Arval has said that since switching to MoDel, the time in which they are able to pay dealerships has reduced to 24 hours.
Owned by BNP Paribas, Swindon-based Arval operates a fleet of around 160,000 cars and vans in the UK, and is part of a wider global operation that adds up to more than 1,000,000 vehicles in 28 countries.
Arval employs Ebbon-Dacs’ market-leasing e-procurement platform Leaselink, and from this comes the MoDal complementary software.
MoDel has been designed to allow Leaselink users to automatically upload all electronic vehicle delivery and collection information directly into the platform.
Arval UK’s vehicle acquisitions manager Claire Hughes (pictured) said: “The use of MoDel had speeded up Arval’s ability to start the new vehicle contracts for our corporate customers significantly and allowed much faster payment to its supplying dealers.
“Originally, we would have to wait 4-5 days to receive delivery paperwork back from our dealers.
"Now, it is uploaded instantly and the new vehicle appears on our system after 24 hours.
"That speeds up the process for our customers and allows us to pay our dealers more quickly, too.
“Since we began using MoDel 18 months ago, some 90% of our new vehicles are now delivered through the system by our preferred dealer network and, in our latest tender, we have stipulated that this should be increased to 100%.
“This is something that many of our dealers welcome as it guarantees them faster payments and a better vehicle handover experience as the system walks the delivery driver through the process so that nothing can be missed out.”