Stratatel managing director, Mike Fairclough, said, 'we are thrilled to make our first FleetManager sale. FleetManager is our next generation system that incorporates asset and expense management modules to manage credit cards, taxis, fuel cards and toll expenses as well as our traditional mobile and fixed phone lines. Our client was experiencing significant administration problems managing their taxi expenditure and has now implemented FleetManager to control this and other expenditure.'
According to Stratatel, its solution is in line with its existing business model, being based on a recurrent revenue stream.
Mr Fairclough said, 'Our vision is to provide our clients with 'one system one password' for all 'portable' assets, rather than the myriad of disparate supplier systems which is currently the case in this emerging market. Such various stand alone expense management systems are starting to cause administrative headaches for companies' IT and Finance Departments, which have to tie all the systems and information together. It places a burden on their employees, who have to enter each system separately to access data in each of the systems - the different designs and different workflows all add to create more work and reduce productivity.'