Archive for March 24th, 2010

Webfleet joins the SmartSalary family!

SmartSalary’s parent company, Paxys Australia, this week completed the asset purchase of a fleet management business based in Beaconsfield Victoria called Webfleet.

Webfleet specialises in managing fleets of company cars, whilst SmartSalary specialises in managing novated leases and other salary sacrifice benefits. Both companies have strong focus on the government and health sectors, and also service some large corporate clients. So although we speak a common language, the two businesses offer distinctly different services.

As part of the sale process, we met with some of Webfleet’s clients – they were all remarkably satisfied! The main drivers of satisfaction are Webfleet’s customer-oriented staff and the user-friendly systems.

In fact, the clients are so satisfied that any changes will be kept to an absolute minimum.

Managing novated leases and company car fleets require many of the same skills, and as such we are confident that the Webfleet and SmartSalary teams will be able to work well together and learn from each other.

SmartSalary and Webfleet have several clients in common today.  If we are able to learn and grow together, our hope is that going forward we will be able to offer our complete vehicle solution to many more organisations across the country!

We are all very excited about the Webfleet acquisition and look forward to continuing to innovate and to better serve our clients!

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Deven Billimoria
Chief Executive Officer

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March 2010
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