Generated by All in One SEO v4.9.7.2, this is an llms.txt file, used by LLMs to index the site. # Fleetworx ## Sitemaps - [XML Sitemap](https://fleetworx.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [What Best-Practice Company Car Fleet Policies Actually Cover](https://fleetworx.com/best-practice-company-car-fleet-policy-fleetworx/) - A strong company car fleet policy isn’t defined by its length. It’s defined by how well it provides clarity, control and consistency when real-world situations arise. Most organisations already have a fleet policy in place. In many cases, it was carefully designed and approved, with the right intentions around fairness, cost management and governance. The - [Why Most Company Car Fleet Policies Quietly Fall Out of Date](https://fleetworx.com/why-most-company-car-fleet-policies-quietly-fall-out-of-date/) - Most organisations don’t set out to run a weak fleet policy. In fact, when a company car policy is first written, it’s usually done with care. There are conversations, comparisons, approvals and plenty of thought given to fairness, cost and governance. At that moment in time, the policy often does exactly what it’s supposed to - [The Hidden Factors Behind Fleet Resilience - and How to Improve Yours](https://fleetworx.com/the-hidden-factors-behind-fleet-resilience-and-how-to-improve-yours/) - Fleet leaders talk a lot about efficiency, sustainability, and cost control. But underneath all of that lies a more fundamental question: how resilient is your fleet? Resilience isn’t about surviving disruption - it’s about staying in control, even when the landscape changes. And right now, that control is being tested like never before. When control - [Why Fleet Stakeholders Need a Resilience Benchmark](https://fleetworx.com/why-fleet-stakeholders-need-a-resilience-benchmark/) - In a world where supplier influence is growing and cost pressures are relentless, every fleet stakeholder faces the same challenge: knowing whether they’re really in control. On paper, things might look fine - vehicles are on the road, contracts are in place, and costs seem predictable. But beneath the surface, unseen inefficiencies and supplier-led decisions - [Maintenance Budgets: Why Conservative Estimates Become Supplier Profit](https://fleetworx.com/maintenance-budgets-why-conservative-estimates-become-supplier-profit/) - Maintenance budgets are positioned as a way to manage risk. They are set conservatively to cover worst-case scenarios. But in practice, these budgets often become a profit centre for suppliers. By inflating assumptions around wear, usage, and cost, suppliers ensure they capture surpluses. Unless contracts include profit-sharing or transparency, these reserves stay hidden, quietly inflating - [Gain on Sale: Why Procurement Rarely Sees the Surplus They Fund](https://fleetworx.com/gain-on-sale-why-procurement-rarely-sees-the-surplus-they-fund/) - When a leased vehicle is sold at the end of its life, the difference between the sale price and the residual value (RV) is known as the gain on sale. If the vehicle outperforms its RV, the surplus can be substantial. But here’s the catch: in many contracts, suppliers retain that gain. Even though the - [Contract Deviations: How Small Changes Can Unlock Big Costs](https://fleetworx.com/contract-deviations-in-fleet-management-hidden-cost-risks/) - No fleet ever runs exactly as planned. Mileage changes, vehicles come off-fleet earlier than expected, and contracts are adjusted mid-term. Suppliers refer to this as contract deviation, and it’s one of their most profitable levers. Common Triggers Adjustments - When usage strays 10–20% from agreed parameters, suppliers reset contracts, usually in their favour. Excess mileage - [Network Rebates: The Hidden Profits Inside Fleet Maintenance](https://fleetworx.com/hidden-profits-in-fleet-maintenance-network-rebates-explained/) - At first glance, fixed-cost maintenance and repair packages look like a risk-free way to manage fleet costs. But buried in these arrangements are network rebates, discounts that suppliers negotiate with service providers. The issue? Unless explicitly covered in your contract, these rebates rarely make their way back to the client. Instead, they become a hidden - [Interest Margin: The Hidden Fleet Cost You Can’t See But Always Pay](https://fleetworx.com/interest-margin-the-hidden-fleet-cost-you-cant-see-but-always-pay/) - While the management fee is at least visible, interest margin hides in plain sight within monthly rentals. It’s the profit margin leasing providers add to the base cost of funds when calculating lease charges. On paper, it looks negligible. In practice, it’s one of the most lucrative and least transparent revenue streams for suppliers. Even - [The Management Fee: Why Procurement’s Favourite Benchmark is Just the Tip of the Iceberg](https://fleetworx.com/the-management-fee-why-procurements-favourite-benchmark-is-just-the-tip-of-the-iceberg/) - When reviewing fleet leasing contracts, procurement teams often find themselves gravitating toward the management fee. It feels tangible, transparent, and controllable. A fixed cost per vehicle that can be benchmarked against the market and negotiated down during tender. For many procurement professionals, it’s the natural focal point of cost control. But here’s the reality: the - [What mobility solutions are alternatives to company cars?](https://fleetworx.com/what-mobility-solutions-are-alternatives-to-company-cars/) - Exploring Sustainable and Flexible Options In today's rapidly evolving world, the traditional company car is no longer the only viable option for employee mobility. With a growing emphasis on sustainability, cost-efficiency, and flexibility, businesses are exploring a range of alternative mobility solutions. These options not only reduce the environmental impact but also cater to the - [How much does it cost to outsource company car fleet management?](https://fleetworx.com/how-much-does-it-cost-to-outsource-company-car-fleet-management/) - Primarily – your return on investment It is important to understand that as with any business process outsourcing model, outsourcing fleet models are designed to deliver a positive return on investment for the client, through a number of factors. Most prominently, this will include the headcount that you currently have invested in the day to - [What is the best replacement cycle for company cars?](https://fleetworx.com/what-is-the-best-replacement-cycle-for-company-cars/) - Ensuring Efficiency and Cost-effectiveness Introduction Managing a fleet of company cars can be a complex task, requiring careful attention to maintenance, efficiency, and cost-effectiveness. One crucial aspect of fleet management is determining the optimal replacement cycle for company cars. This decision impacts the overall performance of the fleet, the costs associated with running the vehicles, - [Myth #4: Fleet Management Is Operations’ Job - Procurement Only Handles Contracts](https://fleetworx.com/myth-4-fleet-management-is-operations-job-procurement-only-handles-contracts/) - For years, fleet has sat between two functions: operations, who handle the logistics and day-to-day management, and procurement, who focus on sourcing vehicles and negotiating supplier contracts. It’s a familiar model - but it’s also outdated. Modern fleets are no longer just about admin and purchasing. They’re strategic business assets that impact cost, compliance, sustainability, - [Myth #3: Electrification is just a vehicle switch](https://fleetworx.com/myth-3-electrification-is-just-a-vehicle-switch/) - On paper, electrifying a company car fleet seems simple: swap out petrol or diesel models for electric vehicles (EVs), and you’re done. But in reality, the switch to EVs is not just about vehicle selection. It’s a strategic shift that impacts your entire fleet operation. And if you're only focused on the cars themselves, you’re - [Myth #2: Our Fleet Costs Are Fixed - There's No More Savings to Find](https://fleetworx.com/fleet-cost-savings-myth/) - It’s a story we hear time and time again: “We’ve already negotiated great deals. There’s nothing else to save.” And yet, when we dig into the data, the reality is very different. Fleet costs aren’t fixed, they’re just hiding in plain sight. Even in mature, well-managed fleets, we consistently uncover 10–20% cost opportunities through better - [Myth #1: Leasing companies are my best source of fleet data](https://fleetworx.com/fleet-data-leasing-company-myth/) - When it comes to managing a corporate car fleet, data should be your most powerful asset. But not all data is created equal - and not all sources are working in your best interest. One of the most common misconceptions we hear is that leasing companies are the best (or only) source of fleet data. - [What does implementing outsourced fleet management look like?](https://fleetworx.com/what-does-implementing-outsourced-fleet-management-look-like/) - https://youtube.com/shorts/7PhlhpgNmcY The importance of diligent implementation It is critically important to have an implementation team assigned to you as a new client, to ensure that all bases are covered and that the handover of inventory data and responsibilities for service delivery is managed in a systematic and thorough way. Unlike with lessors, in essence, with - [What supplier models are available for outsourced fleet management?](https://fleetworx.com/what-supplier-models-are-available-for-outsourced-fleet-management-fleetworx-faqble-for-outsourced-fleet-management/) - https://youtu.be/_hMXVoUXBT4?si=RqFhdoqKqLssTJKC 1. Multi-Bid (competitive in market) What is involved? This involves setting up at least 2, but preferably 3, competitive supply sources in each market; each competing for every car order that you intend to place. The supply chain will consist of preferably 3 lessors, a ‘multi-bid’ resource, that will manage the car configuration and - [When should I consider outsourcing my company car fleet?](https://fleetworx.com/when-should-i-consider-outsourcing-my-company-car-fleet/) - https://youtu.be/zV8Y0WzDR6o?si=ndFWJwVvm47ujFfq Does size matter? In truth, the size of the fleet that you have and the spread across the world, only affects the decision to outsource in that, if it’s that insignificant, that it causes no draw on resources and is very easily managed, then you have no real need to address this. If - [Why should I outsource car fleet management?](https://fleetworx.com/why-should-i-outsource-car-fleet-management/) - https://youtu.be/N30iPgorDzc?si=Os8ib-sHLrd6kAZt As with many well-established outsourced business processes, there are 5 key reasons why businesses should consider outsourcing the management of their car fleets to a professional third party. 