October 2024: Availability Engine Utilisation Rates

October 2024: Availability Engine Utilisation Rates

RCM has utilisation rates which allow you to apply a percentage increase or decrease on rental rates based on the utilisation of your fleet. There are now two ways in which this utilisation can be calculated, demonstrated using a booking request made in the below category:

The typical utilisation check: This is the default way utilisation is calculated, and involves averaging the days available across the booking period.
  1. During this nine-day period, there are three vehicles of the Electric Car category available in Cairns. So, there are 27 days available
  2. There are two bookings in Cairns during this period totalling to 11 days in length
  3. So, the Utilisation rate is 11/27 = 39%
The Availability Engine utilisation check: This is a new feature that's only available if you have the Availability Engine in your system.  This way is looking more at actual vehicle availability for the booking period rather than an average.
  1. Of the three vehicles in Cairns during this period, two of them have bookings during this period that would prevent them from being available for the nine-day booking.
  2. So, the utilisation rate is 2/3 = 67%


If you wish to use the Availability Engine utilisation check, you will need to set the below flag to Yes. This can be accessed by going to System Setup >> Availability Engine Settings >> Integrations.


For more information, please see the Utilisation Rates Overview article. 





    Important Articles


      • Related Articles

      • Utilisation Rates Overview

        Overview RCM allows you to set up rate changes based on the utilisation level of your fleet. These Utilisation Rates are a percentage increase or decrease on top of normal seasonal rates based on how many vehicles are booked. For example, you could ...

      • Availability Engine Utilisation Rules

        Purpose For Availability Engine users, there are ways to control how availability is determined according to how heavily utilised your fleet is. This is done through the Availability Engine Utilisation Rules page. This page can set up Utilization ...

      • Availability Engine Settings

        Purpose The Availability Engine (AE) settings page allows you to configure how you want to tune your engine using location sharing rules, turnaround hours settings and others. Note that the Availability Engine function and menu item will only appear ...

      • Availability Engine Overview

        Purpose Whether you like to allocate your vehicles up front, allocate them at the last minute, or use a combination of the two, Rental Car Manager (RCM) offers an Availability Engine which optimises your fleet availability and answers the critical ...

      • Availability Engine Booking Sheet

        Purpose The Availability Booking Sheet is a visual representation of the behaviour of our 'Availability Engine'. This allows interested customers to better visualise how the Availability Engine is suggesting the best fit allocations to optimise your ...