AUTOMOTIVE COST ANALYTICS
We're automotive cost engineers pioneering something new. We've developed Artificial Intelligence software to give financial advice for buying and running cars. Employer's typical funding of employee's cars can often be made far more effective. Also, people can buy better cars for less money, if they have greater financial savvy.
TOO MUCH CHOICE?!
Choice is good.
Making wise, insightful and informed choices is tricky.
There's a choice between many hundreds of models of cars.
Petrol? Diesel? Hybrid? Electric?
Company car? Car allowance? Combination of these?
Lease? FML? Loan? Cash? Deposit? Balloon? Residual?
So, so many choices.
Deciding on the best combination of these is the challenge.
But the incentive for being smart with these decisions is substantial.
Augmented Decision Making
Our tech will empower you with the insight to do so wisely.
Our tech resides in the cloud. It'll be accessible anywhere. iPhone app. Android app. On the web.
Our solution is Social too. Together, people wield more clout.
Our tech will take the hassle out of running a car well. Handle your logbook, keep record of your expenses, help you with your taxes...
Our tech will connect car owners with dealers, workshops, automakers...
Our app - Triptech - can serve as your virtual assistant for helping run your car.
ONE OF OUR MAIN BELIEFS
Car prices are not the way to assess the affordability of a car.
And yet that's what everyone does. (We're all guilty of it, because there's simply been no better way to do it - up until now.)
To compare two (or more) cars, one rather needs to assess the lifecycle cost / total-cost-of-ownership (TCO) of the alternatives.
This is difficult though, because no two buyers of any car will experience the same TCO.
It makes no sense to compare two similar cars and say that the one has a better TCO than the other. There are, however, some cars that will offer a very much better TCO than another - in the hands of a particular individual. As a simple example, a car best suited to a sales person who does a high mileage with a generous car scheme is probably NOT the car that will be best suited to an office-bound manager, or a retiree.
Also, any such TCO assessment needs to be based on knowledge of how that specific car is BEST bought by that person (e.g. some cars are best suited to being long-term propositions, others best suited to being leased...) So there are many reasons why TCOs haven't yet become the popular basis for choosing cars. But we've cracked a solution, and our tech will do this for you - so you'll soon be finding this easy.
It'll soon be easy to know how to drive more for less.
Most firms provide compensation (per kilometre) to some people for occasional business trips.
Typically they simply seek to be fair and equitable with this. Everyone understands that the Chairman's executive SUV costs more to run than the receptionist's small hatchback.
No-one wants to spend too much time on these claims, but all these little claims add up - for both the firms and the recipients.
Auticus has a novel new solution, based on our founder's experience of producing a schedule of rates by which to value such claims, with monthly updates, for almost 20 years - one that is used by city councils and large firms - providing an impartial, objective assessment that avoids any disputes.
Auticus' new digital solution - being built into Triptech, our app - will make it easy and fair for firms to administer
...and easy and fair for people to claim and be compensated
THE FOUNDER & CEO
BOARD OF DIRECTORS
Richard Cohen, Chairman
A cost consultant for the past 35+ years. Richard started his career as a quantity surveyor with JJ Schneid in South Africa, then moved to Sydney 20 years ago with Josh Heymann to set up their own practice (Heymann-Cohen), offering project cost consulting and project management. He has worked on 1200 projects over that time. They’ve recently sold this practice to Donald Cant Watts Corke, where he is now a Director.
John Luhrs, NZ Country Director
LLB BCom [Canterbury]
Past Sharebroker, Forsyth Barr; Past Solicitor and Company Secretary; Past General Manager - Laboratory & Support Svcs, Canterbury District Health Board; Past Chief Executive, West Coast District Health Board; Past Executive General Manager, Downer EDI Engineering
BSc(IT)[Goldsmiths, U. of London] MBA [Sasin]
MSc(Analysis, Design & Mgmt of Info Systems) [LSE]
Direct marketing, CRM & retail experience; Extensive data science and CRM experience, including Strategic Advisor – Digital Marketing & CRM Technology for Central Retail Corporation in Bangkok; Entrepreneur
BSc(QS) [Wits] MBA (Cum Laude) [Reading]
Colin is the Joint Managing Partner of Rider Levett Bucknall (‘RLB’) Singapore and Regional Practices, a global cost consultancy. A South African by birth, he has lived and worked across South East Asia for over 25 years, moving from Hong Kong, and now resident and settled in Singapore.
Bachelor of Business, Accounting & Finance [CQU]
Director - Transformer (startup incubator), Bond University; Past CEO, Superloop (at the time of their ASX IPO); Past VP & Chief Risk Officer, Aurizon; Past Group Financial Controller - Risk & Compliance, Energex; Past Executive Manager - Risk & Assurance, Suncorp; Past Consulting Director, Business Catalyst International; Past Group Business Review Manager, Toyota Tsusho Corp
SO, THEN WHAT DO WE DO?
We're automotive cost engineers.
We produce technology that helps firms and individual people drive more for less.
We don't want to detract from the joy of buying a new car - we want to add to this: better value, and peace of mind.
And if you don't enjoy admin - we also look to make chores like keeping a logbook, and a record of your expenses, and claiming for business trips, and constructing your tax return... as easy and as pleasurable as possible.
After all, cars are expensive - and there are considerable benefits for being smart about them.
WHAT CRITICS HAVE HAD TO SAY
This research "...will help to make sense of the complex tax rules that apply to motor car fringe benefits"
- Prof Maeve Kolitz.
"A subject of considerable complexity, which is reduced to understandable dimensions. ...should be [considered] essential for HR executives, and beneficiaries of car schemes and travel allowances"
- Tony Twine, motoring economist, Econometrix.
"Fleet planners, operators and vehicle policy decision makers do well to head the advice"
- Roland Reid, Fleet Operations Manager, Ford Motor Company.
"Practical knowledge that you can't be without. A must... for anyone financing a vehicle"
- Martin Sweet, marketing consultant to several leading insurance companies.
"At long last someone has conducted a comprehensive study regarding the tax implications relating to the purchasing and running of cars... ...is concise and easy to understand"
- Toby Venter, Managing Director, Porsche Centre.
"...is an invaluable aid to anyone concerned with financial decisions about owning and using motor vehicles"
- Martin Westcott, managing director of a firm of leading remuneration consultants.
"Love it - it's strong"
- Kevin Roberts, Global CEO of Saatchi & Saatchi.
"This is long overdue"
- Brian Sheehan, past head of Toyota's global ad committee and currently an Associate Professor of Advertising at Syracuse University, New York.
"Really like the philosophy. Lots of potential. Sooner the better"
- Dan Strong, Online Editor, AutoExpress, UK.
"This is a great initiative"
- Steve Howard, past Founder & CEO, The Climate Group and currently the Chief Sustainability Officer of the global IKEA group.
Auticus' services will be launched first in the UK, and thereafter in Australia, Thailand, Vietnam, and South Africa.
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