Case Study: Hertz achieves modernized, scalable billing and global revenue accounting with RecVue

How RecVue’s all-in-one platform helped Hertz modernize outdated systems and conquer global accounting demands

Hertz faced a growing accounting crisis: a decades-old, homegrown system could not scale to handle complex global revenue-split scenarios—Rent-It-Here/Leave-It-There (RIH-LIT) transactions, licensee revenue shares, partner commissions and multi-country intercompany accounting across a network of 40,000+ franchisees and partners. Hertz selected RecVue’s all-in-one order-to-cash billing, revenue and partner compensation platform (including its Partner Compensation Management module) to modernize and consolidate its billing and partner-payments stack.

RecVue implemented a unified, configurable rules engine that encodes Hertz’s accounting logic, calculates commissions and revenue splits, and feeds transactional detail into Hertz’s accounting hub; the platform now processes 4.5 million monthly rental agreements across 43,000+ sites, provides visibility over roughly $5.3B in agreements with 100,000 pricing rules and 12,000+ contracts, and eliminated more than 15 legacy systems. The result: a 40% reduction in systems and staffing TCO (saving millions), fewer errors and faster processing, improved auditability and partner satisfaction, and a contribution to an 8% lift in Hertz’s stock price—delivered by RecVue.

Hertz

David James

VP Corporate and Financial Systems