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New ROI calculator forecasts business savings from fleet software

Firms can now get a “highly credible” forecast of the potential savings from fleet software using a new online return-on-investment calculator from FleetCheck.

Peter Golding, managing director, FleetCheck

Peter Golding, managing director, FleetCheck

By entering a few basic facts about their vehicles and how they are used, users are able to see whether the likely monthly rental cost of adopting a system will be outweighed by financial benefits resulting from accurate reporting and increased control over operations.

Peter Golding, managing director, said: “There are many reasons for adopting fleet software and ROI is not always the main driver but it is very useful to be able to make a credible financial forecast, especially when there is pressure to ‘sell’ the purchase internally.

“We now have almost 1,000 business running something like 100,000 vehicles using our software, so we have a very good idea of the kind of financial impact that we can have. The ROI calculator is designed to be a highly credible forecast tool.”

FleetCheck – which has seen its user base grow by more than 35% over the last 12 months – added that there was also evidence that the market for fleet software was growing.

“We believe that the fleet software sector is getting larger and that our share is increasing. With so many demands being placed on fleets in 2019, using technology to track and manage everything from risk management to service and maintenance spending, all in the face of increasing amounts of data and demands around its security, makes absolute sense,” said Golding.

The ROI calculator can be found at https://www.fleetcheck.co.uk/roi-calculator/

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.