Top tips on Managing Company Cars
Managing company cars can be a bit of a headache. With the fleet management business growing, you need to make sure that you are doing all you can to keep up-to-date with the latest developments within the industry. Read on to see how the experts are managing company cars to be both cost and environmentally efficient…
Don’t let your data get out of control
Because there are so many streams of data involved in managing company cars, it’s far too easy for your data to become out of control. Whether it’s schedules for vehicle servicing and repairs or driver licence checking, it is vital to keep on top of all types of data. Make sure your data is centralised and easy to access, otherwise there is little point in having it in the first place.
Control your Mileage
When managing company cars there are certain costs that are controllable. You should capitalise on these costs to try and save wherever possible. Fuel costs contribute to between 20% and 30% of a vehicle’s entire life costs. Carefully controlling your vehicles’ fuel budgets could lead to a significant saving across the whole fleet. You can manage this by tracking both the distance travelled and the fuel used in a car. Analysing this data allows you to identify both efficient and inefficient driving. In turn you can provide training to drivers, maximising your chances of becoming more fuel efficient.
Manage your spending
Keeping on top of what you’re spending is key when managing company cars. To manage a successful and cost effective fleet, you need to identify areas of improvement and areas of waste. It makes sense to fund your best assets but that’s easier said than done. Simple spreadsheet-like programmes just might not cut it but fleet management software will be of great help to you when trying to manage large amounts of data on costs.
Being green and using the right tool…
Keeping tabs on your carbon footprint is not only profitable for the environment but for your outgoing cost as well. Generally, you will save on a car that is considered to be environmentally friendly. Being green is very important to a lot of people and when it comes to managing company cars, it may well be one of your priorities. Take time to make sure you are choosing the right car for a journey to avoid creating unnecessary cost and CO2. Selecting inappropriate vehicles could end up costing you a considerable amount of money.
If you have any questions on how fleet management could help you manage your company cars, contact us for friendly advice from our experts.