RentalMatics and Fourth Tier have announced a new partnership. A news release on Feb. 4 said that the two companies will be optimizing business operation processes for car rental, leasing, and mobility companies.

The strategic relationship will allow Fourth Tier software customers to gain access to RentalMatics’ suite of cloud-based mobility and fleet management platform solutions, including damage recovery, operating cost and insurance cost reductions. and increased vehicle utilization, while increasing revenue opportunities. RentalMatics offers its customers an automatic reset and a global roaming SIM with real-time updates through telematics data from connected fleets.

“Our partnership with Fourth Tier will allow rental fleet managers to gain valuable insights into their fleet operations and increase the automation of running their day-to-day operations,” said Matilda Walsh, business development manager at RentalMatics. “The tight integration between both systems will allow rental managers to achieve an even higher ROI than using a standalone telematics system. Increasing automation and reducing the cost of running a car rental company is now more important as the rental and tourism industries start their recovery.”

“This is an important partnership for Fourth Tier,” said Andy Pratley, head of global sales & partnerships for Fourth Tier. “FourthTier is committed to international expansion and excited to increase our Global reach working with RentalMatics as our partner. This further reinforces Fourth Tier’s strategic goal to partner with technology experts, we build car rental systems and work with industry experts who can integrate seamlessly into the Era platform, this ensures we give our customers, both new and existing a 'best in breed' solution to run their businesses and keep up with the latest technology.