Costs and risks brought into focus and manageable
A vehicle fleet has associated costs and risks. The durations of lease contracts, changing legislation and changes to your own organisation can have financial consequences that are far-reaching. The consultants at Fleet Support have the knowledge and experience in-house to help you bring the costs and risk into focus, to then pro-actively advise on and realize the best solution for your company. Returns for you!
Is the vehicle fleet registration in your company properly guaranteed? Correct and up-to-date registration allows you to avoid penalties and retrospective tax collection by the fiscal authorities. Fleet Support can help you to avoid these risks using the Payroll Connector. In brief, this is a continuous risk-check of the administrative implementation of your car scheme and the fiscal obligations. In addition, a check is made that the deductions from salary, such as personal contribution, fines and excesses are correctly charged to the drivers.
The modified IFRS (International Financial Reporting Standards) rules have appreciable consequences for companies listed on the stock exchange. The difference between Operational Lease (Off Balance) and Financial Lease (On Balance) will disappear. There will only be On Balance financing and as a result the vehicle fleet will weigh on the company's balance sheet. This has consequences for the relationship between debts and equity capital. In addition, the administrative burden increases because of the reporting obligation to administratively process depreciation, interest and service provision each month. Fleet Support anticipates this development and helps you to examine alternative management models and forms of management for your company.
Are all of your car costs and management processes clear? This may be an area where profit can be gained. Our consultants will analyse your vehicle fleet situation based on market conformity and improvement points in the field of:
• Contract and purchasing agreements with suppliers
Our analysis will specify and quantify the savings areas and will make it clear where Fleet Support can obtain returns for you.
