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A grey area – do you really understand grey fleet and its impact on fleet?

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 Launches the Future of Fleet and Mobility Management Insight Series

A cover shot of Fleet Future Issue 1, Mar/Apr 2021.

The future of fleet and mobility management is in need of insights. Now more than ever. As we move out of lockdowns and into a new kind of normal, it’s time to collaboratively share ideas and seek expertise from industry insiders.

To that end, we’ve launched a Fleet Future Insight series in partnership with Asset Finance International. Issue 1 is out now and considers the future shape of the fleet market. As Coronavirus vaccines help stabilise the pandemic and help the global economy back to full strength, we ask – what’s next?

Issue 1 also features interviews with key industry experts. We have Arval’s Miguel Cabaca, who recently moved from his role of UK managing director to head up the leasing company’s operations in Spain. We’ve also got industry consultant Keith Allen. You can read the issue online or download it here.

Vehicle Accident Management Re-engineered in Bynx v12.14

Released in March 2021, Bynx latest software version Bynx v12.14 includes a completely re-engineered accident management module, simplified access to emissions data and the inclusion of more user guides within the product itself.

This release also includes continuous functionality enhancements to the maintenance module within Bynx and improved reporting, which can be applied throughout the lifecycle of a vehicle, contract or reservation. Together, these enhancements provide the following benefits:

Better control over fuel card transactions.
Bynx has further enhanced its WLTP API in preparation for the latest price and specification updates from the leading suppliers.
Improvements to contract management to further distinguish between B2C, B2B and international customers.

Read the full release here……..

Bynx 12.13 focuses on fleet maintenance

Fleet maintenance features prominently in this major technology release. Bynx 12.13 has advanced database performance, added support for commercial fleets, an enriched maintenance management module and more……..

Back to Business for fleet, leasing and mobility providers

Returning to a new normal for vehicle fleet, leasing and mobility operators is not going to be easy.

Determined to do everything we can to get ourselves and our customers back to business, we’ve researched, compiled and published a 21- page dosser: Getting Fleet, Leasing and Mobility Back to Business, which you can download for free here.

For some, lockdown has entailed quickly adapting to new opportunities and ways of working. For others, business, as they knew it, has been decimated. They’ve had to turn and face the proverbial blank drawing board.

We’ve gathered information, expert views and potential strategies that will help prepare fleet, vehicle leasing and mobility businesses for a new future. The purpose is to help navigate the uncertain journey that lies ahead with leadership and insight. We’ve also included details about technology and fleet innovations that can support the transition as the demands and requirements of business will undoubtedly change.

The 21-page dossier goes into detail about the following topics and more. You can read a review of it here:

Protecting cash-flow (the lifeblood of every organisation).
Driving revenues, reviewing risk management (and why it matters more than ever).
Re-examining mobility options and fleet right-sizing.
Re-evaluating fleet policy, systems and innovation.
Operational fleet management, outsourcing.
Policy compliance and management reporting.

Gary Jefferies, Bynx sales and marketing director, is the lead editor, Keith Allen BSc FCA, consultant – is the consultant contributor and Alison Pittaway, Written Content Plus – author and editor.

Increase fleet productivity and revenues – Bynx v12.12

Bynx v12.12: changes to user interface help drive fleet productivity and new revenue opportunities for fleet, leasing and mobility providers

Better fleet productivity with Bynx v12.12

We recently announced the launch of version 12.12 of our fleet, leasing and mobility management platform Bynx. The latest release will be available from the end of July 2020.

Bynx v12.12 builds on the drive away from data-centric paradigms to process oriented systems. Such systems deliver greater efficiency, and fleet productivity, flexibility and customer experience.

This latest release contains the first phase of a new maintenance management module. With enhanced customer interface, task management and status based processes, this module delivers greater efficiency. It also includes several improvements to existing features and developments. Specifically, these are in the area of Bynx management information and reporting. They also improve customer facing and financial reporting outputs. Read a news article about v12.12 here. You can find more and download the full release here…..

Way too many firms still relying on outdated fleet technology

Outdated fleet technology is weighing them down, Says Keith Allen, vehicle leasing industry veteran and ex-ALD Automotive UK MD who is now working for Bynx as a freelance consultant.

Allen warns that as brokers position for power and influence over the industry, businesses that are still reliant on 20-25-year-old legacy systems will not be able to compete in the new “usership” and car-sharing future.

He has some sage advice about how companies can position for the new futures. Click here to read the full press release……

Digital Signing More Important than ever

It’s critical in fleet, leasing and mobility management to ensure contracts are watertight. So digital signing is more important than ever, especially when many people are still socially distancing. In a recent release of its flagship product, Bynx announced that it had partnered with Adobe Sign to further enhance its online signature capabilities. Interestingly, prior to lockdown, more than a third of business leaders (37%) told Adobe researchers that they have problems with agreements that are missing signatures, initials or dates or that have been signed by the wrong person. An electronic signature is a “package” of information that binds everything together, which helps negate these issues and delivers enhanced security and better compliance to fleet and mobility leaders. Read the full story here…..

Automotive Mobility – The Advancement of Mobility

Cover image - World Leasing Year Book 2020 - Bynx

World Leasing Year Book 2020 – Bynx Edition – Cover Image

Find out why Mark Binks, founder and group managing director of Bynx fleet and mobility management software platform, thinks change is both the disruptor and driver of vehicle leasing. His bylined article was first published in the 2020 World Leasing Year Book but you can get to read it here……..

The Russian Revolution in Auto Financing

Screen shot of the cover of Bynx Asset Finance Pricing Review - Russia Dec 2019

Bynx Asset Finance Pricing Review – Russia’s Auto Revolution – Dec 2019

The Russian car market is small compared to some countries in Europe, such as Germany, Italy and the UK but it is bracing itself for a revolution in the way vehicles are financed both privately and commercially. In this report, find out what the game changer is for personal car buyers, what’s driving the revolution in leasing, Russians’ attitudes towards mobility and other important details (report current as of December 2019). Read the full report here…….

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