Fleet News

Car Finance Options (cfo) wins top award

A NEW 'cash or car' software package has won an innovation award in the Institute of Transport Management's prestigious annual awards. The recently launched cfo (Car Finance Options) software has been developed as a co-operative venture combining the talents of Deloitte & Touche (one of the world's largest accountancy firms), CAP Motor Research and Fleet NewsNet, following rapidly increasing interest in the whole 'cash or car' debate.

The software enables fleet decision-makers to examine the pros and cons of offering their employees a cash or car option. The key to the product's appeal is that it simplifies the otherwise complex calculations involved in the cash or car evaluation process and produces concise answers. At all stages in the calculation procedure a number of 'what if?' scenarios can be input into the system and recalculations shown.

For more information on cfo and to receive a product brochure and free demo disk, telephone 01733 467186.

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