Autorola and Sofico forge partnership to integrate INDICATA and Miles

Vehicle fleet managers across the world can now assess the risks and opportunities of their fleet more quickly

 Brussels, 7 October 2019 – Autorola, a world leader in online remarketing and automotive IT solutions for professional fleet management, and Sofico, a global reference for software in the leasing and financial services industry, are going to work together to add a new dimension to the dynamic management of vehicle fleets. Thanks to this partnership, fleet and portfolio managers at leasing companies and other financial institutions that use Miles from Sofico will be able to maximise their fleets' portfolio value using real time market insights and specific KPIs. As a result they will be able to realise improved sales and more efficient risk management.

Erwin Coesens, Country Manager Autorola Belux, explains: “Traditionally, vehicle fleet managers have valued their assets on the basis of historical data. This often results in large differences in value that only come to light at the end of the vehicle contracts. INDICATA's real-time data allows vehicle managers to work proactively with their fleet and to constantly screen for business opportunities so that quick but well-considered decisions can be taken.” Jurgen Claus, International Business Development Manager at Autorola Group, adds: “Determining risk criteria on the basis of reliable, real-time data ensures improved efficiency and a much clearer view on current, ongoing and future challenges and opportunities.”

Sofico will integrate INDICATA's real-time data into its Miles solution. Miles has been specially developed to provide flexible and functional end-to-end solutions for the efficient management of vehicle fleets. The integration of this data will contribute to real-time insights at both the individual vehicle and portfolio levels.

Gémar Hompes, Managing Director at Sofico: “We have been in the fleet management business for over 30 years. Since the very beginning we have followed the market closely, and identified innovative trends and new technologies, to help our customers to manage their fleets even more effectively. One trend we have observed is that vehicle fleet managers and leasing companies are managing their vehicles with greater and more varying granularity: from years to minutes. Real time INDICATA data is a fantastic tool to give vehicle managers the insights they need to optimally manage their fleets, at any time.”