Decisiv, a provider of Service Relationship Management (SRM) solutions, announced 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,” said Mark Wasilko, vice president of marketing at Decisiv.
According to Decisiv, the Service Provider Revenue Calculator provides an indication of the additional number of cases your 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 company notes that the revenue opportunity calculation is enabled by inputting data on the current number of service events and parts and labor sales.
The solution enables fleets to calculate the increased revenue opportunity per truck and annually based on the average number of fewer days required for service events. Additionally, Decisiv notes that the calculator can be customized by inputting the number of trucks in the fleet, the number of multi-day service events per truck each year, and the average revenue generated daily from each truck. According to the company, its SRM improves communication and collaboration during service events.
