Fleet News

Mycompanyfleet offers driver cost profiling

New functionality by fleet software provider Mycompanyfleet allows fleet and other line managers to identify drivers that are incurring the highest cost burdens while on company business.

A driver profiler module, within the company’s mainstream FleetAcumen fleet management system, records all costs incurred by every company driver entered on the system.

These include fuel expenditure, maintenance costs, repair bills, end-of-contract charges, speeding fines and accident costs for each driver. These costs are allocated points within a grading system for each driver, which allows a cost profile to be built up for each one.

From this, those drivers which incur average costs and those which are the least and most expensive within the company can be easily identified.

Fleet managers can then decide if remedial action for the most costly drivers, such as speed awareness or other training courses, is required to try and correct driver behaviours.

Jon Tandy (pictured), business development manager at Mycompanyfleet, said:“This is not Big Brother functionality but a realistic attempt to identify those drivers who are the biggest drain on company’s resources at a time when many companies are looking to exert tight cost controls to maintain profitability.

“With the economy still struggling to recover from recession in many areas, tight cost control remains right at the top of the corporate agenda and many companies are looking for as many ways of keeping costs in check as possible.

“We know from talking to fleet operators that they would welcome this type of functionality as it would allow them to quantify the cost they are incurring on an individual driver basis and give them greater control over their fleet budgets.”

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