Operating in a similar way to comparison sites for insurance etc, CompareMyFleet.com enables fleets to input their required vehicle details, including maintenance options plus annual mileage and replacement period. Within 24-hours, decision-makers will receive from CompareMyFleet.com a report containing quotes from a basket of leasing companies on a per vehicle basis in a consistent and easy to compare format enabling them to make a fully informed choice that also contains key potential supplier terms.

The founders say they have already forged links with many of the UK’s leading contract hire and leasing companies including Alphabet, Days Contract Hire, GE Capital Fleet Services, Inchcape Fleet Solutions, LeasePlan UK, Ogilvie Fleet and Volkswagen Financial Services, with more anticipated to come on board.

In addition to providing an independent fleet comparison service, the CompareMyFleet.com team use their procurement experience to also provide a consultancy service to prospective clients to help them maximise financial savings, select additional added value services and to help ensure vehicles chosen are suitable for their business.

The CompareMyFleet.com service is free to end-user fleets with the company charging the successful leasing company a small fee per vehicle supplied.

The company is run by founders and directors Neil Birkbeck and Mark Pritchard along with Chris Moysen, who has more than 15 years fleet industry experience having held senior roles at Northgate Vehicle Hire, ARC Fleet Solutions and Hertz.

Mark Pritchard said: ‘Businesses and consumers have been able to make major financial savings by accessing comparison websites to source a range of goods and services.

‘While it takes only five minutes to access CompareMyFleet.com and find the best rates from a basket of contract hire and leasing companies, we also offer much more via a range of added value services that can also be sourced from those same companies such as service maintenance and repair, accident management and fuel card management.’

Businesses that have already made major financial and cash flow savings include Essex-based Cardinal Security. It has benefited from rental rate savings of around £50,000 after tendering on four separate occasions through CompareMyFleet.com for a total of 32 company cars with further savings coming from an improved payment schedule and a reduction in end-of-contract mileage charges.

Birkbeck concluded: ‘Cost management is the single biggest issue facing fleet decision-makers today and that starts with the cost effective procurement of goods and services critical to their business, including vehicles. Using CompareMyFleet.com is the smart way to reduce fleet costs.’