Vehicle and Fleet Leasing

Vehicle Management

LeaseWave’s vehicle management capability is a single module that is used by both the fleet and lease sub-systems. It handles the entire vehicle life-cycle including build, purchase, on and off lease management, maintenance and remarketing. Other related attributes such as odometers (miles, hours), preventative maintenance schedules, locations (garaging, tax, registration), plates and drivers can be associated with each vehicle. Vehicles can also be linked with additional equipment (sleepers, cages, etc.) that can be tracked individually as assets or rolled in as components. A meticulous audit trail of all activity on a vehicle is maintained by the system for tracking and reporting purposes. LeaseWave also has specialization for truck fleet leasing.

Vehicle Build

Select from table-driven options to build vehicle

Download vehicle information from industry standard databases (ex: Chrome)

Edit any downloaded information

In addition to auto fleets, also manage truck fleet leasing on single platform

Alternatively, integrate with external databases without importing any information

Integrate with third party products related to truck leasing software

Clone from existing vehicles

Once cloned, make any changes to specific fields

Create multiple copies when cloning

Status Tracking

Define any number of statuses and sub statuses that an asset can be in

Use business rules to drive the automatic selection of a status and sub-status

Record a comprehensive asset snapshot on each status/sub-status change

Location Tracking

Track location history with full detail, each time asset changes location

Automatically ensure that taxable locations are valid jurisdictions

Associate each location change with an effective date

Effective dates can be prospective or retroactive

All sales / property tax ramifications are automatically handled

Allow customers to request location changes online through lessee portal

Odometer Readings

Track mileage or hourly-based odometer readings

Manage data quality through built-in reading integrity checks

Run exception reports to highlight erroneous readings

Accept odometer readings electronically or via updates from Driver Portal

Integrate with automated feeds from third party system aimed at truck leasing software

Driver Management

Track drivers as a separate “entity” in the system

Assign a driver to more than one vehicle, if needed

Generate taxable benefit reports per driver

Generate reporting specialized for drivers in truck fleet leasing

Allow drivers to access and enter key information from a Driver Portal