Ride-hailing operator Didi Chuxing has launched an online financial management system for auto leasing and fleet companies in China, the company announced on Thursday.

“Quanju” allows Didi’s auto partners to manage leasing accounts and financial plans, as well as access risk control and data analytics tools. The ability to monitor a vehicle’s operation, performance, and maintenance in real-time means that risks can be identified and improvements implemented more efficiently, said Liu Xiaoyu, head of Didi financial services operations in China.

Facilitating the operation of leasing and fleet companies will help Didi better manage its overall costs. “Mobility services providers like Didi need to manage the costs for operating the vehicle fleets… to deliver profitability for them and the drivers,” said Bill Russo, founder and CEO of advisory firm Automobility told TechNode.

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Nicole Jao

Nicole Jao is a reporter based in Beijing. She’s passionate about emerging trends, news, and stories of human interest within the world of technology. Connect with her on Twitter or via email: nicole.jao.iting@gmail.com.