Bynx has been chosen as the company’s strategic IT partner for a new venture aimed at the vehicle fleet and leasing business customer.

The new bynxFLEET fleet and leasing management solution went live on 4 April 2016 and will help open up VWFS ZA’s potential to new opportunities and growing markets.

Working in close partnership with the company’s own leasing experts, Bynx was able to bring the project from a greenfield site to go-live within nine months.

“We’ve been involved in consumer leasing for some time but business leasing is more involved and complex in South Africa. As this is a joint venture with a bank, upstream reporting – plus compliance and governance – are critical and bynxFLEET offers best practice functionality in those areas. The company’s guidance and advice on reporting at a transactional level, which is necessary for leasing companies, also been invaluable,” said Patrik Riese, managing director, sales and marketing, VW Financial Services – South Africa Pty Ltd.

A further phase in the future includes the client portal, which will allow fleet managers to login and monitor vehicles – from quotes through procurement and all vehicle in life actions.