Company Name:
Diamond Fleet Management System
Industry:
Commercial and retail car rental and leasing
Headquarters:
Paranaque City, Philippines
Applications Replaced:
Manual processes
NetSuite Product:
NetSuite
NetSuite Helps Rental Car Company Save $10,000 Yearly With Automated Invoicing
"With NetSuite, analytical and reporting tools are available instantly, from any Internet-enabled terminal. This lets our executives to manage both big-picture and individual branch performance without waiting for reports or interrupting employees. NetSuite gives us an instant overview of our finances, whether we need it twice a month, every week, or an instant dashboard updates."
—Diamond Fleet Management
Results:
- Rental-car billing automation saves more than $10,000 annually through faster, more accurate invoicing
- Accurate forecasting helps company manage its rental fleet dynamically by responding to changing market conditions.
Challenges:
- Growing rental-car company losing money because of errors in manually prepared invoices
- Company had no way to foresee changes in rental volume by large clients
- Thin profit margins prohibited Diamond from bringing in expensive on-premise IT software.
Solution:
- Chose NetSuite for fleet management over SAP, QuickBooks
- Using NetSuite for ERP, CRM and Ecommerce
- Next phase will automate Diamond’s repair and maintenance business.
