SOUTH PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions, today announced that it has been selected to provide its full suite of corporate payments solutions to ServiceMaster Global Holdings Inc. Through this agreement, all corporate and participating franchise vehicles within ServiceMaster’s network of well-recognized brands including Terminix and Merry Maids, with an estimated fleet size of 6,600, will utilize WEX’s fleet, virtual and analytics solutions.
“It’s a great honor for WEX to have been selected by ServiceMaster as its business-to-business payments solution provider of choice,” said Bill Cooper, vice president of customer acquisition at WEX. “Our customer service model and sophisticated and precise technology will play a critical role in helping ServiceMaster run its business more efficiently, effectively and securely.”
In addition, ServiceMaster will be leveraging WEX’s analytics platform to easily analyze large quantities of driver and vehicle data and better understand fleet activity. These analytic capabilities will allow ServiceMaster to quickly identify and understand short- and long-term purchasing trends, review performance benchmarks, and identify exceptions to fuel purchase policies. Ultimately, the WEX Fleet analytics platform will allow ServiceMaster to better manage its fleet and generate measurable cost savings.
About ServiceMaster Global Holdings, Inc.
ServiceMaster Global Holdings, Inc. is a leading provider of essential residential and commercial services, operating through an extensive service network of more than 8,000 company-owned, franchised and licensed locations. The company’s portfolio of well-recognized brands includes Terminix (termite and pest control), American Home Shield (home warranties), ServiceMaster Restore (disaster restoration), ServiceMaster Clean (janitorial), Merry Maids (residential cleaning), Furniture Medic (furniture repair) and AmeriSpec (home inspections). The Company serves residential and commercial customers through an employee base of approximately 13,000 company associates and is headquartered in Memphis, Tenn.
About WEX Inc.
WEX Inc. (NYSE: WEX) is a leading provider of corporate payment solutions. From its roots in fleet card payments beginning in 1983, WEX has expanded the scope of its business into a multi-channel provider of corporate payment solutions representing 9 million vehicles and offering exceptional payment security and control across a wide spectrum of business sectors. WEX serves a global set of customers and partners through its operations around the world, with offices in the United States, Australia, New Zealand, Brazil, the United Kingdom, Italy, France, Germany, Norway, and Singapore. WEX and its subsidiaries employ more than 2,000 associates. The Company has been publicly traded since 2005, and is listed on the New York Stock Exchange under the ticker symbol “WEX.” For more information, visit www.wexinc.com and follow WEX on Twitter at @WEXIncNews.