FLEET managers are failing to invest in software to run the company car fleet, despite declaring that jobs such as monitoring servicing and maintenance and managing accidents or repairs were wasting time.

The 1996 Lex Report on Motoring - 'Listening to the needs of Company Motorists' claims that just 37% of fleet managers used some kind of fleet management software to help run their fleet, despite UK businesses putting an emphasis on cost control. While Lex Vehicle Leasing was not surprised that companies running under nine cars did not have software packages, it was surprised that just 42% of fleets operating between 50-99 vehicles had a system in use. The report added that 85% of 100-plus fleets had a dedicated software package.

The report says: 'Take into account the average cost of a company car provided in this year's Lex Report is £14,500. Multiply that by 99 and you have over £1.4 million worth of assets. How many other parts of a company would run this level of assets without a dedicated software package?'