1. Reducing Costs: Managing a company car fleet in- house can be expensive. From dedicated staff to fleet systems and infrastructure, the costs quickly add up. - [What are the pro's & con's of outsourcing car fleet as a business process?](https://fleetworx.com/what-are-the-pros-cons-of-outsourcing-car-fleet-as-a-business-process/) - Resourcing Requirements Pre, During, and After Outsourcing Executive Summary This blog explores the pros and cons of outsourcing business administration processes across multiple countries, focusing on the resourcing requirements before, during, and after the outsourcing process. While outsourcing can lead to cost savings, access to global talent, and scalability, it also presents challenges such as - [How do I simplify my international car fleet?](https://fleetworx.com/how-do-i-simplify-my-international-car-fleet/) - What are the challenges You may be forgiven, if you had not delved into the murky world of International car fleet, for assuming that this is a fairly simple concept. Where a fleet in one country is very much the same as another, and that suppliers would be very similar and, if they were the - [Choosing the Right Fleet Supplier Model – Why One Size Never Fits All](https://fleetworx.com/choosing-the-right-fleet-supplier-model-why-one-size-never-fits-all/) - Once you’ve defined your fleet strategy and selected a management partner to guide implementation, the next critical step is choosing the right supplier model. It may sound like a tactical decision—but it’s a strategic choice that has a lasting impact on cost, control, and performance. Select the wrong model, and you could face supplier inconsistency, - [Why Choosing the Right Fleet Management Partner Is the Key to Long-Term Succes](https://fleetworx.com/why-choosing-the-right-fleet-management-partner-is-the-key-to-long-term-succes/) - When it comes to managing a global company car fleet, there’s often a temptation to jump straight into the practicalities - selecting suppliers, defining vehicle policies, or rolling out local contracts. But without the right strategic foundation, even the most well-intentioned initiatives can fall short. One of the most overlooked, yet absolutely critical, steps in - [3 Strategic Steps to Streamline Global Fleet Management](https://fleetworx.com/3-strategic-steps-to-streamline-global-fleet-management/) - Fleet management isn’t just about vehicles—it’s about visibility, control, and strategic alignment. When you’re operating across borders, managing multiple suppliers and compliance frameworks, things get complex fast. But that complexity doesn’t have to become chaos. To create a fleet strategy that delivers real efficiency, you need a plan that aligns your operations, people, and goals. - [Beyond the deal: why fleet contract governance matters more than ever](https://fleetworx.com/beyond-the-deal-why-fleet-contract-governance-matters-more-than-ever/) - Securing a fleet deal is just the beginning. Once the contract is signed and new vehicles are ready to roll out, it's tempting to think the hard work is over. But in reality, the challenge is just beginning. To prevent cost creep, organisations must apply robust contract governance, supply chain oversight, and financial controls. Without these, businesses - [Excess mileage charges grow to concerning levels during 2024](https://fleetworx.com/excess-mileage-charges-grow-to-concerning-levels-during-2024/) - When you sign your brand-new leasing agreement with your eager leasing supplier, it’s easy to overlook excess mileage charges—but doing so could be a costly mistake! Integral to the leasing supplier’s revenue model are sophisticated means of applying margin to consumables and services. In fact these margins drive most of the revenue for the lessor, - [How Fleet Owners Can Navigate New Vehicle Shortages: 5 Key Actions](https://fleetworx.com/how-fleet-owners-can-navigate-new-vehicle-shortages-5-key-actions/) - Yesterday's (28th November) announcement that car production in the UK has fallen for the eight consecutive month has led to a downgrading of production expectations for this year and next. FleetNews report that factories will produce 911,000 vehicles this year and 839,000 in 2025, around a third less than the approx. 1.4M cars and light - [The Fleet FN50 announce huge profit gains – should fleet owners expect a share?](https://fleetworx.com/the-fleet-fn50-announce-huge-profit-gains-should-fleet-owners-expect-a-share/) - The past few years have seen considerable turmoil within the automotive sector. Significant macro pressures such as the ongoing war in Ukraine, supply chain disruption, COVID and the semi-conductor shortage have given the sector a roller coaster ride of supply and demand fluctuations that have led to a noticeable power imbalance between customer and supplier. - [Fleet Trends 2023 - Arval Fleet Barometer Reviewed](https://fleetworx.com/company-car-fleet-trends-2023-arval-fleet-barometer-reviewed/) - The Arval Mobility Observatory Fleet and Mobility Barometer 2023 is a hotly anticipated industry research platform that is an excellent resource to understand the macro trends that are impacting the sector. The survey consists of 8622 interviews with fleet managers within companies owning at least 1 company vehicle. 20% of the interviews are held with - [Benefit in Kind (BiK) & EV's - The European League Table](https://fleetworx.com/benefit-in-kind-taxation-and-electric-vehicles/) - Goldman Sachs latest research expects electric vehicles (EV’s) to be half of global vehicle sales by 2035. They believe there will be no let-up in the EV industry’s expansion, fuelled by tightening environmental rules and the increasing sophistication of electrification technologies. Although troubled by some concerning headwinds - the rising cost of electricity and battery - [2022 Global Fleet Survey - 6 key insights unpicked](https://fleetworx.com/2022-global-fleet-survey-6-key-insights-unpicked/) - The Global Fleet Survey is a real heavyweight study, and sets itself up as the definitive barometer of the global fleet sector. It is the product of research into 127 participants who represent well over 1 million passenger cars across the world, more than 200,000 LCV’s and 9 million employees – so it is worth - [Fleet industry challenges - and what to do about them](https://fleetworx.com/fleet-industry-challenges-and-what-to-do-about-them/) - Eye-wateringly high energy costs, the Covid hang-over and the ongoing war in Ukraine are challenging every part of every industry, and car fleet has not escaped the clutches of this triple-whammy. Leaseplan have captured what these challenges mean for fleet with an insightful look into the impact on the automotive industry. Challenge #1: Inflation Challenge - [In the current company car climate tactical agility trumps strategic planning](https://fleetworx.com/in-the-current-company-car-climate-tactical-agility-trumps-strategic-planning/) - In March we talked about the global vehicle shortage and how company car fleet operators can mitigate the impact on their vehicles and drivers. At the time, BCG were predicting a worst case scenario of 2025 before supply is stabilised, although we are seeing a slight easing in supply issues that suggest normality may be - [Don't let your company car benefit bust your bottom line](https://fleetworx.com/dont-let-your-company-car-benefit-bust-your-bottom-line/) - 8 Tactics to Improve Your Company Car Benefit and Remove Cost According to two industry indicators the company car market remains in rude health, with both studies underpinned by the realisation that company cars are still an integral part of a competitive reward strategy. The 2022 Arval Mobility Observatory shows that 94% of companies surveyed - [How to ensure your home-charging infrastructure supports your EV company car plans](https://fleetworx.com/how-to-ensure-your-home-charging-infrastructure-supports-your-ev-company-car-plans/) - Integrating electric vehicles into company car fleets is fast becoming a must-have for ambitious organisations who want to deliver best-in-class reward packages and attract key talent. Although appealing, parts of this integration can be a little challenging, particularly around home-charging and electricity re-imbursement (as let’s face it, although challenging, home-charging is very important as it’s - [Consumer appetite for electric vehicles reaches tipping point](https://fleetworx.com/consumer-appetite-for-electric-vehicles-reaches-tipping-point/) - Have