Use of interface can increase collection rate by average of 50 percent
December 13, 2006 (Press Release) --
TSD, the #1 provider of rental vehicle software and loaner management software for more than 20 years, will offer rental car companies and loaner fleet providers an alternative method of collecting unpaid parking fines. By creating an interface to Violation Management Service (VMS), TSD will provide a seamless, technology-based solution for the handling this costly aspect of the car rental business. The recently completed technology enhancements will make available to TSD customers an electronic link to automate the processing of unpaid parking violations issued by cities to car rental companies and dealerships with service loaner cars.
“Several TSD customers are already working with VMS to convert what is normally a cost center for the rental car company into a profit center,” said Charles Grieco, CEO of TSD. “By turning over the billing process to a company dedicated to that business, our customers can focus on what they do best: rent cars and provide service loaners to their customers.”
“The business model developed by VMS over the last 16 years all but eliminates the hassle, expense, and customer service issues associated with unpaid parking violations,” said Dennis Round President of VMS. “Some customers have seen as much as a 100 percent increase in collections with an average collection rate 50 percent higher than what rental car companies generally collect on their own.”
TSD customers currently using the RMS ASP version of the software will be able to seamlessly tap into this new service. Those with the standalone version of RMS will need some minor programming to take full advantage of this billing and processing service. For more information, contact TSD Sales at 800-743-1200 or email sales@tsd-inc.com.
About TSD:
TSD is the #1 provider of rental and loaner management software and solutions, with thousands of installations and over 20 years of experience. Since 1983, TSD has specialized in dealership and local market car rental and loaner technology. TSD has remained committed to bringing innovation, technology, and quality to the car rental industry. TSD delivers the optimum products and services to increase accuracy and controls, improve customer service, and maximize profits by giving dealerships and rental companies the tools they need to manage their businesses. Visit http://www.tsd-inc.com or call 800-743-1200 for more information.
“Several TSD customers are already working with VMS to convert what is normally a cost center for the rental car company into a profit center,” said Charles Grieco, CEO of TSD. “By turning over the billing process to a company dedicated to that business, our customers can focus on what they do best: rent cars and provide service loaners to their customers.”
“The business model developed by VMS over the last 16 years all but eliminates the hassle, expense, and customer service issues associated with unpaid parking violations,” said Dennis Round President of VMS. “Some customers have seen as much as a 100 percent increase in collections with an average collection rate 50 percent higher than what rental car companies generally collect on their own.”
TSD customers currently using the RMS ASP version of the software will be able to seamlessly tap into this new service. Those with the standalone version of RMS will need some minor programming to take full advantage of this billing and processing service. For more information, contact TSD Sales at 800-743-1200 or email sales@tsd-inc.com.
About TSD:
TSD is the #1 provider of rental and loaner management software and solutions, with thousands of installations and over 20 years of experience. Since 1983, TSD has specialized in dealership and local market car rental and loaner technology. TSD has remained committed to bringing innovation, technology, and quality to the car rental industry. TSD delivers the optimum products and services to increase accuracy and controls, improve customer service, and maximize profits by giving dealerships and rental companies the tools they need to manage their businesses. Visit http://www.tsd-inc.com or call 800-743-1200 for more information.
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