While the LeaseWave® Portfolio system reliably covers the requirements of standard auto leasing software, the LeaseWave® Fleet fleet management software system allows users to administer value-added, vehicle-related services, such as license management services. The management of highway tolls, parking tickets, plate renewal fees, etc. falls under the purview of license management. The LeaseWave® Fleet fleet management system has sophisticated license management capability. For example, vehicles can be set up with plate renewal information. Then, through a manual process or an automated batch, vehicle plates can be renewed. A meticulous audit trail is maintained any time plate renewal data is altered. Moreover, the system has the capability to charge-through (to the customer) parking tickets, highway tolls, etc. Appropriate payables are generated to the relevant governmental/other authorities, whenever applicable. During the license management process, administrative fees can also be billed out to the customer. When invoiced, these fees can be blended with the license fee charge.
The customer charge backs can then be billed out as part of regular fleet management services independent of lease-related billings; alternatively, license management charge backs can be invoiced using the standard automobile leasing software capabilities of the LeaseWave® Portfolio system.