Bestpass Launches Toll Management for Leased Equipment
The company’s Leased Equipment Toll Solution, or LETS, provides streamlined rebilling from lessor to lessee and offers the ability to transfer transponders from equipment provider to customer accounts and back again.
Bestpass said it already has deployed LETS through a pilot program with an unnamed national equipment leasing provider.
“LETS is a win for everyone involved,” Bestpass CEO John Andrews said. “The leased equipment providers save a substantial amount of time dealing with toll while adding a great deal of value to their customers. The lessees get coast-to-coast toll coverage as well as a comprehensive and accurate accounting of their toll.”
Bestpass, founded in 2001 by the Trucking Association of New York, processes about $1.5 million in tolls per day.
“Tolling is a fact of life,” Andrews said. “There has to be a solution to make it palatable.”
