Leasedrive VELO

BDO figures on Leasedrive Velo for future contract hire
11 February 2010

The Leasedrive Velo Group, one of the UK’s largest independent privately-owned vehicle management groups, has won a major contract with BDO LLP, the award-winning UK member firm of BDO International, the world's fifth largest accountancy network with more than 1,000 offices in over 100 countries, to provide contract hire for around 200 partners in the UK.

Roddy Graham, commercial director, at the Leasedrive Velo Group said: “This win enhances our blue chip portfolio in the financial services sector and we look forward to developing a fruitful and long-term business partnership with BDO. We have already launched a new scheme for the firm, based on contract hire, for its partners.”

David Russell, director of finance, at BDO, said: “In conducting our comprehensive supplier review, we were particularly impressed with Leasedrive Velo Group’s systems capability, its experience with partnerships, the flexibility of its communications approach and its highly bespoke service. As an organisation we place great value in providing an outstanding and highly focused service to our clients and we felt we needed an organisation that mirrored our approach and business philosophy.

“Our partners will be able to transfer to the new scheme when they wish. No restrictions are placed on their choice of vehicle so they can enjoy the freedom of opting for whichever vehicle they desire.”

BDO will benefit from a suite of solutions available under Drive:Manager, the totally-integrated online fleet management system, including Fleet:Manager, Admin:Manager, Service:Manager and Info:Manager.

- Ends -

Notes to Editors:

About BDO
BDO LLP operates across the UK with some 3,000 partners and staff. BDO LLP is a UK limited liability partnership and a UK Member Firm of BDO International. BDO - Northern Ireland, a separate partnership, operates under a licence agreement. BDO International is a world-wide network of public accounting firms, called BDO Member Firms. Each BDO Member Firm is an independent legal entity world-wide and no BDO Member Firm is responsible for the acts and omissions of another member. The network is coordinated by BDO Global Coordination B.V., incorporated in the Netherlands with its statutory seat in Eindhoven (trade register registration number 33205251) and with an office at Boulevard de la Woluwe 60, 1200 Brussels, Belgium, where the International Executive Office is located.

The combined fee income of all the BDO Member Firms was $5.14 billion in 2008. The global network has 1,095 offices in 110 countries and more than 44,000 partners and staff provide business advisory services throughout the world.

BDO LLP and BDO - Northern Ireland are both separately authorised and regulated by the Financial Services Authority to conduct investment business.

BDO is the brand name for the BDO International network and for each of the BDO Member Firms.

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