Two Critical Tips for Choosing HCM Tech
Accounting & Tax

Measuring Your Fleet’s Performance

If the CFO of your Company stopped you in the elevator today and asked you how the fleet was performing, what would be your response? What metrics would you use to support your evaluation?

For most fleet managers, the expectation from their leadership is to continuously find ways to improve the cost-effectiveness of the fleet. At the same time, macroeconomic factors push fleet costs up each year (all else equal). Managers are forced to identify creative and innovative ways to avoid future costs by leveraging existing and emerging technology to optimize the size and operation of the fleet. If your total fleet spend tends to increase year over year, how do you show progress is being made?