Fleet News

IDS aims for true pan-Euro system

Automotive industry data and software provider International Decision Systems has revealed plans to create the first pan-European leasing software system as part of its expansion plans.

The firm is calling on major leasing companies with a pan-European presence to get involved in creating the system, which has the potential to slash costs and streamline operations across national boundaries.

Already its computer software, which includes a contract hire and leasing package, accident management software, daily rental systems and a browser-based quoting system, is used by leasing firms which operate 80% of the Fleet News FN50 leased fleet.

A spokesman said: 'Our software means that small leasing companies can grow effectively without increasing their headcount. But we are also co-operating with multinational firms that are keen to get into the pan-European market. People talk about offering a true pan-European leasing operation, but we are in a position to make sure they can offer a service backed by a single system.'

He added: 'We want to finish 2004 with a pan-European leasing system in operation. We see European operations as a major area of growth.

By delivering customers with systems that help productivity, reliability and make them more competitive, we are certain this will help us grow.'

The firm's announcement of its plans for a pan-European system came following its acquisition by the IDS management team and private equity firm Schroder Ventures.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee