Reviewing and Monitoring Fleet Commercial Terms for large Pharma Company

The Client

The UK arm of a multi-national pharmaceutical company with 650 vehicles.

The Objective

The client developed a sophisticated funding and operational model with their fleet management supplier, based on a transparent fee and cost base structure. The challenge was to validate the cost and rebates contained within the agreement,  whilst ensuring that competitive terms ,won through hard fought negotiations, were actually correctly delivered to the business.

Our Solution

We collect all cost items from the supplier invoicing files and code these to one of more than 60 different cost codes, which means that line item expenditure can be evaluated against the agreed commercial terms and validated or challenged as appropriate.

Net pricing, discounts and rebates are all assessed, and any appropriate corrections or credits are pursued with the supplier prior to any settlements being accepted by the client.

The Result

The additional scrutiny provided by Fleetworx means that open and sharing agreements can be negotiated with confidence as their value can be guaranteed to be delivered to the business. In addition, we have completely removed the resource burden from the client.