Business Travel

Jan 11, 2024
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Vehicle fleet management is becoming an ever more complex and multifaceted task. To be a top fleet manager in today’s business world, you need to be able to juggle sustainability, managing vehicle shortages and keeping your teams happy. 

So, what are the best practices in vehicle fleet management? To start, let's get back to the very basics: What exactly is fleet management?

What is fleet management?

Fleet management refers to managing a company's vehicle fleet. It involves the acquiring, operating, maintaining and disposing of vehicles in a company's daily operations.

Vehicle fleet management is essential for companies that use large numbers of vehicles as part of their business operations — particularly transportation and logistics companies, delivery services, construction companies, and public transport agencies.

Many non-transport-related companies also have fleets of company cars provided to employees for travel needs. Managing these company car fleets successfully is challenging.

How do you manage a fleet of vehicles?

As a fleet manager, your day-to-day job involves keeping all the following ‘plates’ spinning nicely:

Vehicle Acquisition

It involves selecting, purchasing, or leasing vehicles that meet the company's operational requirements while considering cost, fuel efficiency and safety.

Vehicle Maintenance 

Regular maintenance and servicing of vehicles are crucial to ensure they remain safe, efficient and reliable. It means scheduling routine inspections and repairs and keeping records of maintenance activities.

Fuel Management 

Efficiently managing fuel consumption is vital for controlling operating costs. It may involve monitoring fuel usage, implementing fuel-efficient driving practices, or using fuel cards for tracking expenses.

Driver Management

Managing drivers includes hiring, training, scheduling and monitoring their performance. Ensuring that drivers follow safety protocols and comply with regulations is critical.

Compliance and Safety 

Fleet managers should ensure that vehicles meet legal and safety standards, including vehicle inspections, emissions compliance and driver hours-of-service regulations.

Telematics and Technology 

Many fleet management systems use telematics technology, which includes GPS tracking, vehicle diagnostics and communication systems to monitor and optimise vehicle and driver performance.

Asset Tracking 

Asset tracking involves monitoring vehicle locations and status in real time, enabling better route planning, improved efficiency and increased security.

Cost Management 

Keeping a close eye on operational expenses, such as maintenance, fuel, insurance and licensing, is fundamental in controlling costs and increasing profitability.

Vehicle Disposal

When vehicles reach the end of their service life, fleet managers are responsible for disposing of them through sales, auctions or other means.

Data Analysis 

Collecting and analysing data from vehicles and drivers can help you identify trends, optimise operations and make informed decisions that will improve efficiency and reduce costs.

Vehicle fleet management software

With so much on your plate, being able to count on a comprehensive, specialised tool designed to help you efficiently manage and oversee your fleet of company or commercial vehicles is crucial. 

These software solutions provide a wide range of features and functionalities that assist with fleet management, from tracking vehicle locations and maintenance schedules to analysing data and optimising operations. Here are some features and capabilities of vehicle fleet management software:

  • GPS Tracking

  • Maintenance Scheduling

  • Fuel Management

  • Driver Behaviour Monitoring

  • Compliance and Reporting

  • Route Optimisation

  • Inventory Management

  • Asset Tracking

  • Cost Analysis

  • Telematics Integration

  • Mobile Access

  • Security and Anti-Theft Features

  • Scalability

Fleet management software can be an invaluable tool for businesses and organisations that rely on a fleet of vehicles. It helps improve operational efficiency, reduce costs, enhance safety and provide valuable insights for better decision-making. There are various commercial and open-source options available, and the choice depends on the specific needs and size of the fleet.

 

Benefits of Alternative Fleet Management

Not all companies need to own and operate large fleets. For many, underutilised vehicles are costly and difficult to manage. Alternative solutions such as Freenow for Business allow companies to give employees flexible mobility options without the burden of fleet ownership.

Reduced Costs

Owning a fleet means high upfront and ongoing expenses. By switching to an alternative mobility solution, companies avoid the costs of fuel, insurance, and maintenance while only paying for the trips employees actually take.

Increased Efficiency

With Freenow, employees can choose the most suitable transport mode — from taxis to eScooters — directly through one app. Centralised dashboards and consolidated monthly invoicing simplify administration for finance and HR teams.

Improved Safety

Access to licensed drivers and vehicles that meet strict safety standards ensures secure journeys. Real-time GPS tracking and digital receipts add extra layers of security.

Enhanced Productivity

By outsourcing fleet management, businesses reduce the administrative workload. Employees save time on travel planning and expense reporting, leaving them free to focus on their work.

Better Compliance

Freenow provides tools for enforcing travel policies and generating CO₂ reports. This helps companies meet regulatory requirements and corporate responsibility goals.

Better Customer Service

When employees can travel seamlessly and reliably, customer interactions improve. Reduced downtime and smoother logistics translate into a better service experience overall.

Vehicle fleet management is evolving rapidly, shaped by technology, sustainability, and the need for efficiency. While traditional fleets remain essential for some industries, many businesses can benefit from alternative solutions such as Freenow for Business, which combines cost savings, flexibility, and sustainability.

By adopting the right mix of best practices and innovative mobility solutions, companies can ensure their fleets — whether owned or outsourced — deliver maximum value in 2025 and beyond.

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Best Practices For Vehicle Fleet Management | Freenow | Freenow