Given the need to reduce costs, control the use of cash, and streamline vehicle management, digitalization and artificial intelligence (AI) can reduce fleet operating expenses by up to 30% and prevent capital leaks.
Juan Francisco Monte de Oca, Marketing and Sales Director of Mendel , a platform specializing in corporate expense management, pointed out that these technologies allow for more efficient control of expenditures related to fuel , tolls, travel expenses, lodging, and other operational concepts.
He explained that, in addition to optimizing resource management , these tools help identify money leaks, detect irregular expenses, and improve transparency in the financial management of companies.
The specialist indicated that companies can parameterize all the expenses they make and, based on these patterns, preventive actions can be established, such as blocking a card or reviewing an expense before it becomes a leak of resources.
“Artificial intelligence is starting to help the operations team see efficiencies in the control, management, and preventative savings of company spending,” he commented in an interview with T21.
The executive cited as an example the case of a company in Monterrey with more than three thousand vehicles, whose operation involves around 12 million pesos (mdp) monthly in expenses related to repairs, tires, accessories, food and other concepts.
In an operation of that size, a 30% decrease would represent, according to the estimate, savings of between 30 and 40 million pesos annually.
Monte de Oca reiterated that the use of AI in the sector contributes to the management of travel, operations, expenses, among other factors.
“Preventive control must be in place; we are talking about the fact that the carrier’s expenses in companies represent more than 60% of the operating expenses ,” he explained.
Mendel has around 1,200 clients in Mexico. Of these, approximately 100 are directly involved with fleet management companies, while another 400 belong to industries such as manufacturing, retail , and healthcare, but have vehicles as part of their operations.
In the coming months, they plan to delve deeper into integrations with telemetry solutions to track the carrier’s journey via geolocation, as well as to know in real time if any accident or theft occurred, anticipate fuel consumption, among other factors.
They are also analyzing new markets in Latin America, such as Colombia, Brazil and Peru, although this will depend on the alliances that are formed with local financial institutions.
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