Decisiv introduced Thursday new tools for service providers and fleets to accurately calculate the revenue potential from streamlining maintenance operations and improving control over commercial vehicle service processes.“Top service providers are driving higher revenue by 25% to 49% and top fleets are realizing a 3.36 average reduction in days out of service by using the Decisiv SRM platform,” says Mark Wasilko, vice president of marketing at Decisiv. “That value can now be easily quantified by using the new Decisiv Revenue Calculators.
“The value calculators are designed to enable both fleets and service providers to determine the additional revenue they can achieve by using the SRM platform to more effectively control every aspect of the asset service management process.” Decisiv says the Service Provider Revenue Calculator provides an indication of the additional number of cases a shop can handle monthly and the corresponding increases in labor and parts sales, as well as the annual total rise in parts and labor revenue. The revenue opportunity calculation is easily enabled by inputting data on the current number of service events and parts and labor sales.
Additionally, the Decisiv Revenue Calculator for Fleets enables users to calculate the increased revenue opportunity per truck and annually based on the average number of fewer days required for service events. The calculator can be customized by inputting the number of trucks in a company's fleet, the number of multi-day service events per truck each year, and the average revenue a company generates daily from each truck.
Decisiv also publishes a running Fleet Value Counter that tracks the YTD revenue being delivered to fleets. To date in 2023, the SRM platform has accounted for more than $4.2 billion in revenue value, the company says.