Vehicle rental business Charthire has chosen Real Asset Management (RAM) to help streamline its asset management process and more efficiently manage its large vehicle fleet.
Prior to working with RAM, Charthire was managing all of its assets on a 21 page spreadsheet. It was at risk of human error and was taking staff between two weeks and a month to prepare the end of month reports. Charthire realised that due to the rapid growth of the business, it needed a system that was not only an enterprise solution but one that was also flexible enough for its growing needs.
Robert Pick, finance director, Charthire, said: “As a company, we had grown rapidly and our asset management processes were not reflecting this. We knew that we needed to invest in a system that could not only help us to better manage the fleet we currently have, but also one that could grow with us as we expand. In RAM’s Asset 200 software we found a system that was all of this as well as simple to use.”
RAM’s reporting functionality will provide Charthire with the ability to interrogate its data and gain business intelligence to forecast performance.
“The system allows us to do more than just manage our assets; it is enabling us to start undertaking data analysis and gain valuable business insight that will help us to identify trends, highlight opportunities and plan for growth,” Pick added.
Since implementing Asset 200 earlier this year, Charthire has seen significant time savings and has established a more streamlined process for the team managing the asset records. Charthire was already using Sage 200 and its Sage business partner, Solutions for Accounting, already working closely with RAM naturally recommend Asset 200 as a suitable and integrated solution.
Charthire also went through a data cleanse as part of the implementation process which has helped it to ensure that all records are up to date and accessible to the appropriate teams.
Pick concluded: “RAM has been extremely attentive to our needs as a business and I have to say that the support and assistance from the RAM team has been second to none. They are really accommodating and will always do their best to answer any of our questions comprehensively and quickly. We look forward to continuing our relationship with them and expanding our integrations in the future.”