Netherlands-based TomTom Telematics has partnered with Sage to deliver real-time accounting services for vehicle fleets.

The partnership, which was formally introduced at the Sage Summit 2016 in Chicago, will see the integration of TomTom WEBFLEET and Sage Live solutions.

The software integration will enable Sage Live customers to view fleet data from connected vehicles such as trucks, light commercial vehicles and passenger cars.

TomTom Telematics managing director Thomas Schmidt said: “The new software integration will offer a vital service for companies that don’t necessarily need to track and trace their sales or engineering teams on a map, but are interested in getting other core vehicle data into their financial systems.”

WEBFLEET, is a fleet management service that has been developed by TomTom Telematics, which is used by businesses to improve vehicle performance, save fuel and to enhance overall fleet efficiency.

Sage product marketing executive vice-president Jennifer Warawa said: “Partnering with TomTom Telematics allows us to harness the power of the connected car for accounting purposes.

"Partnering with TomTom Telematics allows us to harness the power of the connected car for accounting purposes."

“It also reinforces Sage’s position as the most innovative cloud accounting platform on the market.

"Providing real-time accounting for vehicle fleets helps make the process more transparent and convenient, and puts companies in greater control of their finances.”

Initially, this service will be introduced in US and UK markets, and at a later stage it will be offered with regionalised versions for France, Germany and Spain and other European countries in the fourth quarter of this year.

Image: Hands holding a digital tablet. Photo: courtesy of Business Wire.