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Grey’s anatomy – the future shape of business travel in private cars

Grey’s anatomy – the future shape of business travel in private cars

A new report reveals the impact of grey fleet as a growing number of
employees use private vehicles on company business.
 
There are an estimated 70 million grey fleet vehicles in use in Europe alone and
this number is expected to rise as post-pandemic business travel changes.
 
The Fleet Future report, powered by Bynx, reveals that more employers are
considering the future role of company cars as they continue hybrid working
practices, including extensive use of digital channels for meetings. You can read the full report or download it here.
 

Fleet Future provides insights on:

  • Differing definitions for grey fleet
  • Size of the grey fleet market
  • Challenges of managing private
  • vehicles
  • Age differences between grey
  • fleet and company cars
  • Turning grey fleets green
  • The role of software in managing
  • drivers
  • Mobility-as-a-Service as a grey
  • fleet alternative 

Bynx QPaaS Brings Your Customers Closer

Depicts online fleet management
Bynx QPaaS gets you closer to customers

Smooth, Simple, Fleet Marketing as a Service

Working in your business while working on your business is tough.

And when you’re using multiple software systems, spreadsheets, content creators, content management systems and web-based platforms, you’re wasting time and money.

Enter Bynx QPaaS (Quotation Portal as a Service) – the one-stop, hosted management service that integrates sales, marketing and social campaigns with the vehicle leasing quotation process. In this first part of an exciting new blog series, we explain how Bynx is evolving to offer holistic and hassle-free software solutions that are futureproofing the operations of vehicle leasing brands big, small and anywhere in between.

Integrate my fleet management and marketing
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10 ways EVs are changing fleet management forever

We’re proud to tell you that we’ve launched the second edition of our regular Fleet Future report series, which includes analysis of the key ways the automotive industry will be permanently changed by growing demand for electric vehicles.

The report is available for download and reveals how demand for battery electric, plug-in hybrid and hybrid cars has risen so much that in the first quarter of 2021, alternatively fuelled vehicles outsold diesel in Europe.

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Joined-up fleet digitalisation prevents pandemic panic

LCV image

If you’re a fleet manager, the pandemic might have exacerbated frustrations caused when internal and external digital platforms don’t talk to each other.

But multiple cross-platform strategies are a smart solution that save you time, money and hassle by integrating services like vehicle purchasing, vehicle maintenance, vehicle hire and more in one intuitive fleet management interface.

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Back to Business 2

Like many others, our industry has suffered greatly throughout the global Coronavirus pandemic but now there are green shoots of hope to nurture and we’re here to help you in every way we can.

To that end, we have worked in consultation with industry experts and journalists to compile a series of back to business articles, covering some of the more salient topics that matter. Your can read or download them for free straight from our website using the links below:

THE IMPORTANCE OF FLEET RIGHTSIZING

MULTI-BID FLEET FUNDING

VEHICLE SUBSCRIPTIONS – A NEW CHALLENGE TO THE OLD WAY OF LEASING CARS

If you have any questions, or wish to discuss any of the topics listed, get in touch.

15 Tips for Grey Fleet Management

A screenshot of the cover of 15 Tips for Grey Fleet Management

Grey fleet management: increasing numbers of employees are making working from home a more permanent feature in their lives and abandoning the company car. Instead, they are opting to use their own vehicle for occasional business use, a trend that’s set to continue as long as the Coronavirus pandemic persists. This is what’s called “the grey fleet” and it introduces risk for the fleet manager that wouldn’t otherwise be there. The grey fleet has to be managed much like any other fleet vehicle – but that’s not always a straight-forward process.

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Vehicle subscription models – Are you ready to support them?

This image depicts two fingers, representing people enquiring about how vehicle subscription models work
Bynx fleet leasing software platform is primed and ready to support the new vehicle subscription model

Vehicle subscription models could be good for the fleet leasing sector, which is facing unprecedented challenges right now and business models are having to change. The latest offering of a business vehicle subscription service provides a welcome opportunity for both customers and fleet leasing providers. Potential customers are reacting favourably to the concept of accessing vehicles at a low-risk, with no long-term contract commitment or early termination penalties. In addition to the vehicle, a subscription model provides insurance, road tax, servicing and repairs, UK breakdown, accident, glass and tyres cover. This business model promises to be an important antidote to any fallout from the lockdown suffered by the leasing sector.

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Fleet software support for vehicle fleets during lockdown

Bynx continued to support its vehicle fleet, leasing and mobility customers through pandemic lockdown
Supporting vehicle fleet, leasing and mobility customers through pandemic lockdown

We felt the pressure during lockdown to continue to provide fleet software support to our customers – and we know they felt the pressure too! We were determined not to add to their stress so we made it a priority to clear the way so we could work at full capacity with sales and technical support – even with agents working from home. Just like everyone else, the uncertainty of lockdown made us nervous and we weren’t sure it would all go to plan. To compound matters, we provide fleet software support to customers and prospects globally and this meant dealing with different time zones, lockdown legislation, rules, regulations and fiscal issues. However, we’re proud to report that we did it! Bynx’s solution customers continued to enjoy the same high level of fleet software support and attention they always get – even though our physical offices were closed. We offered no excuses, delays or recorded messages. It’s also testament to our continued investment in our own I.T. systems and infrastructure. We’re less nervous now, having done this and can face the future confidently, no matter how uncertain it may be.

Working remotely through lockdown – Bynx fleet and mobility

Bynx working remotely through lockdown to support customers in the fleet, vehicle leasing and mobility sectors
Working remotely through lockdown to keep ourselves and our customers in business

Working remotely has been new for many companies over the Coronavirus lockdown period, especially in the vehicle leasing, fleet management and mobility sectors. And it’s entailed ensuring you have the right systems and security in place to support remote workers and customers.

Happily, Bynx was already familiar with the remote working concept, having been offering it as an option to our own employees (many of whom have young families at home) for some time. We had tried and tested our own technology, and the third-party apps we connect with (such as Microsoft TEAMS) and were pleased to be up and running remotely within hours of the lockdown announcement back in March 2020. Within a short time, we were able to deal with enquiries from prospects and carry out detailed presentations, at no cost or inconvenience to them. We now have a number of remote facilities available to Bynx sales, irrespective of where you are in the world and we look forward to being with you for the journey to the ‘new normal’.

Vehicle Remarketing – Bynx allows buyers to view and buy online

Vehicle remarketing - Bynx Remarketing allows car buyers to view and buy online
Bynx Remarketing enables buyers to view and buy vehicles online

Bynx’s enhanced disposal/remarketing module has been helping fleet owners sustain remarketing activity and vehicle sales throughout the Coronavirus lockdown.

Bynx remarketing technology, which is part of the standard release of Bynx fleet, leasing and mobility management platform, has been remotely deployed and implemented for customers during lockdown. It provides a task-based, process flow, user interface, which makes it highly intuitive and easy to use (without advanced technical skill). Fleet owners can conveniently carry out on-site, end-of-contract vehicle inspections and capture images for sales purposes. Prospective buyers can view real-time vehicle stock, specifications, maintenance histories and remarketing images remotely using a wireless device without the need to travel and with the added benefit of buying online – a win/win situation!

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