Fleet News

HR and finance experts muscle in on fleet decision-making

FINANCE and human resources executives play a major role in company fleet management decisions, a major new study has found.

The extent these professionals play in the UK fleet industry is revealed in an exclusive report produced by leasing giant LeasePlan.

The aim of the study was to assess the role of HR and finance executives in fleet decision-making and to identify how and why their fleets are managed and funded.

The study found that most companies outsource at least one aspect of vehicle management – commonly the day-to-day running of the fleet and their purchase and disposal.

It found that three out of four of the fleets surveyed are leased – mainly through contract hire – and fleets that are owned, mainly within bigger companies, are largely purchased with cash.

The survey said: ‘Cost is the main driver behind decisions on how to purchase and run the fleet. There seems to be a likely shift towards leasing in the future.’

Although HR and finance executives have an input in the fleet decision-making process, the survey found their awareness of fleet management suppliers was limited, with two in three unable to name any suppliers.

It was found that only one in four respondents expected to expand their fleets over the next three years and that although most companies offered some employees a cash for car scheme, this was only to a restricted group.

The survey added: ‘Changes to laws governing driver safety and corporate responsibility, CO2 taxation and use of mobile phones in the car seem to be the hottest topics among HR and finance professionals in fleet management, especially in the largest fleets.’

The survey contacted professionals who are involved in making fleet decisions in companies with 100 or more cars. There will be a full survey analysis in next week’s Fleet News.

  • For details, log on to www.leaseplan.co.uk/solutions
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