This week, Econage successfully won the bid for the "CAR Inc. Process Digital Management Platform" project! CAR Inc. will build a unified, standard, end-to-end process digital platform through AlphaFlow to improve organizational efficiency.
CAR Inc. was founded in September 2007 and is China's leading car rental service provider. In 2008, CAR Inc. became a service provider for the Beijing Olympic Games. In 2013, CAR Inc. acquired all of the Chinese business of Hertz, a world-leading car rental company, and entered the fast lane of development. In 2015, it once became the world's second largest listed car rental company. In 2020, MBK (Ambarella), one of the largest private equity funds in Asia, became a wholly-owned shareholder of CAR Inc. In 2021, CAR Inc. was privatized and delisted.
As of now, CAR has a fleet of nearly 150,000 vehicles, making it the largest car rental company in China. Its business covers more than 300 cities and has more than 4,000 physical service outlets, basically achieving full coverage of all prefecture-level cities in China. Almost all airports and high-speed rail stations have CAR stores.
Such a large business scale also increases the difficulty of CAR's operation and management. Boston Consulting Group predicts in its research report: "By 2025, the market size of China's car rental industry will reach about 158.5 billion yuan." The continuous growth of the market size and the expansion of business volume have put forward higher quality development requirements for CAR.
In the digital transformation, CAR has always adopted the "IT first" strategy, and based on the principle of "standardization, unification and centralization" of system construction, all the company's processes have been put into the system. By 2020, the company began to fully mobilize the user end, operation end, and employee end, accumulated process data and process data, and established a big data platform. However, these systems, data and processes have not achieved complete "unified management".
In this context, CAR Inc. hopes to introduce a unified process operation, automation and integration platform to achieve efficient business collaboration and standardized store management, and provide universal process services to stores and sites across the country. The AlphaFlow process automation platform just meets this demand:
● Unified standards and platforms to achieve efficient integration and effective connection of various business systems, eliminating process islands and data silos.
● Through the iPaaS unified process integration platform, end-to-end process operation monitoring and analysis across systems, levels and regions can be achieved, effectively improving the efficiency of process operation management.
● Zero-code configuration of the process means that developers no longer need to transform the development process point-to-point in the form of projects. Business departments can configure various complex process scenarios by themselves, reduce IT burden and process maintenance costs, and meet more flexible and diverse automation needs in actual business.
In the future, with the launch and continuous deepening of the project, Econage Technology will work with CAR Inc. to face the complex and changing market environment in the future with an innovative and embracing attitude, allowing processes to assist business growth.
