Hedef Fleet Services, a leading Turkish leasing company, has installed Sofico’s Miles software solution to manage its active fleet of 12,000 vehicles.
Istanbul-based Hedef, wholly owned by Southeast Europe Equity Fund II, a US-based private equity fund, is one of the top three leasing companies in Turkey and has around 1,500 fleet customers.
The company provides full service leasing to corporate customers and is expanding its fleet and customer base. To manage this growing complexity and to meet its ambitious expansion plans Hedef required a new and powerful leasing and fleet management system. Belgium-based Sofico, whose systems manage around 700,000 vehicles globally, was appointed.
“Miles was a clear winner,” said Hedef managing director, Onder Erdem. “We wanted a robust and flexible IT system which could be scaled as our business grows and was capable of handling a large number of client contracts with complete integrity.
“Miles offers a logic that is simple to understand and easy to follow. At the same time, it’s very flexible and allows us to alter and modify it to meet our changing needs. It also has a multilingual capability. Translating it from English to Turkish was very straightforward.”
A major benefit for Hedef was the speed with which its technical staff was able to implement the Miles system. With the Miles refined implementation methodology this was achieved in just 11 months, some 6-12 months faster than a standard system implementation.
Erdem said that his company had seen multiple benefits from implementing the Miles system, but from his perspective there were clear advantages that would become increasingly apparent going forward, including “the knowledge that the system is used globally by some of the world’s leading leasing companies, which have contributed their expertise to its ongoing development, is very reassuring. This is backed up by Sofico’s own expertise and experience in the European leasing and fleet market over the last 24 years.”
Jan Bouckaert, head of Business Development at Sofico, said: “We are delighted to welcome Hedef Fleet Services to the Sofico customer base and are confident that Miles will provide the necessary flexibility and scalability to allow Hedef to grow its business in line with its plans.”