you noticed more demand for electric vehicles from your people? Are they getting more curious about the car list, are they questioning their options, calculating their tax liabilities, eyeing up the EV range’s? If this week’s news from EY is anything to go by then if they aren’t already they will be soon. According - [Transitioning Car Fleet Supply - Get The Reward You Deserve](https://fleetworx.com/transitioning-car-fleet-supply-get-the-reward-you-deserve/) - Out with the Old, in with the New Tendering for new fleet suppliers is a necessary process for most larger organisations and can deliver substantial savings opportunities. Most procurement professionals tasked with going to market for leasing services will have had their eyes on a substantial prize at some point, whether it be through direct - [Is There a Financial Case for a Company Car Fleet of Electric Vehicles?](https://fleetworx.com/is-there-a-financial-case-for-a-company-car-fleet-of-electric-vehicles/) - Electric vehicle adoption is accelerating at an unprecedented pace and the announcement that the UK is set to ban the sale of new petrol and diesel cars from 2030 means it may well pick up even more pace. But is there a financial case for a company car fleet of electric vehicles? The latest stats - [The Interdependencies of Fleet Stakeholders](https://fleetworx.com/the-interdependencies-of-fleet-stakeholders/) - As companies grow, especially those who grow at pace, they bring in expertise to manage key functions that become increasingly important to their growth: hence the introduction of departments such as car fleet. However, as the business matures and goes through growth cycles they inevitably land on a period of introspection which results in them - [Company Car Fleets - Single or Multi Supply? You Decide.](https://fleetworx.com/company-car-fleets-single-or-multi-supply-you-decide/) - When considering a company car fleet supply process, fleet stakeholders are often in conflict over the type of process with which to engage. Some departments are often in favour of a single supply agreement so they can build relationships with one supplier, whilst other departments encourage a dual or multi-supply so they can “horse-trade” the - [Why You Need Total Fleet Category Management by Graham Rees, Director, Fleetworx](https://fleetworx.com/fleet-category-management/) - In the 21st century the pressure on businesses to focus on their core activities is immense. Shareholders want to see double-digit returns in an ever more competitive global marketplace, and executives charged with delivering this need to become more and more focused on building the top line, whilst reducing the operating costs. Something has to - [What Might The Future Hold For Company Car Fleets?](https://fleetworx.com/what-might-the-future-hold-for-company-car-fleets/) - The recent Fleet 200 virtual roundtable from Fleet News threw up some interesting thoughts on the future of the company car. Primary among them was the increasing role of the electric vehicle. As lockdown and social distancing continues to confine people to home and virtual meetings/working is weaving its way into the fabric of society - [Arval Fleet Barometer 2020: Key Takeaways](https://fleetworx.com/arval-fleet-barometer-2020-key-takeaways/) - The recently published Arval Mobility Observatory Global Fleet Barometer is one of the most eagerly anticipated industry research platforms of the year. This 16th edition was conducted pre-Covid19, but still holds huge value in predicting high-level mobility trends. The survey covers 5600 fleet managers across 20 countries, 17 of which are in Europe, to which - [Use Data to Eliminate Significant Cost from Car Fleets](https://fleetworx.com/use-data-to-eliminate-significant-cost-from-car-fleets/) - Car fleet supply contracts can be complex and nuanced. The headline deal that is offered when negotiating new supply terms does not always translate into the real-life actual costs incurred when operating the fleet. This is mostly due to the cost-creep that occurs as the contract matures; as unplanned variable costs remain unchecked; and suppliers - [Is it time to future proof your fleet?](https://fleetworx.com/company-car-fleet-electrification/) - The electrification of all or part of a company car fleet is an inevitable consequence of climate change, consumer demand and government directive. With transport being considered a major contributor to climate change, corporate fleets are key targets of governments trying to reduce greenhouse gas emissions and get the EU back on track to meet - [Controlling The Costs of a Fleet Reduction](https://fleetworx.com/controlling-the-costs-of-a-fleet-reduction/) - A sad inevitability of the coronavirus crisis may be the reduction in fleet sizes. Indeed, the latest fleet survey on the impact of coronavirus on the fleet and mobility sector suggests that a reduction in fleet is anticipated by 35% of buyers. In isolation this statistic is concerning. But actually, when it is compared with - [Total Cost of Ownership: fleet sector reveals worrying difference in preparedness for change.](https://fleetworx.com/total-cost-of-ownership-fleet-sector-reveals-worrying-difference-in-preparedness-for-change/) - A recent Fleet Europe survey on the worldwide impact of Covid-19 on fleet and mobility threw up some interesting results. The survey was live from the end of March and beginning of April, of which the vast majority of Europe was living with at least a few weeks of lockdown. The survey attracted over 400 - [Can BiK Company Car Tax Be Removed for Furloughed Employees?](https://fleetworx.com/can-bik-company-car-tax-be-removed-for-furloughed-employees/) - The current Europe-wide lockdown means that large swaths of company cars driven by furloughed employees are likely to be parked up and unused. This does raise the question of the need to pay Benefit in Kind taxation on a benefit that is no longer being enjoyed. Currently, in the UK, unless a company car is - [Will Electric Vehicles Thrive or Fail to Survive Through C19 and Oil Price Drop?](https://fleetworx.com/will-electric-vehicles-thrive-or-fail-to-survive-through-c19-and-oil-price-drop/) - It is quite normal to suspect that the recent growth of Electric Vehicles (EVs) is going to be adversely affected by the double-hit of C19 and falling oil prices. Oil price falls of 44% suggest Internal Combustion Engine (ICE) vehicles may return to favour, whilst the potential recessionary effects of C19 may thwart the capital - [How to Contain Company Car Fleet Cost During Coronavirus Crisis](https://fleetworx.com/how-to-contain-company-car-fleet-cost-during-coronavirus-crisis/) - The Coronavirus is a global public health crisis that is challenging the resilience of companies across UK, Europe and beyond. It is forcing many businesses to change the way they operate, look for new ways to engage with their customers and consider their cost-containment options. Whilst the majority of company car fleet’s may well be - [Fleet Electrification at Full Charge?](https://fleetworx.com/fleet-electrification-at-full-charge/) - As expected, the long-awaited company car tax changes were rubber-stamped at the recent budget. The anticipated Benefit in Kind rates for EV’s will finally be passed into law, meaning pure EV’s registered from April 6 2020 will enjoy a zero percentage rate, with small increases of one percentage point for each of the tax years - [Dial down cost in your car fleet. Get your personal cost-reduction report](https://fleetworx.com/remove-significant-cost-from-your-car-fleet-get-your-personal-cost-reduction-report/) - Company car benefit for professional, managerial, executive and other client-facing employees remains a highly attractive incentive. It can be both a powerful and persuasive competitive advantage when recruiting and retaining top talent and helps an employer develop a standout rewards package. It can also, however, be a massive investment, and in larger businesses it is - [Salary sacrifice – the resurgance of the pseudo company car](https://fleetworx.com/salary-sacrifice-the-resurgance-of-the-pseudo-company-car/) - The launch is part of a wider trial by the HyFive European project, with a consortium of manufacturers aiming to deploy 110 Fuel Cell Electric Vehicles (FCEV’s) direct to the consumer. There is increasing evidence that the UK is rekindling it’s love affair with the company car, but this time as an integral part of - [The First Steps into our Future in Motoring](https://fleetworx.com/the-first-steps-into-our-future-in-motoring/) - The next generation of ultra-low emission vehicles goes on sale this month with a price tag of £53,000, and that’s after a government grant of £15,000. The vehicle, a version of the Hyundai ix35, is powered by Hydrogen Fuel Cell technology, which is essentially a means of generating electricity using just Hydrogen and Oxygen, with - [How to improve the value of your company car offer by 50%, without increasing your costs](https://fleetworx.com/how-to-improve-the-value-of-your-company-car-offer-by-50-without-increasing-your-costs/) - “How is that possible then?, we hear you ask, and you could easily be forgiven for asking that question. To get an improved vehicle choice and attract key talent, then surely you need to increase your investment in your car fleet, right? Well, not exactly. We all know that company cars are integral to competitive - [Manage Your Fleet Spend and Increase Your Savings with Newly-Launched Fleetworx