Arval has launched Total Fleet, a reporting platform which provides fleet managers working with several fleet management suppliers, a consolidated view of their strategic fleet key performance indicators.
Total Fleet aims to free Arval’s clients working with multi-supply schemes from the burden of having to aggregate data from multiple sources, thus facilitating strategic decision making, taking into account all key aspects of their entire fleet, independent of whom they source the services from, says the leasing company.
It will provide fleet managers with a fully customizable 360° view of their fleet based on four Key Performance Indicators:
1. Fleet: active vehicles, deliveries, returns and planned returns
2. Spend: total, in contract, out of contract and end of contract spend
3. Usage: the evolution of contract terms, fleet usage and contract deviations
4. Corporate Social Responsibility: CO2 emissions and carbon footprint
Arvals said that Total Fleet meets all the necessary requirements from a competition law and data protection perspective. It is hosted, maintained and managed by an independent IT service provider.
Upon clients request to feed the platform, the clients’ lessors can access Total Fleet directly to upload their fleet data. The data and the reports are only accessible to the clients. Neither Arval, nor the other lessors, have access to the data or to the consolidated view.
Arval expects that upon clients request to feed the platform, other lessors will give their best efforts to produce and upload the data in the specified timeframe and ensure that the best data quality is delivered to the clients.
To that purpose, Arval has set up a standardised set of data which is today already largely available from the different reporting tools in the market.
Arval CEO Philippe Bismut said: “Arval believes that, ultimately, clients would benefit from a single market solution and accordingly remains keen to open discussions with other lessors for positioning the platform as an industry shared solution.”
Total Fleet will equally be made available to clients across the Element-Arval-Global Alliance, in particular to Element clients in the US, who have been keen to access this kind of service for a while.