On the other hand, very often you can slightly modify and fine tune the one they offer so that could be the space for creativity if you need some modifications.
16. What Is The Fleet Management Software Billing Cycle
As I mentioned fine tuning in the above section, this is one of them. Yes, Fleet Management Software companies are becoming very creative and they are inventing new financial instruments such as 6-month billing cycle for example.
This means if you are using Fleet Management Software and you are supposed to pay monthly fees, you will actually pay for 6 months in advance. This way company get a bigger cash injection and avoid transaction and payment processing fees.
On the other hand, you will get out of the money for 6 months in advance instead of just 1 month. But, sometimes they are offering some discounts if they are having 6 billing cycle so at the end it might turn out to be profitable for you.
17. What Happens With The Data If You Want To Switch To Another Fleet Management Software
Very good and important question no one ever asks. Let’s say in the future of one year you wish to change the software provider, your company goes out of the business or something else happens. Over that period of the year you gathered a lot of the company data.