Centrax](https://fleetworx.com/manage-your-fleet-spend-and-increase-your-savings-with-newly-launched-fleetworx-centraxtm/) - Finding it hard to keep track of all your company car fleet suppliers? Want to know how much you are spending in each category and where your savings opportunities are? Maybe you just want better visibility and control of your fleet supply chain. At Fleetworx we know managing the information and data integral to your - [Outsourcing Your Company Car Fleet? Be Mindful of These Unintended Consequences](https://fleetworx.com/outsourcing-your-company-car-fleet-be-mindful-of-these-unintended-consequences/) - A key strategy of many companies is to concentrate on core business activity, or “sticking to their knitting” as my old university lecturer used to say, and it is as relevant today as it was back then (even though “then” was quite a long way back!). As phrases such as cost containment and headcount reduction - [Could this be the real reason hybrid-car sales doubled in 2015?](https://fleetworx.com/could-this-be-the-real-reason-hybrid-sales-are-up/) - According to the latest ACEA figures as reported in International Fleetworld, sales of Plug-In Hybrid vehicles more than doubled in Western Europe in 2015, with 185,266 plug-ins registered compared to 91,409 units in 2014. - [How to Optimise Company Car Replacement Cycles](https://fleetworx.com/optimise-company-car-replacement-cycles/) - Extending your company car replacement cycle produces many arguments for and against. Those in favour say yes… extend and lets benefit from the quick win. Those against are concerned about depreciation and employee morale. It is a big decision and has wide-ranging implications on your company car fleet policy so it is sensible to look - [Why Knowing Your Numbers is a Game Changer](https://fleetworx.com/knowing-numbers-game-changer/) - In the UK, I don’t think many people will know the name Billy Beane. You may recognise his on-screen persona, Brad Pitt, but I am pretty sure Billy Beane means almost nothing to most people. Billy Beane is a genius. A change-maker. A risk-taker. Billy Beane is the name behind the Hollywood movie Moneyball, starring - [How to Stop Cost Creep Becoming a Horror Story](https://fleetworx.com/stop-cost-creep-becoming-horror-story/) - At Fleetworx we are obsessed with our forensic approach to cost management. Last week I wrote about “knowing your numbers”, and adopting a data analysis approach to company car fleet management. I described how not having control of your numbers and data can be an unintended consequence of outsourcing a company car fleet. Well, a - [Company Car Fleet Analysis: 5 Numbers You Must Study Closely](https://fleetworx.com/company-car-fleet-analysis-5-numbers-must-study-closely/) - A couple of weeks ago I wrote about the importance of knowing your numbers. Well, it seems this topic has touched a nerve. We had lots of feedback on the significance of good data flow and its interpretation, but we also had a lot of questions about what numbers matter. It is great to have - [The Emotional Impact of Company Car Benefit Design](https://fleetworx.com/the-emotional-impact-of-company-car-benefit-design/) - When we talk amongst ourselves about company car fleet and discuss the rewards and challenges of working with car fleets, we often describe it as an emotive subject. We kind of just know that it is emotive. We have been involved in car fleets for so long we are conditioned to accept that it is - [Transferring Company Car Fleets Between Owners? An ESSENTIAL Read](https://fleetworx.com/transferring-company-car-fleets-owners-essential-read/) - In the fast-paced, pulsating world of Mergers, Acquisitions & Divestments, company car fleet transfers between existing and divested businesses may appear a little, well, boring. Managers could be excused for considering the transfer of cars from one part of the business to a new company a simple formality, which is no more difficult than just - [How Company Car Fleet Operates as an Enabling Function in a New Strategic Era](https://fleetworx.com/how-company-car-fleet-operates-as-an-enabling-function-in-a-new-strategic-era/) - Over the past decade the corporate support function has begun to play an increasingly important role in the strategic requirement of an organisation. Prior to this change in emphasis, support services would do exactly that: support the organisation in the day-to-day transactional types tasks that made the wheels turn. Finance would manage the accounting, process - [Career Opportunities at Fleetworx](https://fleetworx.com/career-opportunities-at-fleetworx/) - Do you know your multi-contract from your single-supply? Do you think strategically whilst still having the tactical drive to assess the detail? Does working across multi-territories and dealing with indigenous teams excite you? If you answer yes to any of these then we would like to talk with you. We are looking to strengthen our - [How to mitigate April's company car tax increases](https://fleetworx.com/how-to-mitigate-aprils-company-car-tax-increases/) - There has been a lot of coverage about the latest round of tax amends from the Autumn budget. And although the dust may not quite have settled on some of them, such as salary sacrifice, we do know there is a host of tax increases coming over the horizon in April. Managing a company car - [How the diesel restrictions will affect company car fleets](https://fleetworx.com/how-the-diesel-restrictions-will-affect-company-car-fleets/) - Now that we are in April, the month within which a High Court Judge declared Defra come up with a better plan for reducing air pollution in 6 cities (London, Birmingham, Leeds, Nottingham, Southampton & Derby) , plans for diesel restrictions and bans are gathering pace. The upshot is the announcement of a £12.50 charge - [The Hidden Cost Threat in a Company Car Fleet](https://fleetworx.com/the-hidden-cost-threat-in-a-company-car-fleet/) - Creating a water-tight contract at the beginning of the supply agreement is one of the most important things any fleet stakeholder will do when dealing with fleet. We can say this with absolute confidence as we know what happens when car fleets mature and morph from their original formation. The nature of our business means we - [Electric cars in company car fleets - questions you need to ask.](https://fleetworx.com/electric-cars-in-company-car-fleets-questions-you-need-to-ask/) - Recent news emerged from Denmark that sales of EV were down 60% against Q1 2016. Denmark is the only EU country that has experienced a drop in EV sales, indeed data from the European Automobile Manufacturers Association (ACEA) shows that sales of electric vehicles rose by 30% across the European Union and by as much - [Are you getting the best possible value from your car fleet? (part 1) - 5 essential questions](https://fleetworx.com/car-fleet-best-value/) - Appointing an external fleet management company to oversee car fleet is becoming an increasingly common practice. As businesses look to reduce headcount and out-source non-core activity, removing the fleet department and handing responsibility to HR, Procurement and/or Finance is a very familiar picture across UK and pan-European companies. A 2014 industry report found this practice - [Are you getting the best possible value from your car fleet? (part 2) – 5 more essential questions](https://fleetworx.com/are-you-getting-the-best-possible-value-from-your-car-fleet-part-2-5-more-essential-questions/) - As we learnt from part 1 in this mini-series, knowledge imbalance is a common by-product of outsourcing a company car fleet. When a company removes the internal fleet specialist and moves the responsibility to generalist stakeholders, this creates a power shift to the supply chain. As the generalists usually don’t have the benefit of previous - [Are you getting the best possible value from your car fleet? (part 3) - 6 more essential questions](https://fleetworx.com/are-you-getting-the-best-possible-value-from-your-car-fleet-part-3-6-more-essential-questions/) - As we learnt from part 1 in this mini-series, knowledge imbalance is a common by-product of outsourcing a company car fleet. This series of blogs covers the questions that must be asked of the supply chain to ensure they are delivering best value. Part 1 dealt with the issue of transparency and cost control, whilst - [Plug-in hybrids not being plugged in? Real world data supports need for plug-in hybrid fleet strategy.](https://fleetworx.com/plug-in-hybrids-not-being-plugged-in-real-world-data-supports-need-for-plug-in-hybrid-fleet-strategy/) - We have written recently about the suitability for fleet of EV and plug-in hybrids, and how it is important to develop a deployment strategy considering the following issues: company objectives tax position technology driver behaviour health and safety range image future proofing One of our main concerns was driver behaviour and how this impacts on - [New Real-World CO2 Emissions Testing Set To Affect Company Car Taxation](https://fleetworx.com/new-real-world-co2-emissions-testing-set-to-affect-company-car-taxation/) - Have you heard about the new emissions testing regulations that will ultimately affect car tax? No? Can’t say I blame you. Without much of a fanfare, the launch date for the new testing regulations has been and gone. As of 1st September, the new vehicle type approval emissions tests have switched from the 80’s throwback - [The Great Cash or Car Conundrum](https://fleetworx.com/the-great-cash-or-car-conundrum/) - Although the offer of a cash allowance as an alternative to company cars may be considered a fairly ubiquitous option for