Multi-bidding: Minimise leasing costs by automatic bidding process
The trade journal "Flottenmanagement" focuses on the topic of how fleet managers can reduce the leasing costs for vehicles in its issue 2/2020.
How does the fleet procurement process work these days?
Fleet managers mostly know what goes on behind a manual ordering process: an employee has already looked up what he would like to order on the website of an automobile manufacturer. He passes his preferred vehicle to the fleet manager, who asks for offers from various suppliers and compares the outcomes. After a week you realise that the costs of this vehicle do not correspond to the employee's car policy. Now, your employee is disappointed and you start all over again asking for new quotations for another vehicle. This is extremely time-consuming and irritating for everyone. Fleetmanagement software offers a solution to this issue: With multi-bidding the vehicle procurement process can be largely automated.
What is multi-bidding?
Multi-bidding software compares individually requested parameters, such as vehicle type, features, mileage, leasing period, etc. with the pre-defined data and determines the most suitable offer on the spot. Therefore offers can be collected and compared more efficiently. Flottenmanagement Magazine points out that the competitive forces between the providers involved in such platforms can lead to lower leasing costs than with a manual request for quotes.
What criteria should be considered while requesting an offer?
Who can benefit from multi-bidding?
community4you AG provides such a procurement software with multi-bidding function in form its comm.cars vehicle configurator.
As an operator of an individual solution, companies with large procurement demands can not only take a more individual role in choosing suppliers but can often get even more special rates and reduce the leasing expenses considerably.
Vehicle procurement can be expanded with the comm.mobile web app for fleet users and lessees. This enables companies to provide their employees with a vehicle configurator that only lists vehicles and features which comply with their car policy. Both price and monthly rates can be calculated and shown immediately. Parameters such as mileage, leasing period, monetary value and much more can be adjusted and recalculated in seconds. This enables employees to work independently which not only saves time but also has an enormous motivating effect.
Read the original article in: Flottenmanagement 2/2020
04/30/2020