Fleetmatics Group, a global provider of mobile workforce solutions for service-based businesses of all sizes delivered as software-as-a-service, last week announced the release of new features in its mobile field service management solution, Fleetmatics WORK™.

The enhancements aim to help businesses to operate more efficiently and maximise their mobile and field based resources.

“These enhancements allow customers to better manage their businesses with additional fieldworker intelligence, instant invoicing and more accounting options,” said Vic Masi, ANZ Director of Sales for Fleetmatics WORK.

This latest release dramatically accelerates time to cash for operators by embedding a payment link directly into the emailed invoice generated from within the platform. With this new online payment powered by Stripe, Fleetmatics WORK closes the loop between job completion and payment. Jobs can now be invoiced instantly from the field via email and transactions can be processed securely in real time.

Fleetmatics WORK has added integrations with MYOB AccountRight Live in Australia and New Zealand. Now, when jobs are completed the invoices flow seamlessly from Fleetmatics WORK to the user’s accounting system and updated client information is sent between the systems to keep all data in sync.

Business owners now have additional tools to manage fieldworkers. As service businesses grow, it becomes increasingly important for them to have manageable views of their field. New fieldworker tags in Fleetmatics WORK give dispatchers clear visibility to sort schedules and make assignments based on best fit.

The key benefits of the integration for service-based businesses include:

• The ability to instantly bill can be the difference between a positive revenue month and a significant loss of cash. With most staff out and about on the road, a mobile system that can help generate payments instantly can make a huge difference; in addition to the productivity benefits the platform can provide businesses.
• Businesses can reduce days of sale outstanding from 45 down to 0, due to the ability to generate invoices and process payments instantly in real time. This means a significant increase in cash flow on a day-to-day basis.
• Businesses can calculate real time profit and loss per job, helping to identify how profitable each job is at its conclusion. This type of margin management ties once again back into cash flow. Knowing how profitable each job was is paramount for small businesses, particularly those who have fixed prices.

To learn more about Fleetmatics, visit www.fleetmatics.com.au/work