Automotive Industry Digest

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Epyx reports 8% growth on short time hire

Epyx has reported a record breaking number of bookings on its short term hire platform so far in 2017.

To the end of May, the number of car and van rentals processed through Epyx’s 1link Hire Network are platform were up 8% on the previous year.

Epyx commercial director Tim Meadows said: “Over the last couple of years, we have put a lot of effort into upgrading the platform, including enhancing the online booking capabilities for customers, to drive higher rental numbers. As a result, we have seen growth in business for existing suppliers and have attracted many new ones.

“All of this is starting to have a very definite effect, as you can see from our year-to-date figures. For an e-commerce platform that has been around for more than a decade to deliver these kinds of results is very impressive indeed.”

During the past 12 months, a dozen new rental companies have adopted the platform plus five leasing and fleet management companies.

Meadows (pictured) said: “One of the areas where our owner Fleetcor has invested heavily in Epyx has been in increasing our ability to produce new revisions and enhancements to the platform through improved resources.

“So far this year, we have introduced five new revisions to 1link Hire Network, which is much higher than in any previous year. We are responding much more quickly to changing customer needs and ideas, which simply means the platform gets used more.”

Automotive Industry Digest

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