Hire and Rental News - November 2017

INDUSTRY NEWS 12 HIRE AND RENTAL NEWS • NOVEMBER 2017 FTC Manager enables businesses to streamline claims, saving money and time, Ian Daniel, Vice President Asia Pacific at Teletrac Navman said. “This comprehensive solution is the first of its kind, revolutionising the way fuel tax credits are claimed. We’re excited by this capability and look forward to helping businesses claim all the money they’re entitled to,” Ian said. “FTC claims typically require businesses to provide detailed spreadsheets of fleet data, with final rebates broken-down by accountants. This practice is time- consuming, costly and often inaccurate, based on sample data or estimates and leaving substantial claimable money on the table every month,” Ian said. “Using real-time monthly GPS location data, FTC Manager accurately and automatically calculates off-road fuel consumption, off-road idle time and auxiliary fuel usage to help businesses claim high-value fuel tax Consolidated Fuel Tax Credit solution automatically calculates Teletrac Navman has released FTC Manager, a solution for automatically calculating and claiming monthly Fuel Tax Credits (FTC) created in collaboration with PPM Tax & Legal. rebates, delivering measurable return on investment. The system provides unparalleled accuracy by automatically classifying the entire Australian road network as either on- or off-road. “We’ve always manually calculated the sums for each account, with our accountants relying on the safest percentages. Working with PPM has helped a tremendous amount and all we had to do was supply our information and the process was improved significantly,” Danny Forbes, General Manager at Roma Transport said. “We feel FTC Manager will make this process even more efficient, using real data to streamline the way we claim rebates and helping to put more money back in our pocket,” Danny said. According to Teletrac’s Ian Daniel, customers using Teletrac Navman’s solution will have access to three service tiers, with Silver and Gold users supported by PPM’s extensive knowledge and expertise in obtaining maximum fuel tax refunds for its clients. “Gold users will also have the added benefit of PPM preparing a retrospective four-year claim on their behalf using data generated by FTC Manager. Even if you have done a retrospective claim before, this could yield a substantial additional windfall and ongoing benefits. This flexibility and support will enable businesses to maximise their claim potential with full transparency and audibility,” Ian said. “FTC Manager is a comprehensive automated FTC solution supported by an ATO Class Ruling, reducing audit risk and allowing businesses to fully maximise heavy vehicles Fuel Tax Credits on an ongoing basis.” Teletrac Navman is a software-as- a-service (SaaS) provider leveraging location-based technology and services for managing mobile assets. Visit: ww.teletracnavman.com.au HRIA CEO, James Oxenham said feedback from the event has been very positive. “We will be sending out calls for nominations to the inaugural ‘Young Professionals Network subcommittee’ and look forward to working with this committee, once established, to develop initiatives and direction for our industry’s young professionals,” James said. James made special note to thank the inaugural conference presenters/mentors that included: Brad Lawrence (Genie Australia), Tony Crane (Petro Hire) and Scott Wallis (Toro Australia). “It is inspiring to see our industry’s suppliers and leaders providing invaluable input from their wealth of industry knowledge to our future industry leaders. The HRIA warmly congratulates our inaugural mentors for their time and attention as well as wealth of experience, during the first Young Professionals Hire industry Young Professionals Network launches The HRIA’s first Young Professionals Conference took place 17-18 August 2017 at the Cairns Convention Centre providing an opportunity for attendees to share ideas, participate in workshops and learn from industry leaders. Network Conference,” James said. “The HRIA encourages business owners and managers to support this industry initiative. For every hire industry member who can identify ‘up and coming’ future leaders within their organisation, the Young Professionals Network is a great resource for them to meet like- minded, driven professionals to develop their careers and help form the future of this industry. “The Network is an opportunity for tomorrow’s hire industry leaders to come together, learn from industry experts and build their knowledge and skills applicable to the hire industry.” For enquiries about this initiative email: lisabrandsen@hireandrental.com.au or contact the National Office on ph: 02 9998 2255. The inaugurual Young Professionals Network Conference attendees in Cairns in August