|[April 05, 2012]
Wireless Matrix and OTS Partner to Provide Prompt, Accurate Fleet Fuel Tax Reporting and Auditing
HERNDON, Va. & STOW, Ohio --(Business Wire)--
Matrix Corporation (TSX: WRX), a leading provider of GPS fleet
tracking services, today announced a partnership with OTS
(Operating Tax Systems), a provider for fuel tax, safety compliance,
licensing and permitting, tax recovery and consulting services to those
in the trucking industry. The partnership enables more accurate and
efficient fuel tax reporting and auditing for fleet managers by bringing
together best-in-class GPS tracking and reporting services with
innovative, web-based International Fuel Tax Agreement (IFTA) tax
The combination of Wireless Matrix's FleetOutlook®
and OTS' IFTA tax compliance software offers fleet managers a more
manageable and less labor intensive approach to fuel tax reporting and
contributes to the increased ROI offered by fleet telematics solutions.
Combining GPS fleet tracking data with tax software can ensure private
fleet operators do not overpay International Fuel Tax Agreement (IFTA)
taxes through the use of automated processes. By uploading the miles
driven in each state along with the fuel expenses for each vehicle into
the software, accurate IFTA documentation can be made readily vailable.
"The potential behind telematics solutions is continually being expanded
beyond traditional fleet tracking and routing solutions. The ability to
integrate with other technologies and provide comprehensive solutions
that make fleet management more efficient and effective is what our
clients expect," said Maria Izurieta, acting CEO of Wireless Matrix. "By
partnering with OTS, we are able to enhance our customers existing ROI
with fuel tax benefits while continuing to provide the innovative
solutions they have come to expect."
OTS' solution seamlessly integrates with FleetOutlook allowing the
capture of information directly, avoiding costly data re-entry. OTS'
100% web-based reporting tool, RoadTax.net™ complements FleetOutlook's
existing reporting features to provide over 60 management reports with
unlimited customization. As a result of the partnership, fleets of all
sizes are able to support various operational needs and receive
real-time information to assist decision making and data management
"We strive to offer our customers the most innovative, cutting-edge
technology to provide prompt and accurate tax reporting and auditing,"
said Melody Wood, national director of business development for OTS.
"The ability to significantly reduce taxes and fees for fleets, however,
comes down to visibility into their daily operations. Wireless Matrix's
FleetOutlook is the perfect tool to capture actionable intelligence from
fleet operations and uniquely complements our tax reporting solutions."
OTS has both developed and harnessed tax and transportation management
technology throughout the digital revolution to become the preeminent
provider of web-based recovery, audit, reporting and compliance
information for fleet operators and motor carriers throughout the U.S.
and Canada. Nearly three out of four top North American trucking
companies trust OTS to lead their paperless fuel-tax compliance, HOS
driver log auditing, tax recovery and tax refund efforts. Operating Tax
Specialists, Inc. was founded in 1990; Operating Tax Systems, LLC was
founded in 2000. For more information, visit www.ots.net.
About Wireless Matrix
Wireless Matrix Corporation (TSX: WRX) provides GPS fleet management
software solutions for companies of all sizes to drive business metrics
and improve real-time decision-making and field communication, thus
enhancing overall business operations. The company's award-winning SaaS (News - Alert)
platform, FleetOutlook®, is engineered to deliver critical
real-time location intelligence to desktops and mobile devices using a
fleet tracking web application with in-vehicle hardware GPS devices and
wireless communications. FleetOutlook helps distribution, cable,
utilities, rail, oil and gas, government, and a host of other field
service companies increase their mobile workforce's productivity,
decrease operational costs, enhance customer service, and reduce
safety-related incidents. FleetOutlook is an open, scalable platform
designed for seamless integration with other applications, including
workforce management and other back-office applications. Wireless Matrix
is headquartered in Herndon, VA. For more information visit: www.wirelessmatrix.com.
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