MT. LAUREL, NJ - Automotive Resources International (ARI), a leading global fleet solutions provider specializing in complex car and truck fleet services, has developed a new white paper that examines the pros and cons of compensating employees for driving their own vehicles versus providing company-owned fleet vehicles.
"Fleet vs. Employee-Owned Vehicles - Choosing the Best Approach to Drive Your Business" describes fleet, reimbursement/car allowance programs and Fixed and Variable Reimbursement (FAVR) plans. The paper also provides a methodology for using return-on-investment (ROI) models to select the most cost-effective option. For each of these options, the paper presents financing alternatives, describes the risk management and mitigation processes associated with business and personal use of vehicles and discusses how drivers and other stakeholders are impacted by the program selected.
"This white paper provides guidance to companies looking to identify the most cost- effective strategy for addressing employee vehicle needs," said Anthony Foursha, manager of the ARI Strategic Services Group. "It is the latest addition to ARI's extensive library of white papers, tutorials, videos and workshops, all designed to help fleet managers and administrators increase fleet ROI."
The 12-page white paper is available from ARI on a complimentary basis. To receive a free copy, contact your ARI sales manager or send an e-mail to [email protected]
ARI, a subsidiary of Holman Automotive based in Mt. Laurel, N.J., is an industry leader and the largest privately-held vehicle fleet management company in the world. As a single-source fleet management leader, ARI customizes innovative solutions that streamline fleet operations, help lower the cost of fleet ownership and create long-term value for customers.
Today, with a workforce numbering more than 1,400 and offices throughout the U.S., Canada, Mexico, Puerto Rico and Europe, the company manages more than 2,000 outsourced fleets (over 700,000 autos and trucks) in North America and, combined with its strategic partners, more than 2.0 million fleet vehicles globally. For additional information, visit www.arifleet.com.
Originally posted on Automotive Fleet