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  Fleet Management Software - Potential Cost Savings

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FleetWave Fleet Management Software Graphic

Fleet Management Software - Calculation of Potential Cost Savings

Commentary is provided in our article Due Diligence Can Dramatically Reduce Fleet Management Costs.

Further Information is provided at Internal Control and Fraud Prevention.

Description Instruction Potential saving Saving
Saving in Maintenance costs through operation improvements Maintenance %
Saving in labour costs through improved operations %
Saving in fuel costs through quicker identification of poor driving, fraud and mechanical failure. Additional savings are possible as a result of changes to replacement vehicle policy. %
Saving of parts inventory as a result of better warranty identification. %
Savings on repairs through better warranty identification Fleet size
(please insert no. of vehicles)
/vehicle
Administrative labour savings through faster reporting, freeing up resources for use elsewhere. Administration costs %
TOTAL SAVING =

Please note that the able calculation table is interactive, we advise the following for ease of use:

Potential Savings from utilising FleetWave Fleet Management Software (what history has shown):

  • Maintenance 6-8%
  • Annual Shop Labour Cost 7-9%
  • Fuel 7-9%
  • Parts 5%
  • Fleet Size - Warranty Savings per vehicle $400-500
  • Administration Cost 15%

 
   
 

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