company car users, it is, in fact, not as widespread as expected. A recent major report on Global Company Car Policies suggests that only 34% of companies across Europe allow all their employees the - [How Structured Company Car Schemes Can Improve Employee Wellbeing](https://fleetworx.com/how-structured-company-car-schemes-can-improve-employee-wellbeing/) - The recent REBA crafted report on wellbeing clearly demonstrates the growing strategic importance of wellbeing strategies and services. There is strong evidence of the high profile that wellbeing now enjoys at board level, and the subsequent clear recognition of the link between employee wellbeing and recruitment and retention, employee engagement and productivity. It is the - [Exposing Hidden Car Fleet Contract Costs](https://fleetworx.com/exposing-hidden-car-fleet-contract-costs/) - When costing a fleet supply agreement, and choosing the right funding model and appropriate supplier, it is important to understand that the price quoted against a vehicle list is merely a price at a snapshot in time, and on a very specific configuration. It is a price that is being provided for the purpose of - [Imminent IFRS16 Accounting Standards Will Impact Car Fleets: Make Them Work to Your Advantage](https://fleetworx.com/imminent-ifrs16-accounting-standards-will-impact-car-fleets-make-them-work-to-your-advantage/) - The new IFRS16 accounting standard is effective from 1Jan 2019 and will affect publicly listed companies that operate a leased company car fleet. It is broad reaching legislation that fundamentally changes the way organisations report their leases, forcing them to be recognised under an on balance sheet accounting model. Currently such leases are classified as - [How to Prepare Your Car Fleet for External Factors such as WLTP](https://fleetworx.com/how-to-prepare-your-car-fleet-for-external-factors-such-as-wltp/) - WLTP is firmly on the horizon and looming large. As of 1st September 2018, all new car registrations will need to issue CO2 emission based on WLTP (Worldwide Harmonised Light Vehicle Test Procedure) rather than the previously applied NEDCA. A few months ago we talked here about the impact WLTP will have on company car - [Business Mobility: Everything you wanted to know about mobility (but didn’t know who to ask)](https://fleetworx.com/business-mobility-everything-you-wanted-to-know-about-mobility-but-didnt-know-who-to-ask-2/) - “Business Mobility” and indeed “Mobility” is a hot topic. Whole swaths of the fleet industry are refining their propositions around the term. Leasing company’s such as Alphabet have repositioned themselves as “business mobility partners”, whilst the CEO of SIXT suggests customers are not concerned about their method of transport as long as they get quickly - [Lifting the Lid on Business Mobility - Car Sharing](https://fleetworx.com/lifting-the-lid-on-business-mobility-car-sharing/) - As companies are being forced to reconsider the financial and carbon cost of employee movement, a wide range of service providers are disrupting the market and providing mobility solutions that are shifting the focus from long-term leasing and ownership, to usage and mobility. One of those services is the development of car sharing. Many companies - [Driving in the EU after a no deal Brexit – Company car driver briefing](https://fleetworx.com/driving-in-the-eu-after-a-no-deal-brexit-company-car-driver-briefing/) - So we are fast approaching Brexit deadline day. Like it or not, it could be a no deal Brexit awaiting us on the other side of March. But what are the everyday implications for UK companies running a company car fleet and especially those whose drivers need to drive or take a car into the - [What Can Be Negotiated in Car Fleet Sourcing Deals?](https://fleetworx.com/what-can-be-negotiated-in-car-fleet-sourcing-deals/) - Car fleet sourcing projects can become complex, lengthy and relatively challenging. To justify the effort it is essential that the outcome delivers a favourable return – the best possible return with no stone left unnegotiated, as it were! When considering a sourcing project it is not entirely apparent how much opportunity for negotiation there will ## Pages - [Home](https://fleetworx.com/) - Refreshingly IndependentClient-Side Fleet Support Giving you total control of your company car fleet universe Total Fleet Category Management Dozens of different suppliers create your company car fleet universe. Fleetworx act as your independent, single point of contact to align these suppliers and keep your company car fleet moving. Fleetworx Total Fleet Category Management Coordinating, managing - [Fleet Intelligence](https://fleetworx.com/fleet-intelligence/) - Fleetworx · Fleet intelligence Fleet intelligence for the modern enterprise Twenty-one years of independent fleet expertise, now powered by AI. Total visibility, strategic insight, and genuine independence - for complex, multi-country fleet operations. Arrange a free FleetScan → How it works ↓ The shift Intelligence at scale - powered by our AI tools built on - [Term & Conditions](https://fleetworx.com/terms-of-use/) - Website usage terms and conditions – Fleetworx Ltd Welcome to our website. If you continue to browse and use this website, you are agreeing to comply with and be bound by the following terms and conditions of use, which together with our privacy policy govern Fleetworx’s relationship with you in relation to this website. If - [FAQs](https://fleetworx.com/faqs/) - Why should I outsource car fleet management? As with many well-established outsourced business processes, there are 5 key reasons why businesses should consider outsourcing the management of their car fleets to a professional third party. Reducing Costs: Outsourcing helps in reducing operational costs by eliminating the need for internal staffing and infrastructure investments. Greater Focus - [Governance](https://fleetworx.com/total-fleet-category-management/governance/) - Stakeholder Engagement & Procurement Systems The Challenge Managing the regular churn of company vehicles and ensuring orders and invoices are accurate is very resource intense. Compliance is key to competent fleet management, but AP departments and disparate fleet stakeholders are not always equipped with the procurement systems required to manage the volume of work that - [Data Capture](https://fleetworx.com/total-fleet-category-management/data-capture/) - Data capture and analysis solutions Data capture and its analysis is integral to the Fleetworx solution. Having a deep understanding of a clients fleet dynamnic allows decisions to be based on fact and accurate what-if analysis. The Challenge Working with big data needs systems and processes that can isolate the relevant data sources and handle - [Sourcing](https://fleetworx.com/total-fleet-category-management/sourcing/) - Negotiate better terms and deliver significant savings when changing car fleet suppliers As supply agreements only get reviewed every 4 or 5 years, supply terms can become out-dated and uncompetitive. Is it time to refresh your supply agreements and benefit from improved terms and significant savings? The Opportunity Current market dynamics has led to huge - [Invoice Management](https://fleetworx.com/total-fleet-category-management/invoice-management/) - Invoice Management The Challenge The supply chain of a large car fleet produces a huge number of invoices. Managing and verifying these invoices requires a detailed understanding of the nature of car fleet supply, something that is usually missing after fleet is outsourced. To manage the category correctly it is essential to control approval requests, - [Intelligent Strategy](https://fleetworx.com/total-fleet-category-management/intelligent-strategy/) - Intelligent Strategic Support The Challenge Intelligent strategic decision making needs to be supported with an accurate understanding of current position as well as scenario planning. To do this effectively it is essential to have the systems to collate, analyse and interpret data. Our Solution We use the intelligence from the data in the Fleetworx Centrax - [Reporting](https://fleetworx.com/total-fleet-category-management/reporting/) - Reports, forecasts and savings The Challenge Increasingly stringent regulatory needs requires businesses to be more aware of costs and financial obligations. The disjointed nature of a fleet supply chain means capturing this information across a fleet supply chain can be problematic. Our Solution Centrax™ is Fleetworx’s management information system that holds this data in a - [Vendor Management](https://fleetworx.com/total-fleet-category-management/vendor-management/) - Vendor and Lessor Management The Challenge Maintaining close management of vendor and lessor performance is a key component of a best-in-class company car fleet program. However, collating sufficient and relevant data is particularly resource intense, and as fleet is very often a small part of a fleet stakeholders larger portfolio of responsibility, instilling systems to collect the data can be challenging. Our - [Privacy Policy](https://fleetworx.com/privacy-policy/) - Business privacy policy – Fleetworx We are Fleetworx Ltd. We are wither a data controller or data processor in respect of information you provide to us (i.e. the organisation making decisions about how and why your personal information is used). We are registered with the Information Commissioners Office under registration ZA243989. This privacy notice is - [FleetScan](https://fleetworx.com/fleetscan/) - FleetScan – take control of your company car fleet