March 21, 2017
Promising first months for Ticket Log
Edenred finalized in May 2016 the merger between its Expense management activities in Brazil and Embratec as part of the Ticket Log joint-venture, which will soon celebrate its first anniversary.
With the creation of Ticket Log, Edenred has enhanced its solutions for the fuel card and maintenance market, which is particularly buoyant in Brazil.
Fully in line with the Group's strategy of picking up speed on the Expense management market, this transaction was an ambitious challenge.
In order to gain market shares in Brazil, the product range was reorganized. In addition to Ticket Car, used to pay for fuel, two new solutions were launched: Ticket Fleet for the management of light vehicle fleets and Ticket Cargo for the management of heavy vehicle fleets.
A joint technical platform was also developed thanks to technological investments.
In addition, a genuine team spirit among staff has been buit thanks to a proactive human resources.
Ticket Log in figures
The joint-venture currently has 27,000 clients, 5,000 of which were acquired after the merger. It relies on a network of over 24,500 affiliated service stations and maintenance shops, i.e. 58% of the Brazilian national network. More than a million vehicles are equipped with Ticket Log solutions.
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