New TMC system aims to help businesses manage travel costs
05 January 2018
Author: Sean Keywood
A new service that enables companies to manage all business-related travel costs via a single dashboard has been launched.
The Mobility+ system, by TMC, can make recommendations for optimising mobility at both company and individual level, based on employee travel patterns.
The system also features a dashboard designed to enable employees to keep track of their spend and stay within any specified mobility budget.
Available in the UK and Europe, the system consolidates sources of data including vehicle leasing costs, SMR, accident costs, fuel, hire cars, hotels, trains, planes, meals, car parking, tolls and fines.
TMC says Mobility+ takes direct data feeds from all suppliers involved in business travel, including leasing companies, fuel card and telematics providers, accident management providers, payroll data and expenses systems along with mileage data from TMC's system.
TMC can also provide an expense management platform where employees can record claims and upload receipts at their desk or via TMC's multi-platform smartphone app.
By overlaying travel information on to employee data, such as whether individuals are home or office-based, TMC says Mobility+ provides companies with a single view of costs and a 360-degree view of each employee's business travel patterns.
TMC managing director Paul Hollick said: "We are very excited about the potential for Mobility+ and have designed the product around our client demands.
"Mobility+ is not just a reporting tool that tracks employee holistic movement costs. It analyses the consolidated data and makes mobility recommendations for each individual driver.
"These recommendations can be around who should or shouldn't be eligible for a company car; who could be in electric vehicles; who could be car sharing, and where it could be more cost-effective to give someone a transportation allowance rather than a conventional car or cash allowance."
Hollick added that the pan-European service would help businesses to optimise their mobility mix and manage their Total Cost of Mobility.
He said: "Mobility+ leverages TMC's expertise in bringing fleet and travel data streams to life. Consolidated data solutions are the key to achieving fully-fledged mobility as a service, and we see Mobility+ as a significant step along the road. "The tool consolidates all the TMC product lines into one simple view. We have fuel data, leasing data, trip data, telematics data and movement data through either our own expenses platform or by integrating with third partner expense solutions.
"Mobility+ brings this all together to allow strategic fleet managers to truly understand their mobility costs and provide outputs to reduce cost, improve policy and reduce carbon."