Operating a company car fleet is challenging. Whether facing a lack of cost transparency, a disparate and disjointed supply chain, or the cash v car question, we help companies isolate and overcome such challenges. A FREE FleetScan from Fleetworx is a quick and easy way - [Let's Talk](https://fleetworx.com/lets-talk/) - If you would like to learn more about Fleetworx products and services, please complete and submit your details below. Company Address 1 Charles Court, Budbrooke Road, Warwick, CV34 5LZ+44 (0) 1926 353 300sales@fleetworx.com - [Who we are](https://fleetworx.com/who-we-are/) - Graham Rees Director Graham is a veteran of the fleet industry for over 30 years. He worked in director level positions for many large fleet consultancy businesses, before deciding to use his knowledge and experience to set up Fleetworx. Graham specialises in the creative use of technology and focused investment to deliver fleet excellence. It - [EV Report](https://fleetworx.com/ev-report/) - [Are you ready for Electric Vehicles?](https://fleetworx.com/are-you-ready-for-electric-vehicles/) - Are you ready for Electric Vehicles? Use this interactive tool to establish your preparedness for EV’s. Are you fully electrified, making the all right choices and in the right way, or is electrification still a distant. LEARN MORE The Charge of the Electric Car Whether it is board-led strategic decision based on reputational value, or - [Reports & Whitepapers](https://fleetworx.com/reports-case-studies/) - view0 LikesWEBCAST: International Leasing Companies, Corporate Client Relationships – and What’s Nextfeatured view0 LikesCompetitive Supply in Company Car Fleetsfeatured view0 LikesControl the Contract, Control the Costfeatured view0 LikesThe Fleet Leaders Guide: 7 Steps to Effortless Global Fleet Managementfeatured view0 LikesTotal Fleet Category Managementfeatured view0 LikesCreate Stand-Out Company Car Rewardfeatured view0 LikesHidden Costs in Car Fleets - [News & Insights](https://fleetworx.com/blog/) - CategoriesCategories Select Category #NEGOTIATION #REMOVE COST Business Mobility Car Fleet Strategy Car Fleet Transfer Car tax Cash or Car Cost saving policies Cost Transparency Data Analytics Diesel Restrictions Electric Vehicles FAQ Management Information News PHEV Policies Replacement Cycles Reward & Benefit Supply Chain Total Cost of Ownership Total Fleet Category Management Uncategorized Car Fleet Strategy - [Case Studies](https://fleetworx.com/case-studies/) - We work in many different sectors, bringing expertise and delivering company car fleet excellence. Below are some examples of the success our unique approach, powered by Fleetworx Centrax, has brought to our clients. Building trust through attention to detail We’re always proud to receive feedback like this - recognising the value we deliver and the - [Fleetworx Centrax](https://fleetworx.com/fleetworx-centrax/) - Fleetworx Centrax is our proprietary management information system that is central to the work we do. We use Centrax to collate, analyse, report and advise on your company car fleet supply chain. The strategic direction that we implement for you is rooted in the empirical evidence generated by Centrax. Centrax helps us make complex decisions - [Your Benefits](https://fleetworx.com/your-benefits/) - Your business objectives are our main priority. Through a proactive and close management of your company car fleet supply chain, Fleetworx bring many benefits to your business. Complete Visibility Through Fleetworx Centrax we provide complete visibility at all levels of the supply chain. We provide a comprehensive dashboard of your entire fleet supply chain, with Fleetworx acting as your - [Our Solutions](https://fleetworx.com/our-solutions/) - Fleetworx work client-side to manage your company car fleet supply chain. Our unrivalled expertise and knowledge of car fleet management helps us focus on your business objectives, solve your challenges and bring regularity and consistency to the whole process. Industry Expertise We create a challenging environment for the supply chain. You could say we know - [Your Challenges](https://fleetworx.com/your-challenges/) - Many companies now focus on their core activities, whilst outsourcing everything that is non-core. As managing a company car fleet is generally considered non-core to a businesses operation, many are now placing the management of their company cars in the hands of external suppliers. Ultimately this brings many challenges for the fleet owner. Fleetworx recognise - [Our Approach](https://fleetworx.com/our-approach/) - Fleetworx supports organisations that need robust company car fleet management in the UK and across EMEA. Our expertise and practical influence spans the entire fleet supply chain, providing total fleet category management to many clients . Our focused and impartial approach is proven to deliver a significant return on investment. Our solutions help you deal - [Mobility Manager](https://fleetworx.com/stakeholders/mobility-manager/) - Helping You Keep Your People Mobile Evolving market dynamics means company car provision is becoming one of a number of solutions that companies use for the the movement of their people. Mobility solutions are becoming increasingly popular in densely populated, urban environments where other transport options integrate with company car ownership to provide flexible travel - [Fleet Manager](https://fleetworx.com/stakeholders/fleet-manager/) - Making Fleet Better For Your Business Big data is changing the way the world functions. The intelligent use of information helps businesses build a real competitive advantage and fleet management is no different. The Fleetworx Central system collates hundreds of fleet data points to help fleet stakeholders really understand the category and control spend, whilst - [Procurement](https://fleetworx.com/stakeholders/procurement/) - Helping Steer Your Procurement Solution Sourcing car fleet can be complex and intricate; in fact it is like no other category. Fleetworx are ideally positioned to explore business partnering opportunities with procurement departments to assist their fleet management and sourcing requirements. Fleet sourcing may only happen once every 3 or 4 years, as the replacement - [Finance](https://fleetworx.com/stakeholders/finance/) - Putting Your Finance Department in The Driving Seat In a medium to large business, company car fleet is often the second largest cost category after labour, with the cost of operating a car fleet of 2000+ cars over £20m pa. This makes it a target of the finance department. But for a finance department to - [Compensation & Benefits](https://fleetworx.com/stakeholders/compensation-benefits/) - Getting a Handle on Your Car Fleet Reward professionals see the value in an attractive company car policy. They understand the need to produce company car reward that can act as a differentiator in the market place, but which does not drive cost into the category. Although reward professionals in a mature Compensation and Benefits - [HR](https://fleetworx.com/stakeholders/hr/) - Helping HR Create Stand-Out Company Car Reward A company car can be a very effective recruitment and retention tool. Experience shows that careful management of the category can produce a company car policy that can leverage serious competitve advantage in an aggressive recruitment market. Many smaller niche operators in the hi-tec space use carefully designed - [Stakeholders](https://fleetworx.com/stakeholders/) - Fleetworx help a variety of stakeholders in client businesses and have empathy with the differing needs and wants that are driven by the agendas of different departments. We can help an HR professional use company car design to create an attractive recruitment position, whilst we also understand the desire for a deal that engages the - [Finance](https://fleetworx.com/sectors/finance/) - Futureproofing Financial Services’ Mobility Needs Meeting the mobility needs of a fast paced, agile industry is rapidly changing. City and urban based businesses no longer wish to own vehicle assets and assign them to employees, they are looking for flexible, responsive mobility solutions that allows their people to move quickly and effectively throughout their regions. - [FMCG](https://fleetworx.com/sectors/fmcg/) - Keeping Your Fast Moving Consumer Goods Fast Moving Mergers and acquisitions and company divestments are a fact of life within the FMCG sector. The amalgamation of two or more businesses or the disposal of a division has wide reaching ramifications for the supply chains employed by each company, with fleet being no different. When divesting - [Technology](https://fleetworx.com/sectors/technology/) - Helping Businesses Drive the Hi-Tech Highway Hi-Tech and Communications is an extremely fast paced and competitive sector . This is clearly demonstrated in their approach to recruitment and retention. Companies are competing for a shrinking talent pool and company car benefit is a key tool used by employers to create a stand-out reward package. Many - [Pharmaceutical & Healthcare](https://fleetworx.com/sectors/pharmaceutical-healthcare/) - Keeping Your Car Fleet in Good Health An ageing population, expiring patents, increasing costs and the rising expectations of core customer groups means the health and pharma sector is facing challenging times. Costs are being squeezed and procurement departments are seeking improvements from their suppliers in all areas. Car fleet is generally the second largest - [Sectors](https://fleetworx.com/sectors/) - Fleetworx serve clients in many different sectors. Our