EquipmentWatch recently made a new suite of fleet consulting products available to contractors seeking efficient solutions to large-scale fleet problems. Through an exclusive partnership with Price Digests, according to the company, these solutions are focused on four major areas of fleet management—more specifically:
- Fleet valuation. EquipmentWatch industry analysts provide accurate current market values and residual values for every asset in your fleet. Age, condition, location and utilization are all factored in to ensure the most accurate pricing data possible. This solution is ideal for insurance, finance and internal auditing.
- Data cleaning and standardization to bring structure to your equipment data. EquipmentWatch data experts organize your list of equipment, and append all models with standard classification and specification data. Services include vehicle identification number and serial number verification.
- Fleet-customized charge rates calculated for all of your equipment. EquipmentWatch's team of cost analysts work with your machine data to determine hourly ownership and operating rates for every asset in your fleet. Rates are provided for individual assets, as well as size class-level rate groups.
- Fleet disposition analysis to identify the disposal sweet spot for assets in your fleet. Disposition analysis combines EquipmentWatch analysts' cost and valuation capabilities with your maintenance data to deliver a clear cost-based disposition window and asset-specific remarketing plan.
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