Leasing system offers management tools
Jan 1, 2002 12:00 PM
The Mack Leasing System is now offering rental and leasing customers new business management tools thanks to the recent introduction of the Mack Leasing System MasterCard. Among opportunities are better control and management of fuel and service purchases; simplified, streamlined billing; and online card management capabilities.
Options include a Fleet Card that allows supervisors to control, limit, and report driver/employee purchases. Individual credit cards may be assigned to limit transaction amounts, transactions per specified time period, types of purchases, and location acceptance. The Fleet Card also may be customized to limit purchases according to a driver PIN or vehicle ID prompt.
Another option, the Purchasing Card, is designed to control, limit, and report corporate purchasing to provide a more efficient alternative to open accounts and cash purchases. Cards may be issued to individual employees and/or by department, and purchasing may be limited according to location, type of business, type of purchase, and monetary amount. Limits also may be changed on a daily, weekly or monthly basis.
The Multi Card is an option that combines all Mack Leasing System MasterCard purchasing programs into a single account.
All cards come with toll-free support service, no annual fee, no transaction fees, a rewards program, as well as 30-day billing and a 25-day grace period. Internet service permits speedy access to account information and card management changes.
Mack Leasing Systems dealers also are being offered a Receivables Management program that uses a revolving line of credit for purchases.
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