clients have a wide variety of fleet demands, and we help them organise and manage their fleet supply chain to ensure fleet excellence at all times. From the fast paced and ever changing mobility demands of the pharma and healthcare sectors to the extremely competitive recruitment environment - [Mobility Solutions](https://fleetworx.com/total-fleet-category-management/mobility-solutions/) - The Changing Fleet Environment Traditionally, company car fleets have been the answer to a company’s mobility requirement. But as the approach to employee mobility is drawn into sharper focus, the company car is rapidly becoming only one part of a broader mobility mix. And the development of MaaS (Mobility as a Service) has paved the - [Total Fleet Category Management](https://fleetworx.com/total-fleet-category-management/) - Dozens of different suppliers, often in many different countries, create your company car fleet universe. Keeping these suppliers aligned can be a very complex and time consuming job. It only takes one supplier to venture off course and the slick, effective supply chain that you painstakingly created can grind to a sudden stop; impacting the - [Remove Cost](https://fleetworx.com/remove-cost/) - Helping a Multinational IT Company Reduce Fleet Cost The Client A client of Fleetworx for x years, with x number of cars across x number of countries Objective This large IT hardware business needed to deliver substantial cost savings whilst maintaining a competitive benefit level for employees. They asked Fleetworx to review their fleet supply - [Reduce Count](https://fleetworx.com/reduce-count/) - Simplifying the Supply Structure The Client A major global business operating in the Pharmaceutical sector with a hugely complex supply chain servicing a company car fleet of over xxx vehicles in xxx countries. The Objective Like many global businesses, the complex supply and management structure employed by this client was extremely resource intense. The client - [Reach Compliance](https://fleetworx.com/reach-compliance/) - Ensuring IFRS Compliance Across Extensive Car Fleet The Client A global Hi-Tech business with a car fleet of x in x countries The Objective With such an expansive company car fleet, the client needed to design a companywide lease database that would allow it to comply with IFRS 16 and US GAAP accounting regulations. Our - [No Access](https://fleetworx.com/no-access/) - [Cost Saving Tool](https://fleetworx.com/cost-saving-tool/) ## Post Grid - [total fleet management](https://fleetworx.com/post_grid/total-fleet-management/) - [Case Studies](https://fleetworx.com/post_grid/case-studies/) ## Portfolio - [WEBCAST: International Leasing Companies, Corporate Client Relationships - and What's Next](https://fleetworx.com/reports/webcast-international-leasing-companies-corporate-client-relationships-and-whats-next/) - International Leasing Companies, Corporate Client Relationships — and What’s Next The fleet leasing market has consolidated. Supplier choice has narrowed. And somewhere in that shift, too many corporate clients have lost strategic control of one of their most significant cost categories. Three industry veterans, with a combined 100+ years of experience, explore what is happening, - [Competitive Supply in Company Car Fleets](https://fleetworx.com/reports/competitive-supply-in-company-car-fleets/) - Competitive Supply (Multi-Bid) in Company Car Fleets: What Works, What Risks, What Matters Most A practical insight guide for procurement, HR and fleet leaders evaluating whether competitive supply is the right strategy for their company car fleet — and what needs to be in place for it to succeed. Multi-bid can be a valid fleet - [Control the Contract, Control the Cost](https://fleetworx.com/reports/control-the-contract-control-the-cost/) - The Hidden Trapdoors in Fleet Leasing Contracts Every Procurement Manager Should Know Outsourcing fleet management to leasing providers promises cost savings and efficiency. But hidden within those contracts are trapdoors, commercial levers that quietly shift control to the supplier and inflate costs over time. These aren’t obvious. Headline rates and management fees give the illusion - [The Fleet Leaders Guide: 7 Steps to Effortless Global Fleet Management](https://fleetworx.com/reports/the-fleet-leaders-guide-7-steps-to-effortless-global-fleet-management/) - The Fleet Leaders Guide: 7 Steps to Effortless Global Fleet Management Managing a global fleet can feel like a constant juggling act—balancing suppliers, stakeholders, compliance, and cost. That’s why we created this essential guide for fleet leaders, packed with actionable insights to help you streamline operations and take back control. This ebook highlights 7 key - [Hidden Costs in Car Fleets](https://fleetworx.com/reports/exposed-the-hidden-cost-threats-in-car-fleets/) - We looked at the data of a pan-european company operating a large car fleet across many countries. We gathered 5 years of data, analysed nearly 20,000 invoices, over 1.6m individual cost lines and drilled down into the data to see what it would tell us about a car fleet cost structure: the results are startling. - [Transitioning Car Fleet Supply](https://fleetworx.com/reports/transitioning-car-fleet-supply/) - Get the reward you were promised It is not uncommon for fleet tendering projects to fail to result in change. After the new supply route has been decided upon and the rewards calculated, it is fairly typical for businesses to actually struggle to implement the new fleet supply chain. This ebook outlines how to implement - [Total Fleet Category Management](https://fleetworx.com/reports/total-fleet-category-management-take-control-of-your-fleet-universe/) - Total Fleet Category Management Take control of your fleet universe As companies increasingly concentrate on core activities, non-core functions, such as fleet, end up being managed across silos. HR, Comp & Bens, Procurement and Finance may all be involved in the running of their company’s car fleet. They may all have specific responsibility for areas - [Create Stand-Out Company Car Reward](https://fleetworx.com/reports/car-fleet-reward-like-a-heavyweight-on-a-middleweight-budget/) - Reward Like a Heavyweight on a Middleweight Budget 5 Practical Steps to Help You Deliver Stand-Out Company Car Reward, WITHOUT increasing your cost. Company car benefit is an undisputed component of employee reward packages. It is well understood that company cars can be a key driver in recruitment and retention, however they are also starkly - [Driving Cost from your Car Fleet](https://fleetworx.com/reports/driving-cost-from-your-car-fleet/) - Negotiating Skills and Tactics to Drive Cost From Your Car Fleet Category Company car benefit remains a highly attractive incentive and can be a powerful and persuasive competitive advantage when recuiting and retaining top talent. It can also, however, be a massive investment and is typically the second biggest indirect cost category, behind labour. So, ## Downloads - [The State of Vehicle Electrification, EMEWA - 4th Edition September 2023](https://fleetworx.com/download/5754/?tmstv=1786820648) - [Electric Vehicles - European Benefit in Kind (BiK) Rates](https://fleetworx.com/download/5723/?tmstv=1786820648) - [The State of Vehicle Electrification - 3rd Edition July 2022](https://fleetworx.com/download/5669/?tmstv=1786820648) - [The State of Vehicle Electrification - EMEA 2nd Edition - October 2021](https://fleetworx.com/download/5619/?tmstv=1786820648) - [The State of Vehicle Electrification-EMEA-2021](https://fleetworx.com/download/5585/?tmstv=1786820648) - [Reward Like a Heavyweight on a Middleweight Budget](https://fleetworx.com/download/3667/?tmstv=1786820648) - [Total Fleet Category Management](https://fleetworx.com/download/5533/?tmstv=1786820648) - [The Charge Of The Electric Car](https://fleetworx.com/download/5476/?tmstv=1786820648) - [Fleetworx Brochure - Vendor Management](https://fleetworx.com/download/4766/?tmstv=1786820648) - [Fleetworx Brochure - Supplier Data](https://fleetworx.com/download/4764/?tmstv=1786820648) - [Fleetworx Brochure - Stakeholder Engagement](https://fleetworx.com/download/4754/?tmstv=1786820648) - [Fleetworx Brochure - Fleet Category Sourcing](https://fleetworx.com/download/4753/?tmstv=1786820648) - [Fleetworx Brochure - Savings](https://fleetworx.com/download/4751/?tmstv=1786820648) - [Fleetworx Brochure - Reports & Forecasts](https://fleetworx.com/download/4750/?tmstv=1786820648) - [Fleetworx Brochure - Policy Review](https://fleetworx.com/download/4749/?tmstv=1786820648) - [Fleetworx Brochure - Policy Benchmark](https://fleetworx.com/download/4748/?tmstv=1786820648) - [Fleetworx Brochure - PO Support](https://fleetworx.com/download/4747/?tmstv=1786820648) - [Fleetworx Brochure - Order Approval](https://fleetworx.com/download/4746/?tmstv=1786820648) - [Fleetworx Brochure - Manufacturer RFP](https://fleetworx.com/download/4745/?tmstv=1786820648) - [Fleetworx Brochure - Lessor RFP](https://fleetworx.com/download/4736/?tmstv=1786820648) - [Fleetworx Brochure - Invoice Management](https://fleetworx.com/download/4734/?tmstv=1786820648) - [Fleetworx Brochure - Funding Evaluation](https://fleetworx.com/download/4733/?tmstv=1786820648) - [Fleetworx Brochure - Data Systems](https://fleetworx.com/download/4732/?tmstv=1786820648) - [Fleetworx Brochure - Cost Control](https://fleetworx.com/download/4731/?tmstv=1786820648) - [Fleetworx Brochure - Commercial Management](https://fleetworx.com/download/4710/?tmstv=1786820648) - [Fleetworx Brochure - Accounts Payable