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Cap HPI debuts new forecast and SMR tools

Cap HPI has launched a new set of tools for the fleet and leasing sector, including a new solution to help forecast values more accurately.

Amanda Morgan, Cap HPI

Amanda Morgan, Cap HPI

The Portfolio Valuations tool provides an overview of an entire fleet’s current and future value in line with actual market conditions and enables an entire fleet’s current and future value that reflects actual market conditions. The output can also be integrated into other fleet systems.

Cap is also relaunching its SMR Forecast and Actuals budgeting tools, which enable fleet companies to accurately calculate service, maintenance and repair costs and a vehicle’s lifetime running costs.

The updated SMR platform provides a clearer comparison function, including vehicle images and helps users to quickly identify differences in costs that could affect the overall forecast. It also suggests the nearest competitor derivatives and displays them in a table to help easily identify variances.

Amanda Morgan, head of fleet at cap hpi said: “These new tools give users greater control over their budget and spend through more accurate and more accessible forecasting. Developed in partnership with the industry, the tools are designed to be easy to use and provide data in real-time.”

The latest developments follow Cap’s recent launch of its new Innovation Hub in Leeds.

For more of the latest industry news, click here.

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.