Optifleet - Online Managed Car Solutions
Toomey Opticar Limited is a wholly owned subsidiary of Laindon Holdings Limited, and a member of the Toomey Group.
The company provides online driver management systems as part of an overall fleet strategy that in most cases will include a combination of company owned and employee owned cars.
The Toomey Group, one of the country’s largest independently owned contract hire companies is well positioned to competitively source, finance and maintain your fleet be it company or employee owned.
The Toomey Opticar application, Optifleet, has been designed to dynamically assign employees to the least-cost selection – company car or employee owned car – based on the specific individual mileage profile.
Once implemented the scheme requires minimal company involvement, the system manages every aspect of a driver’s experience, including car selection, online mileage logging, Occupational Road Risk controls, maintenance, insurances and accident management.
Optifleet is the solution for companies wishing to reduce fleet costs and add value to the car benefit in a properly managed environment.
The key to the scheme is the balance between company owned cars and company funded employee owned cars in order to deliver
One of the key objectives is to generate savings for the company, or at least enhance the value of the car benefit at no additional cost.
This is mainly achieved by steering employees towards their least-cost option at the point of selection, with a combination of company owned and employee owned options.
The employee owned option is addressed by means of a net cash allowance using the HMRC Authorised Mileage Allowance Payments (AMAPs) as a major component of the monthly compensation to employees.
Where employee's business mileage falls below the calculated break-even point, they may find that the company car is their most cost effective route, with higher business mileages achieving some significant savings for both company and employee.
An enhanced car benefit to help with recruitment and retention is another key scheme objective.
The setting of employee budgets is a key part of the scheme and if the savings realised by the scheme can be shared with employees by increasing their budgets, then the result will be extremely positive for both parties.
Employees will not only realise that they have been protected from increased taxation, they will also have the opportunity to either make further savings themselves, or have a better car for the same net monthly cost.
This is an area that is often overlooked when new car benefit policies are planned, it is the key to successful implementation, and is highly visible to employees accessing the car selection section of their online accounts.
The Optifleet solution is not only a tax efficient scheme for mixed fleets it is also a powerful fleet management suite in its own right.
Optifleet combines fleet and driver management in a flexible, easy to use online system.
It covers all aspects of the driver experience from vehicle acquisition and selection, maintenance, mileage logging, fuel management, HSE Occupational Road Risk management and vehicle disposal.