The keys to making lease vs. purchase finance decisions and consistent capital replacement modeling.
Big Data has changed how companies with fleets address replacement cycling and capital funding. When you can accurately see the data your fleet is returning, you can develop actionable plans based on real-time information, not just the traditional, relatively generic intervals of age and mileage.
In addition, effective use of Big Data not only helps you identify where failures are occurring, it can also help you predict potential failures and take action before they happen, saving time, money and aggravation.
Prior to acquiring vehicles, conducting a lease vs purchase analysis that will take into consideration all of you company’s unique circumstances and prevailing financial climate to optimally meet the needs of the business.
To find out how advances in data analytics are giving businesses better ways to achieve greater certainty in their capital forecasts, download our whitepaper, “Achieving greater certainty in capital forecasting“.
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