Platform Honored with ELFA’s Excellence in Innovation Award for Driving Measurable Improvements, Digital Transformation, and Operational Excellence

Integrated into Fleet Advantage’s ATLAAS, this innovative software solution is a centralized truck surrender portal that enables finance teams, asset managers, and shop-level technicians to view the real-time status of every leased unit in their portfolio, while automating communication and inspection coordination. OffLease Reimagined also features a robust digital work order and cost estimation tool that standardizes how maintenance and repairs are documented, approved, and tracked.

The traditional process of surrendering leased trucks has caused many challenges, including cumbersome paperwork, clerical errors, and extended delays, often stretching well beyond 90 days. These inefficiencies have historically led to significant financial burdens for organizations, sometimes costing millions in unnecessary lease payments.

As part of its pioneering data technology solutions, OffLease Reimagined is Fleet Advantage’s timely response to these challenges. This simple, web-based software digitizes and streamlines the entire lease surrender process, offering a new level of flexibility and control for fleet managers, maintenance technicians, and financial partners.

This new solution has already demonstrated significant savings for some of the top major fleets in the country!

BENEFITS OF OFFLEASE REIMAGINED

OffLease Reimagined is a fleet-oriented software tool, with sophisticated bank and financial capabilities designed to modernize the heavy-duty truck lease surrender process. Key benefits include:

Fully digitized process
Reduces the average lease surrender timeline
Eliminates millions in lease extensions
Reduces clerical errors
Streamlines the transition of assets
Enables more accurate end-of-term settlements
Elevates the lease surrender process
Redefines best practices

MEASURED RESULTS

By streamlining the surrender process, one large national retail fleet saw timelines drop from 92 days to just 28 days, with more than 70% of units returned within the targeted window. This reduction alone helped the fleet avoid over $10 million in lease extension charges in the first full cycle of usage.

The solution also reduced the burden of traditional workflows, which previously required 9–11 emails and 3–3.5 hours of labor per truck. By cutting up to 45 minutes of administrative work per unit, finance and fleet personnel were able to shift focus to higher-value activities.

When scaled across a portfolio of thousands of trucks, these efficiencies translated into thousands of hours of labor savings annually, improving both operational capacity and financial performance.

FLEET ADVANTAGE OFFLEASE REIMAGINED

NEW FLEET-ORIENTED SOFTWARE TRANSFORMING & MODERNIZING TRUCK LEASING