Management](https://fleetworx.com/download/4707/?tmstv=1786820648) - [Hidden Costs in Car Fleets](https://fleetworx.com/download/4173/?tmstv=1786820648) - [Fleetworx Brochure - Supply Chain Approval](https://fleetworx.com/download/4765/?tmstv=1786820648) - [The Unintended Consequences of Outsourcing Company Car Fleets : And How to Avoid Them](https://fleetworx.com/download/3295/?tmstv=1786820648) - [Company Car Fleet Transfer - Preparing for Corporate Divestment](https://fleetworx.com/download/4065/?tmstv=1786820648) - [Total Cost of Ownership: What it means for your business](https://fleetworx.com/download/4094/?tmstv=1786820648) - [Fleet Contracts: Avoiding Commercial Trapdoors](https://fleetworx.com/download/4265/?tmstv=1786820648) - [Business Mobility: Everything you wanted to know about mobility](https://fleetworx.com/download/4313/?tmstv=1786820648) - [Car Fleet Supply Options: Single-supply or Multi-supply](https://fleetworx.com/download/4380/?tmstv=1786820648) - [Negotiating Skills and Tactics to Drive Cost From Your Car Fleet Category](https://fleetworx.com/download/4444/?tmstv=1786820648) - [Transitioning Car Fleet Supply](https://fleetworx.com/download/4414/?tmstv=1786820648) ## Case Studies - [Building trust through attention to detail](https://fleetworx.com/case-study/building-trust-through-attention-to-detail/) - We’re always proud to receive feedback like this - recognising the value we deliver and the trust our clients place in our partnerships. It’s a reflection of the independent, data-led support we bring to every fleet strategy. - [Significant driver take-up in electric vehicle pilot scheme](https://fleetworx.com/case-study/significant-driver-take-up-in-electric-vehicle-pilot-scheme/) - The Client A global pharmaceutical company with 650 vehicles in its UK division. The Objective Create a blueprint for a future Global Fleet Strategy that will only offer battery electric vehicles (BEV) across the majority of the world. Our Solution We created a small pilot scheme that switched a busy sales team from - [Successful electric vehicle phase-1 roll out in multi-national business](https://fleetworx.com/case-study/electric-vehicle-fleet-trial-in-multinational-business/) - The Client A multi-national tech business and long-term client of 12 years. Operating 2400 vehicles across 18 countries. The Objective The client needed support to roll-out the initial phase of their Sustainable Fleet strategy, the aim of which is to be carbon neutral by 2030. Our Solution The multi-national nature of the client - [Reviewing and Monitoring Fleet Commercial Terms for large Pharma Company](https://fleetworx.com/case-study/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 - [Cutting Huge Fleet Cost for US Tech Business](https://fleetworx.com/case-study/cutting-huge-fleet-cost-for-us-tech-business/) - A US Technology business operating company cars across 19 countries within EMEA. The business structure comprises a UK regional office and overseas satellite offices responsible for the company car provision of that particular country. There are 1800 vehicles being provided across the EMEA region with an annual spend of $32m. Objective The business approached Fleetworx - [Complete Fleet Category Overhaul for Multinational Pharma](https://fleetworx.com/case-study/complete-fleet-category-overhaul-for-multinational-pharma/) - The Client A long-term client of Fleetworx, having used our services for more than 11 years to manage their company car fleet of 1400 vehicles. The Objective This UK arm of a global pharmaceutical company initially recruited Fleetworx to replace their internal fleet management in a largely outsourced fleet environment. We were asked to interface - [Ensuring IFRS Compliance Across Extensive Car Fleet](https://fleetworx.com/case-study/ensuring-ifrs-compliance-across-extensive-car-fleet/) - The Client A global Hi-Tech business with a car fleet of 4200 in 22 countries The Objective With such an expansive company car fleet, the client needed to design a companywide lease database that would allow it to comply with IFRS 16 and US GAAP accounting regulations. Our Solution During the design phase the project - [Helping a Multinational IT Company Reduce Fleet Cost](https://fleetworx.com/case-study/helping-a-multinational-it-company-reduce-fleet-cost/) - The Client A client of Fleetworx for 12 years, with 2400 cars across 18 countries. Objective This large IT hardware business needed to deliver substantial cost savings whilst maintaining a competitive benefit level for employees. They asked Fleetworx to review their fleet supply structure and policies. The Solution A review of the car policy and - [Simplifying the Supply Structure](https://fleetworx.com/case-study/simplifying-the-supply-structure/) - The Client A major global business operating in the Pharmaceutical sector with a hugely complex supply chain servicing a company car fleet of over 5000 vehicles in 31 countries. The Objective Like many global businesses, the complex supply and management structure employed by this client was extremely resource intense. The client challenged Fleetworx to help - [Successfully Merging Two Car Fleets After Acquisition](https://fleetworx.com/case-study/successfully-merging-two-car-fleets-after-acquisition/) - The Situation Successful businesses do not stand still for very long. They evolve both organically and through acquisitions and mergers, with the latter providing significant challenges for business integration, not least when it comes to company car policy. Our client, a large US based organisation was faced with a merger of ‘equal parties’ from which, - [Interrogating Fleet data to Understand Employment Costs](https://fleetworx.com/case-study/interrogating-fleet-data-to-understand-employment-costs/) - The Challenge For our client, establishing employment costs in order to plan for growth had always been a challenge, particularly when they were trying to do this across 28 countries in the EMEA region. Snapshots of company car lease costs only told part of the story, and broad-brush estimates were generally the best that could - [Using Centrax to Remove Erroneous Invoices and Improve AP Processing](https://fleetworx.com/case-study/using-centrax-to-remove-erroneous-invoices-and-improve-ap-processing/) - The Client A household name technology business, with whom Fleetworx have been working for more than 10 years, The Objective The client’s AP team was faced with the challenge of satisfying necessary governance processes around fleet supplier invoices, but with no knowledge of the invoice accuracy. This situation was compounded by invoices arriving in different - [Effective Cost Allocation and Reporting](https://fleetworx.com/case-study/effective-cost-allocation-and-reporting/) - The Situation Like most corporates our client in the IT sector has strict governance processes around supplier payments. Payments must correspond to previously raised Purchase Orders and those Purchase Orders must only be raised to the expected value of the invoices; with very little headroom. Where there is a degree of variable spend,and particularly where - [Using Data to Review Fleet Category Cost Across 28 Countries](https://fleetworx.com/case-study/using-data-to-review-fleet-category-cost-across-28-countries/) - The Client A large pharmaceutical client operating in 28 markets across EMEA. This geographic diversity meant they were using various methods to fund and manage such a diverse fleet. The Objective The geographic diversity meant the category was dangerously expensive, resulting in the need to grasp control of the critical business processes and ultimately remove ## Categories - [Uncategorized](https://fleetworx.com/category/uncategorized/) - [#NEGOTIATION](https://fleetworx.com/category/negotiation/) - [#REMOVE COST](https://fleetworx.com/category/remove-cost/) - [News](https://fleetworx.com/category/news/) - [PHEV](https://fleetworx.com/category/phev/) - [Replacement Cycles](https://fleetworx.com/category/replacement-cycles/) - [Data Analytics](https://fleetworx.com/category/data-analytics/) - [Reward & Benefit](https://fleetworx.com/category/reward-benefit/) - [Car Fleet Transfer](https://fleetworx.com/category/car-fleet-transfer/) - [Cost Transparency](https://fleetworx.com/category/cost-transparency/) - [Policies](https://fleetworx.com/category/policies/) - [Car tax](https://fleetworx.com/category/car-tax/) - [Cost saving policies](https://fleetworx.com/category/cost-saving-policies/) - [Diesel Restrictions](https://fleetworx.com/category/diesel-restrictions/) - [Management Information](https://fleetworx.com/category/management-information/) - [Electric Vehicles](https://fleetworx.com/category/electric-vehicles/) - [Cash or Car](https://fleetworx.com/category/cash-or-car/) - [Business Mobility](https://fleetworx.com/category/business-mobility/) - [Supply Chain](https://fleetworx.com/category/supply-chain/) - [Total Cost of Ownership](https://fleetworx.com/category/total-cost-of-ownership/) - [Total Fleet Category Management](https://fleetworx.com/category/total-fleet-category-management/) - [Car Fleet Strategy](https://fleetworx.com/category/car-fleet-strategy/) - [FAQ](https://fleetworx.com/category/faq/) ## Tags - [Company car fleet strategy](https://fleetworx.com/tag/company-car-fleet-strategy/) - [Diesel](https://fleetworx.com/tag/diesel/) ## Portfolio Categories - [featured](https://fleetworx.com/portfolio-category/featured/) ## case studies categories - [case studies](https://fleetworx.com/case-studies-category/case-studies/) - [Featured Case Study](https://fleetworx.com/case-studies-category/featured-case-study/)