BEAT THE CASH CRUNCH
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Digital Cash Management for Fleet Operators PowerPoint PPT Presentation


Happay introduces unique digital cash management solution for fleet operators, Go Cashless with fleet. Sign up Now !

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Digital Cash Management for Fleet Operators

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Digital cash management for fleet operators

BEAT THE CASH CRUNCH

With Happay’s Digital Cash Management Solution

Custom-­‐made  for  .leet  operators  and  logistics  companies


Digital cash management for fleet operators

2 million trucks have been stranded on highways due to

cash shortage brought about by demonetisation.

Source: The Economic Times


Digital cash management for fleet operators

IN THE TRUCKING INDUSTRY,

90% of 3 million trucks on India’s roadways have

been stranded due to crippling cash shortage

brought about by the recent demonetisation.

45% of the total cost per trip goes into buying diesel

80%of transactions are done in cash

14% of the total cost per trip goes into paying toll

With fuel outlets and toll plazas refusing to accept 500 & 1000

rupee notes, drivers are stuck on the road with no money.

Source: The Economic Times


Digital cash management for fleet operators

1. TEDIOUS CASH DISTRIBUTION

2. DELAYS OF MULTIPLE DAYS

In this time of cash crunch, there is no

easy way to distribute cash to the drivers

Delivery of consignments is getting

delayed - a huge cost for the company

4

Key Cash Problems Faced By

Transportation Companies

3. CASH LEAKAGE & THEFT

4. UNOPTIMISED WORKING CAPITAL

Physical cash can be easily lost,

damaged, stolen or misused

Working capital is blocked for days since

loose cash is given to drivers in bulk


Digital cash management for fleet operators

For a move like demonetisation to not create

problems for the trucking sector, a lot of transactions

have to shift online.

Ramesh Agarwal,

Chairman of Agarwal Packers & Movers,

operates a fleet of over 1,000 trucks.


Digital cash management for fleet operators

Introducing Happay cards & Software

A Digital Platform For Cash Management

MANAGE EMPLOYEES

DRIVERS

D1

D2

D3

D4

Head Office

Drivers

The head office admins get access to a web dashboard that

helps them distribute cash and manage spends.

Your drivers get Happay cards instead of loose cash.

They can use the card at POS, online and at ATMs.


Digital cash management for fleet operators

How Happay Works

1. Issue a Happay Card to each driver

2. Fund cards instantly from the Happay Dashboard

3. Drivers can use Happay cards for toll payments,

fuel purchases, lodging and meals, etc.


Digital cash management for fleet operators

Stop worrying about Cash. Go Digital with Happay.

Distribute cash to drivers

digitally, in bulk

Auto-load funds if drivers

run low on cash

Define an amount threshold for cards

and auto-load cards once the balance

goes below this amount.

Enable drivers to spend

digitally

Drivers can use Happay cards for toll

payments, fuel purchases, maintenance

& repairs, lodging, meals, etc.

Fund cards individually or in bulk

from your web or mobile

dashboard.

Optimise cash flow by

withdrawing unused cash

Control cash spends

with limits

Distribute funds as and when needed.

Withdraw unused funds from the cards

into you Happay Corporate account.

Define how much can be spent on a

card (per day/ week/ month) and

on what channel (POS, ATM, Online)


Digital cash management for fleet operators

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