the personal use of vehicles, our customers saw a productivity increase and further reductions in fuel costs.

Thwarting Theft:

To date, one of our key customers has recovered 13 stolen vehicles since deploying the solution. At roughly $20,000 per vehicle, the company has saved more than quarter of a million dollars in new vehicle purchases. ‘Unauthorised movement alerts’ increased recovery after theft by 90%.

Impact the Environment and Bottom Line:

Our customers have recorded a reduction in their carbon footprint, and noted a 20% fall in carbon dioxide (CO2) emissions.

Stock Check Automation

RentalMatics fully automates the process for stock taking in-branch. In market tests, this drove operational savings of $79K per year. That was $15 savings per vehicle per year based on a fleet of just over 4000 vehicles.

To discuss these and other wide ranging benefits, talk to one of our specialist advisors today.

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