Industry: Auto Finance & Leasing
Technologies: LeaseControl Platform, GPS Tracking, Geofencing, Remote Engine Lock
For an auto finance and leasing company, FlowTech Advisors implemented a GPS tracking solution on the LeaseControl platform to protect leased vehicle assets and reduce financial risk.
The system tracks most frequently visited locations, helping lenders understand vehicle usage patterns. Geofencing and restricted area alerts notify the company if a vehicle enters unauthorized zones or crosses borders.
In cases of contract violations or payment default, the remote engine lock feature allows controlled immobilization of the vehicle, improving recovery rates while maintaining operational security.
Key Benefits:
- Real-time visibility of leased vehicle locations
- Usage insights through frequent location analysis
- Risk reduction with geofencing & restricted zones
- Secure remote engine immobilization