If managing your fleet finances feels like herding cats, you’re not alone.
Juggling depreciation, lease accounting, and fleet valuation across multiple disconnected systems could be the recipe for a cat-astrophe. The longer you wait, the more time (and sanity) you lose. So why not automate the chaos?
As a car rental company, are you struggling with calculating asset values and finance balances, managing multiple vehicles under a single lease, keeping track of your fleet valuation – quite possibly using multiple spreadsheets every month end?!?
What if I told you that AssetAccountant can automate a single report that tracks Depreciation, Leases & Fleet Valuation? And that AssetAccountant could save up to 75% of the time you spend on this?
“AssetAccountant has helped us modernise our approach to managing a large fleet and the data needs all of our stakeholders. We worked with the AssetAccountant team to develop an approach that means we can manage our portfolio in a fraction of the time it used to take us.”
Group Chief Financial Officer, AlphaCars
Managing fleet finances at scale can be a bit like herding cats — just take a typical car rental company that uses AssetAccountant. With 200 leases and a fleet of 3,000 assets (including 250 owned vehicles, 50 on one-to-one leases, and 2,700 spread across 150 leases), without AssetAccountant, the finance team can drown in spreadsheets.
Each month, it took up to 16 hours manually tracking depreciation, lease
accounting, and fleet valuation—double-checking calculations, updating spreadsheets, and hoping nothing slipped through the cracks. With pressures on small finance teams and growing demands, AssetAccountant provides a much better way to manage financial processes without constantly battling resource constraints and manual errors.
Track depreciation, lease accounting, and fleet values effortlessly with real-time, accurate reporting.
Works with Xero, QuickBooks, Sage Intacct, and Microsoft D365, so you can automate without overhauling your setup.
Eliminate manual calculations and spreadsheet headaches, freeing up hours for higher-value tasks.
We get it—switching systems can feel like a leap into the unknown. But this is one jump you’ll only have to make once, and the time you save every month will be worth it.
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