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Fleet administration time has increased in last year, according to GE Capital

Date: 09 March 2015   |   Author: Daniel Puddicombe

One in five fleet managers feel the amount of administration involved in running a fleet has increased in the last year, according to research from finance provider GE Capital.

The figures come from the firm's quarterly Company Car Trends research. The firm said the figures are slightly different for managers where the fleet is their primary job role, with 20% reporting an increase, compared to a 17% increase for those who have a wider remit.

"We believe that these figures show two key findings. Firstly, and most obviously, a sizeable number of managers involved in running fleets are seeing a year-on-year increase in the amount of administrative work they have to undertake," said Gary Killeen, managing director of GE Capital.
 
"It is the second finding that we find more interesting. It clearly shows that managers who become involved in fleet decisions, and for whom company cars / vans are not their primary responsibility, increasingly get tied up in fleet issues. This is especially true in areas such as operations, finance and human resources. For these core functions, fleet administration is eating up a greater amount of work time and it appears that this is a situation that is increasing quite quickly."  said Killeen.



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