GLASGOW-headquartered leasing broker and fleet management company, Fleet Alliance, has bought a licence to use the Gensen suite of tax and financial calculators.
Developed by specialist tax consultancy and automotive software developer, BCF Wessex, Gensen facilitates customer consultation in real time across a range of financial tools, including both employer and employee positions depending on the choice of financial product.
Fleet Alliance will begin using the software this month (October) across its corporate, partner and AR channels.
Martin Brown, managing director of Fleet Alliance, said:
“We’ve been testing the Gensen software for the last few months and we’ve been really impressed with how it enhances our consultative business. In particular, we can redefine customer choice lists while we are talking to customers. It’s hugely time saving and looks highly professional, too. We will also be equipping all our partners and ARs with the software as part of our investment in our expanding AR programme.”
BCF Wessex recently added two salary sacrifice calculators to the Gensen software suite. One illustrates the NIC savings available to employers, while the other shows the employee’s potential tax and NIC savings with a salary sacrifice car, along with the net cost versus a comparable PCH deal.
“We see a real opportunity to help SMEs switch back into the company car thanks to the current taxation system which supports zero and ultra low emission vehicles. Gensen helps us clearly demonstrate this proposition.”
Martin Brown – Fleet Alliance
The full list of Gensen calculator tools is now 11
- Salary sacrifice for employers
- Salary sacrifice for employees
- Lease or buy
- Whole life cost
- Company owner
- BIK tax
- Free fuel
- Employer cash allowance
- Employee cash allowance
- Company car or SECO (Structured Employee Car Ownership)
- Company car or PCH
Jeff Whitcombe, director of BCF Wessex, added:
“It’s a terrific endorsement of Gensen to have a company of Fleet Alliance’s standing invest in the product, and it validates our decision to expand into the broker channel.
“We look forward to working with Fleet Alliance to assist them in growing and expanding their business.”
Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.
