Why now, more than ever, you should consider a multi-funder supplier for your company vehicles
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How well do your current arrangements work for you ?
Is your current vehicle supply set-up truly working for you ?
If you've worked with the same vehicle supplier for some time here's a few questions worth asking:
- Does the support you receive today feel the same as it did at the start ?
- Do you feel you are getting the best pricing on your replacement vehicles ?
- Do the services you receive match your needs - or more a case of what they offer ?
If you have answered "NO" to any or all of the questions above then it may be time for a review - firstly with your current provider - and then potentially with a potential new supplier.
As with most relationships, business relationships change over time - they evolve but not always for the better and they can become stale, neglected and not working in your best interests. What may have started out as feeling like a priority now might feel like your just "another customer" and partnership and collaborations have been replaced with simple transactions.
Your business has evolved over time, your team may have changed, fleet usage changed, costs have increased - have your vehicle supply arrangement matched your evolution ?
You don't have to settle for a vehicle supplier that hasn't moved and evolved with your business - and doesn't work to support your best interests. What's more it isn't an onerous task to switch providers - read our article on "legacy management - making change easy" to find out how simple a switch could be - and the difference it could make to your fleet.
Why a multi-funder supply model makes more sense than ever.
Working with a supplier with a multi-funder panel means you're not locked into one set of pricing, one policy, or one credit line.. instead you get:
- Access to the best rate across the panel at the time of order - no impact on your fleet policy - just savings on the vehicle in question.
- Access to appropriate tactical offers from manufacturers and funders - unlocking further cost savings and likely quicker lead times
- Ability to compare rates in real time at the time of ordering
Every new vehicle effectively goes to "tender" at the time of order - we do the legwork and you make the savings.
What about maintenance across several funders ?
Spreading your contract hire business across a number of funders could mean you have a number of maintenance providers to consider - and the need to remember which driver should call which provider for service, maintenance and tyres.
Best practice will ensure you retain the benefit of multi-funder supply - but single supplier maintenance provider - matched to their pricing for maximum savings and cost benefit.
This method ensures the pricing advantages are retained but removes potential confusion over who to call for maintenance - just one call or on-line booking for every driver !
For more information on what a maintenance package can look click here to download the "Upkeep" brochure
All the benefits, none of the clutter
We established that using a multi-funder supplier will provide significant price benefits - and the right provider will also provide the added benefit of a single cost matched maintenance and tyre rates - but there are further potential benefits in adopting this solution for your company vehicles.
- Cloud-based fleet management software ... AI supported and providing real-time vehicle insight, maintenance and service needs and compliance tracking. [ [ click here for an insight into fleet management tools ]
- Telematics-ready options - integrated into your fleet management software and reducing admin tasks related to safety tracking, sustainability and risk management
Most importantly with the right provider you have reduced both admin tasks and workload - accessing the whole market without havng to spend time yourself doing so - a single point of contact and interest that understands your business , your objectives, your vehicles and your employees.
So what's stopping you ?
If you've been with the same provider for years, or you or your team are spending hours trying to find the best rate to fit your timescales now is a good time to ask ...
- Are we getting the best rates every time we order ?
- Does our supplier actually know what we do ... why we do it and proactively help us to achieve our objectives ?
- Is our vehicle policy aligned to our busy today - and supporting our future business strategy ?
It's very easy to leave the things that appear to be working .. they may be the best solution for your business - or there may be something better aligned. Either way the only way to find out is to regular review your policy and providers and ensure that what you are doing is becuase it is the best fit for you - rather than the best fit for your provider.
NEV Leasing is designed to be different - we're not here to mend what isn't broken, but for many we believe there is genuinely a better way to source and manage vehicles and employee benefits.
Arranging a review with NEV Leasing is quick and easy ... simply call us on 01206 585837 .. email getintouch@nevleasing.com or click here to arrange a call back at your convenience
A review with us may simply confirm you have the best solution in place for your business both now and in the future - or it may just uncover some simply and significant improvements that have an immediate and lasting impact - that has to be worth a call surely ?